Sat Jan 18 18:02:21 UTC 2025: ## Trump’s Meme Coin Soars: $TRUMP Hits Billions in Hours

**NEW YORK, USA** – A newly launched meme coin, $TRUMP, inspired by Donald Trump and his “Fight, Fight, Fight” slogan, has exploded in value, reaching a market cap of over $8 billion within hours of its release. The coin, launched just days before a purported second term as President, saw a staggering price increase of over 4,000%, rising from $0.18 to over $7. Trading volume approached $1 billion in the initial hours.

The coin’s introduction, via Trump’s X (formerly Twitter) and Truth Social accounts, sparked a frenzy of activity, with the former President urging followers to acquire tokens before a 48-hour claiming window closed. The official website, gettrumpmemes.com, promotes the coin as a celebration of Trump’s strength and leadership, referencing a past assassination attempt.

Developed on the Solana blockchain, the initial supply of 200 million $TRUMP tokens is set to expand to 1 billion over the next three years. While the coin’s official status remains somewhat unclear, its rapid growth has made it a dominant topic on social media, generating both excitement and skepticism. The surge has also sparked debate and fueled concerns about market volatility and potential scams. The price continues to fluctuate, with current value subject to change.

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