#TRUMPOnBinanceFutures
$TRUMP: A Sudden Rise and an Uncertain Future
Donald Trump launched his new cryptocurrency “$TRUMP” on the Solana network, and the coin saw a staggering 12,000% surge in just 12 hours, bringing its market cap to $32 billion.
200 million of the initial 1 billion coins were issued, with plans to distribute the remaining amount over the next three years. However, 80% of the supply is owned by companies linked to the Trump Organization.
Despite the huge profits made by some investors, the coin remains subject to extreme volatility and potential fraud risks. Therefore, investors are advised to verify the credibility of any investment before entering this market.
Do you see a future for this coin in the markets?
