DEX token prices on the Solana blockchain experienced a surge following the launch of the "official" Trump meme coin. Tokens like Raydium, Jupiter, and Orca saw significant gains in price and market capitalization. The Trump meme coin itself reached a market cap of $3.6 billion and saw large purchases from investors. The popularity of the coin led to increased daily volume on the DEX networks. However, it remains uncertain if the token's success will continue after Trump's inauguration. The overall Solana ecosystem, including Jupiter, Raydium, and Orca, has been performing well, with meme coins valued at over $22 billion and a 24-hour trading volume of $11 billion.
Content Editor ( crypto.news )
- 2025-01-18
New Trump meme coin wave lifts Solana DEX tokens Raydium, Jupiter and Orca
