What's the point of talking about the currency now when it has already exploded?
Coinaute
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đšđ„Today will definitely be in the history books.
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Donald Trump launched $TRUMP, poised to be the biggest memecoin in history... Only few understand that crypto has now changed forever.... Dive into the $TRUMP launch and discover what it means for you đđ§”
The craziest night in crypto history has transformed into the craziest morning.
$TRUMP memecoin is now up by 14,337% just 14 hours after its launch. What will the history books say about this one?
Many crypto bros are upset. Why? Because it seems like only Trump Coin and Solana are the biggest movers of the day. It seems we finally got the crypto adoption we wanted â so much so that even the President of the U.S. is creating his own memecoin. But not everyone appreciates this type of adoption. Nearly $40 million in fees were generated just hours after the launch, and the number is likely much higher as we speak. So far, the biggest winners are the liquidity providers from Meteora. However, beware â don't jump into this if you've never done it before. Impermanent loss can be significant in such things.
At the moment, some strange things are starting to appear. 1. For example, just look at the map of token distribution right before launch. A massive 80% of the tokens have been amassed in a single wallet, scheduled to be distributed over the next three years. The problem? This 80% resides in one wallet rather than being secured within a smart contract that could automatically manage their distribution.
2. Just recently, it was reported that the Trump team sold approximately $500 million worth of tokens. So, just be careful out there. When such big manipulations occur, squeezes and liquidations will always happen. It's part of the journey. Of course, the official token from the first crypto president can go even higher. It has already surpassed $FLOKI, $WIF, and $BONK in market cap. Are $PEPE, $SHIB, and $DOGE the next targets? Who knows. But one thing is certain â don't ape too much when this thing is already quite high.
62x in a matter of hours. Some even bought later â but with larger amounts... Many new millionaires were truly created.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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