#note $TRUMP : Crypto-gold or a ticket to nowhere?
I couldn't pass by the buzzworthy coin
$TRUMP – one of the most discussed meme-coins of this year.
🏁 How did it all start?
The meme-coin
$TRUMP was launched on January 17, 2025, on the Solana blockchain platform. Initially, 200 million tokens were issued out of a total volume of 1 billion. In the first days after launch, the coin's value rose from $7 to $75, reaching a market capitalization of $15 billion.
💵 Who profited from
$TRUMP ?
Some investors managed to enter in the early stages and made a colossal profit; for example, one trader bought in for $1.1 million just two minutes after the launch announcement. This decision earned him a multimillion-dollar profit within a few days.
💸 Who lost?
Not everyone managed to come out winners. Many who bought
$TRUMP were hoping for continued growth, but the sharp price drop left them with losses instead of profits. The classic story of meme-coins – they soar quickly but fall even faster.
🔎 What's happening with the coin now?
As of today,
$TRUMP is around $17. I believe that over the year, its price will only decline, considering the lack of fundamental value and the high volatility inherent in meme-coins.
#TrumpCoin