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It took TRUMP token 15 hours to break into the top XNUMX cryptocurrencies

It took TRUMP token 15 hours to break into the top XNUMX cryptocurrencies

HappyCoinNewsHappyCoinNews2025/01/20 05:55
By:HappyCoinNews

In just one day, the number of transactions with Donald Trump's TRUMP memcoin on the decentralized crypto exchange (DEX) trading platform OK reached 3,23 million. For comparison, the coin's closest competitor, the ELON memcoin, has a daily transaction volume of only slightly more than 660 thousand.

TRUMP also managed to set a trading volume record. In just one day, DEX users OK carried out operations with the coin for $9,52 billion. Previously, no cryptocurrency managed to demonstrate such a result. TRUMP indicators indicate a record high demand for the memecoin.

TRUMP Trading Statistics on OKX DEX

Over the course of a day, TRUMP has risen in price by almost 200%, reaching $50 per coin with a capitalization of over $50,3 billion. Active growth allowed the cryptocurrency to break into the top 15 digital assets by market capitalization.

Only on DEX OK The number of Trump token holders exceeded 681 thousand, and the number of unique traders exceeded 565 thousand. This happened because the decentralized crypto exchange OK became one of the first trading platforms to list TRUMP.

Let us remind you that the TRUMP memecoin is Solana - token PolitiFi category ("political" tokens). The cryptocurrency emission is limited. A total of 1 billion tokens will be issued, of which 200 million will be immediately brought to the market. The developers plan to unlock the remaining coins within three years.

The majority of tokens (80%) are controlled by Trump-affiliated companies CIC Digital LLC and Fight Fight Fight LLC. This distribution of coins has become a reason for discussion in the crypto community about the risks of cryptocurrency price manipulation.

EN @happycoinnews
EN @happycoinnews_en
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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