In just 24 hours, the TRUMP token, associated with President Donald Trump, saw a significant increase in value, jumping from $0.18 to $33. This surge was aided by Trump inviting followers to claim the tokens before the claiming window closed. Although the price has cooled off slightly to $27.27, it still represents a more than 320% increase. The token has also risen in rank, now sitting at 28th place on CoinMarketCap. TRUMP has garnered substantial trading volume and its market cap is approaching $6 billion, with additional listings on various exchanges. ChangeNOW is one of the first exchanges to list TRUMP and offers users the ability to buy and trade the token easily. Despite the popularity of TRUMP, it is important to consider its ownership and structure, with a large portion of tokens owned by Trump Organization and a newly founded company. The launch of TRUMP adds to the trend of meme coins gaining attention and popularity. This rise in TRUMP is also driving the Solana blockchain, while other meme coins like Dogecoin have experienced declines. The launch of the TRUMP token aligns with Trump's pro-crypto stance and may signal a continued focus on cryptocurrency in the future.



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