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CoinGape

Trump launches meme coin on Solana, reports market cap of $8 billion in 3 hours

CoinGape
Summary
Nutrition label

51% Informative

Donald Trump , the US President-elect, has launched a Solana meme coin , TRUMP , a meme coin on Solana .

The launch was announced by Donald Trump on X, with others quickly joining the thread to share their speculation and support.

Trump has already achieved a market cap of $8 billion in less than 3 hours of its official launch.

Trump transactions have started flowing in with millions being spent and earned by interested investors.

VR Score

25

Informative language

10

Neutral language

64

Article tone

formal

Language

English

Language complexity

31

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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