We knew things were about to get a little nutty in the crypto world with Donald Trump’s inauguration on the other side of the weekend, but nothing could’ve prepared us for Friday night’s surprise.
There was plenty of reason to be skeptical at first, especially given last year’s surge in celebrity social media hacks for pump-and-dump schemes, not to mention some initial apparent red flags. But as time passed and Trump’s social posts remained online, it became clear that the Solana token TRUMP is really tied to the President-elect.
Even wilder has been the token’s performance so far, blasting to a current market cap of about $4.5 billion at a price of over $23. That makes it a top 40 coin on day one, with trading volume nearly doubling that of Dogecoin over the last day. And Solana itself is reaping the benefits, too, with a sizable price spike Saturday.
Ready for what next week might bring? Stay tuned.
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🎮️ GG: Hoops Game 'Rumble Kong League' Ditches Avalanche for Ethereum and Ronin
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📚 Watch and Learn
📹️ WATCH: Truth Terminal & the AI Meme Coin Revolution
Creators of artificial intelligence agents Truth Terminal, Fi (also known as AI with daddy issues), and MycelialOracle (aka S.A.N.) chat to Decrypt about getting wrapped up in the world of meme coins. Plus, the trio have an exciting announcement.
🎓️ LEARN: How to Prepare for Abstract: The Consumer-Focused Ethereum Blockchain
Consumer-focused Ethereum layer-2 network Abstract is launching soon. Here’s how to get started on day one.
