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    Home»Altcoins»'Official' Solana-Primarily based Trump Memecoin Immediately Hits $2,950,000,000 Market Cap – The Every day Hodl
    'Official' Solana-Primarily based Trump Memecoin Immediately Hits ,950,000,000 Market Cap – The Every day Hodl
    Altcoins

    'Official' Solana-Primarily based Trump Memecoin Immediately Hits $2,950,000,000 Market Cap – The Every day Hodl

    By Crypto EditorJanuary 18, 2025No Comments2 Mins Read
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    Crypto merchants are debating whether or not Donald Trump’s social media passwords have been cracked, because the President-elect’s accounts tout the launch of his “official” memecoin.

    'Official' Solana-Primarily based Trump Memecoin Immediately Hits ,950,000,000 Market Cap – The Every day Hodl

    The memecoin launch announcement hit Trump’s social media platform Fact Social first, and was posted on X shortly thereafter.

    The brand new coin is constructed on the Solana community, and has already tapped a $2.95 billion market cap, in line with CoinGecko.

    The coin’s web site is attributed to CIC Digital LLC, which is identical crew Trump used to launch his official NFT initiatives. A complete of 80% of the cash are at present locked, and will probably be launched over a number of years.

    Trump has promised to help crypto innovation and adoption, in addition to set up a nationwide Bitcoin reserve.

    Odds on the Bitcoin reserve taking place within the first 100 days of Trump’s administration stand at 42% on Polymarket at time of publishing.

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    Disclaimer: Opinions expressed at The Every day Hodl will not be funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your individual threat, and any losses chances are you’ll incur are your duty. The Every day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital property, neither is The Every day Hodl an funding advisor. Please word that The Every day Hodl participates in affiliate internet marketing.

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