Sat, January 18

TRUMP Becomes Top Fourth Memecoin By Market Cap, Surpassing $4B

TRUMP Becomes Top Fourth Memecoin By Market Cap, Surpassing $4B Altcoin News
  • TRUMP becomes top Solana-based memecoin and top fourth memecoin by market cap. 
  • The token witnessed a 350% price surge within 24 hours after launch and surpassed $4B market cap. 

Donald Trump’s official memecoin TRUMP is breaking records with its incredible surge in price and market cap, within less than 24-hours after its launch. This meteoric rise of the memecoin has captured the attention of both the crypto industry and mainstream media. The TRUMP token catapulted into the top four memecoins by market cap today.

TRUMP Price (Source: CoinMarketCap)

US President Donald Trump launched the TRUMP memecoin earlier today and announced it on his official Truth Social and X accounts. From the starting price of around $4, the TRUMP price surged by around 350% today. The token is trading at $22.80 at press time, with a $4.57 market cap and $5.67 billion trading volume. 

TRUMP Becomes Top Fourth Memecoin by Market Cap

Top Memecoins (Source: CoinMarketCap)

Within no time, TRUMP token raised to be the top fourth memecoin by market capitalization. It surpassed popular memecoins such as Pudgy Penguins PENGU, Fartcoin, Bonk, WIF, and Floki Inu, and captured fourth place after DOGE, SHIB, and PEPE. 

The current market capitalization of TRUMP token is $4.7 Billion, which is increasing at a rapid rate. When it comes to Solana-based memecoins, TRUMP became the top token surpassing all the other existing memecoins such as a16z. 

The incredible hype around the US president’s official memecoin combined with token listing announcement on major crypto exchanges, TRUMP token’s adoption and market price are increasing at a faster pace. It is no wonder if we witness TRUMP becoming the top memecoin in the next few hours. 

However, industry leaders and top officials perceive the token launch as the launch of a “political memecoin market.” Nonetheless, the TRUMP token is taking the crypto market by storm ahead of Donald Trump’s inauguration on Monday. 

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