🚀 Trump Launches Memecoin on Solana

Epic Crypto Alert:

President-elect Donald Trump has officially launched the $TRUMP memecoin on the Solana blockchain, sparking a massive surge in value. Here’s the lowdown:

Official Trump ($TRUMP) Token:

• Tokenomics: Total supply capped at 1 billion tokens, with 200 million initially available. A hefty 80% is locked for three years by CIC Digital LLC, a Trump Organization affiliate.

• Market Impact: Within hours, $TRUMP's market cap skyrocketed past $5 billion, with over $11 billion in trading volume in just 24 hours.

• Ethical Concerns: Critics raise eyebrows at CIC Digital LLC's substantial holdings, pointing to possible conflicts of interest as Trump steps into office.

• Disclaimer: Per the official website, $TRUMP tokens are symbolic of support for Trump’s ideals and are not intended as investment vehicles.

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📈 Solana Soars

The launch of the $TRUMP memecoin on the Solana blockchain has sent Solana (SOL) surging in the market:

• Price Surge: SOL's price has jumped 18.8% in 24 hours, now trading at $262.16.

• Trading Volume Spike: SOL's 24-hour trading volume hit a staggering $8.33 billion, reflecting massive market activity.

• Market Cap Milestone: Solana’s market cap has climbed past $85 billion, overtaking Binance Coin (BNB) to become the 4th largest cryptocurrency globally.

While the long-term trajectory of $TRUMP remains uncertain, Solana has cemented its reputation as the go-to blockchain for memecoins and high-profile launches.

Epic Crypto News Team

DISCLAIMER: This newsletter is for educational purposes only. Nothing here is financial advice. Do your own research before making any investment decisions. Crypto markets are volatile and risky. Only invest what you can afford to lose.

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