{"id":34390,"date":"2025-01-18T07:59:36","date_gmt":"2025-01-18T07:59:36","guid":{"rendered":"https:\/\/peraltafinancing.com\/altcoin\/official-solana-based-trump-memecoin-instantly-hits-2950000000-market-cap\/"},"modified":"2025-01-18T07:59:36","modified_gmt":"2025-01-18T07:59:36","slug":"official-solana-based-trump-memecoin-instantly-hits-2950000000-market-cap","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=34390","title":{"rendered":"&#8216;Official&#8217; Solana-Based Trump Memecoin Instantly Hits $2,950,000,000 Market Cap"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p>Crypto traders are debating whether Donald Trump\u2019s social media passwords have been cracked, as the President-elect\u2019s accounts tout the launch of his \u201cofficial\u201d memecoin.<\/p>\n<p><a href=\"https:\/\/x.com\/realDonaldTrump\/status\/1880446012168249386\" rel=\"noopener\" target=\"_blank\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-316493 aligncenter\" src=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2025\/01\/2314.png?w=682\" alt=\"\" width=\"434\" height=\"651\" srcset=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2025\/01\/2314.png 905w, https:\/\/dailyhodl.com\/wp-content\/uploads\/2025\/01\/2314.png?resize=200,300 200w, https:\/\/dailyhodl.com\/wp-content\/uploads\/2025\/01\/2314.png?resize=768,1152 768w, https:\/\/dailyhodl.com\/wp-content\/uploads\/2025\/01\/2314.png?resize=682,1024 682w, https:\/\/dailyhodl.com\/wp-content\/uploads\/2025\/01\/2314.png?resize=750,1125 750w\" sizes=\"auto, (max-width: 434px) 100vw, 434px\"\/><\/a><\/p>\n<p>The memecoin launch announcement hit Trump\u2019s social media platform Truth Social first, and was posted on X shortly thereafter.<\/p>\n<p>The new coin is built on the Solana network, and has already <a href=\"https:\/\/x.com\/coingecko\/status\/1880489673832952286\" rel=\"noopener\" target=\"_blank\">tapped<\/a> a $2.95 billion market cap, according to CoinGecko.<\/p>\n<p>The coin\u2019s website is attributed to CIC Digital LLC, which is the same team Trump used to launch his official NFT projects. A total of 80% of the coins are currently locked, and will be released over several years.<\/p>\n<p>Trump has promised to support crypto innovation and adoption, as well as establish a national Bitcoin reserve.<\/p>\n<p>Odds on the Bitcoin reserve happening in the first 100 days of Trump\u2019s administration <a href=\"https:\/\/polymarket.com\/event\/will-trump-create-a-national-bitcoin-reserve-in-his-first-100-days\" rel=\"noopener\" target=\"_blank\">stand at<\/a> 42% on Polymarket at time of publishing.<\/p>\n<p><em><span style=\"font-size: 13pt;\">Don&#8217;t Miss a Beat \u2013 <a href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\" target=\"_blank\" rel=\"noopener\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt;\">Check <a href=\"https:\/\/dailyhodl.com\/crypto-markets\/\" target=\"_blank\" rel=\"noopener\">Price Action<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt;\">Follow us on <a href=\"https:\/\/twitter.com\/TheDailyHodl\" target=\"_blank\" rel=\"noopener\">X<\/a>, <a href=\"https:\/\/www.facebook.com\/thedailyhodl\/\" target=\"_blank\" rel=\"noopener\">Facebook<\/a> and <a href=\"https:\/\/t.me\/thedailyhodl\" target=\"_blank\" rel=\"noopener\">Telegram<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt;\">Surf <a href=\"https:\/\/dailyhodl.com\/daily-hodl-mix\">The Daily Hodl Mix<\/a><\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<p>&amp;nbsp<br \/>\n<center><img loading=\"lazy\" decoding=\"async\" class=\"\" src=\"https:\/\/dailyhodl.com\/wp-content\/uploads\/2018\/06\/Get-Alerts-728x90.png\" width=\"800\" height=\"99\"\/><\/center><\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<p><span style=\"font-size: 10pt;\"><em>Generated Image: DALLE-2<\/em><\/span><\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto traders are debating whether Donald Trump\u2019s social media passwords have been cracked, as the President-elect\u2019s accounts tout the launch of his \u201cofficial\u201d memecoin. The memecoin launch announcement hit Trump\u2019s social media platform Truth Social first, and was posted on X shortly thereafter. The new coin is built on the Solana network, and has already [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":34391,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12030],"tags":[12981,422,15047,11277,11209,22800,14738,1820,1929,7657,14895,1175],"dealstore":[],"offerexpiration":[],"class_list":["post-34390","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-altcoin","tag-cap","tag-hits","tag-instantly","tag-market","tag-meme","tag-memecoin","tag-news","tag-official","tag-solana","tag-solanabased","tag-trump"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>&#039;Official&#039; Solana-Based Trump Memecoin Instantly Hits $2,950,000,000 Market Cap - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=34390\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"&#039;Official&#039; Solana-Based Trump Memecoin Instantly Hits $2,950,000,000 Market Cap - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"Crypto traders are debating whether Donald Trump\u2019s social media passwords have been cracked, as the President-elect\u2019s accounts tout the launch of his \u201cofficial\u201d memecoin. The memecoin launch announcement hit Trump\u2019s social media platform Truth Social first, and was posted on X shortly thereafter. 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