It was early January when President Donald Trump dropped a meme coin such as you’ve by no means seen earlier than! The HYPE for memecoins on Solana received to new heights when $TRUMP was launched on the blockchain. The identical man who’s recognized for his acid tweets and brash strikes leaping headfirst into the wild world of crypto.
POTUS had some pores and skin within the sport, with the ICO drop that had huge numbers and massive strikes! The Preliminary Coin Providing blasted 200 million $TRUMP tokens into the general public market like a rocket to the moon. Nevertheless, there was a twist… CIC Digital LLC and Struggle Struggle Struggle LLC, stored 800 million tokens for themselves.
Guess what? These tokens gained’t be unlocked abruptly, as they’re set for a three-year drip feed. Discuss a long-term play or only a technique to keep away from Pump & Dump speculations?
When $TRUMP launched it shot up over 300% in a single day like a degen dealer’s dream. Value spiked to round $75 per token, which meant the market cap soared to $15 billion. I wasn’t as early because the Donald’s internal circle so my FOMO kicked in at $19.99 per token!
Discuss instantaneous hype, as $TRUMP was mainly the most popular new coin on the block. What goes up… should come down. The worth took a dive, dropping to about $19 per token. Traditional crypto volatility or a sensible plan?