عبدالرحمن عبدالغفار

US President-elect Donald Trump has launched a meme coin called TRUMP.

He announced it on his official X (formerly Twitter) account

The coin has so far surged 12,000% in 12 hours and is now worth $32 billion.

Twitter accounts indicate that some traders have made huge gains, with a trader going from $50,000 to over $1 million.

Sites like Axios and CNBC confirmed that Trump launched the new coin, and that the Twitter announcement was not a hack.

Trading volumes approached $1 billion while the coin’s value rose by more than 300% within minutes. When the market stabilized, the price of $TRUMP reached $7.1, up significantly from its initial price of $0.18.

The $TRUMP token was built on the Solana network and has a total supply of 1 billion coins, with 200 million available at the start. The remaining amount is scheduled to be issued in stages over the next three years.

Ownership of the token is highly concentrated, with CIC Digital LLC, a subsidiary of the Trump Organization, and Fight Fight Fight LLC, a new company based in Delaware, each owning 80% of it. The token is currently reportedly worth between $17 and $18 per coin.

$XRP We notice a strong entry from the whales and the beginning of compensating for the losses of the previous two days and the possibility of breaking the resistance of the previous two days.

The rest of the campaign is still on, seize the opportunity 1024785508

Binance Square is pleased to introduce the launch of a new campaign on the Task Center on the Binance App. Users can complete simple tasks daily to unlock a share of $5,000 in USDC token rewards and earn Binance Points. 

Activity Period: 2024-12-19 06:00 (UTC) to 2024-12-25 06:00 (UTC)

All eligible users can complete each of the following tasks once every day during the Activity Period.

Tasks: 
1. Check in to Binance Square daily.*
2. Create a post with at least 100 characters using the limited-time hashtag (e.g., $BTC) OR selected trading pair. 
3. For new Square users who have never posted on Square before the Activity Period, their first post will count as double (i.e., 2 participations). 

Notes:
Limited-time hashtag and selected trading pair will be refreshed daily at 06:00 (UTC) and will run for 24 hours. 

Completion of check-in AND creation of post (either with the hashtag OR the trading pair) counts as 1 participation. Users will need to complete both tasks within the 24-hour window for it to be counted as a valid entry. 

Reward per Eligible Participant = Number of Tasks Completed / Total Number of Tasks Completed by All Participants * Reward Pool, capped at $10 per participant.

Terms & Conditions
This Activity may not be available in your region. Eligible users must be logged in to their verified Binance accounts whilst completing tasks during the Activity Period in order for their entries to be counted as valid. 
Users will receive a share of the reward pool and Binance Points upon completion of tasks and will be able to redeem their voucher and Points via Profile > Rewards Hub. 
Token vouchers will be distributed within 21 working days after the campaign ends and expire 14 days after distribution. Points will expire on the last day of the same month a year later on a first-in, first-out basis.
Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards.