Sun Jan 19 08:40:00 UTC 2025: ## Trump Meme Coin Soars Over 1200% on Launch, Reaching $6.7 Billion Market Cap
**NEW YORK, NY** – A newly launched cryptocurrency, the $TRUMP Meme Coin, associated with former President Donald Trump, has experienced a meteoric rise, surging over 1200% in its first hours of trading. The coin, reportedly launched days before Trump’s assumed presidency (note: this is likely a reference to a past event and not a current one, as Trump is not currently president), reached a peak market capitalization of $6.7 billion before settling.
The coin’s rapid increase reflects significant investor interest. While initially promoted through a website (https://gettrumpmemes.com/) accepting debit card purchases, Trump himself later recommended the Moonshot app for acquisition. Moonshot offers a broader range of payment options, including Apple Pay, Google Pay, debit/credit cards, Venmo, and Solana/USDC. The coin is reportedly available to users within minutes of registration.
Currently, 200 million $TRUMP tokens are in circulation, with plans to increase the supply by an additional 800 million over the next three years. Based on the current market price, the yet-to-be-released tokens represent a potential value of $24 billion. The long-term viability and stability of the $TRUMP Meme Coin remain to be seen. Investors are cautioned to proceed with due diligence given the volatility inherent in the cryptocurrency market.
First Piper 