{"id":147040,"date":"2025-01-18T08:49:00","date_gmt":"2025-01-18T06:49:00","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=147040"},"modified":"2025-01-18T08:49:00","modified_gmt":"2025-01-18T06:49:00","slug":"memecoin-linked-to-trump-skyrockets-in-value-and-shocks-the-crypto-market","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/memecoin-linked-to-trump-skyrockets-in-value-and-shocks-the-crypto-market\/","title":{"rendered":"Memecoin Linked to Trump Skyrockets in Value and Shocks the Crypto Market"},"content":{"rendered":"<p>Within a few hours of its debut, the token\u2019s market cap skyrocketed to $2.7 billion, sparking both excitement and skepticism about the project\u2019s legitimacy.<\/p>\n<p>Trading activity surged immediately after the announcement, with $TRUMP\u2019s value climbing hunders of percent in the first couple of minutes and daily volumes nearing $2.6 billion, as per CoinGecko data. At the time of reporting, the token was valued at around $13.11.<\/p>\n<p>The initial <strong><a href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/113846888132979151\" rel=\"nofollow\">announcement<\/a> <\/strong>appeared on Trump\u2019s Truth Social account, directing users to a website called GetTrumpMemes for acquiring the tokens. A similar <strong><a href=\"https:\/\/x.com\/realDonaldTrump\/status\/1880446012168249386\" rel=\"nofollow\">post<\/a> <\/strong>was later shared on X (formerly Twitter), promoting the coin as the official $TRUMP token.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-146887\" href=\"\" title=\"\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\"><\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>However, questions about the authenticity of the project quickly arose, fueled by recent hacks targeting prominent social media accounts.<\/p>\n<p>Ran Neuner, renowned crypto expert, stated that t his memecoin is legit and that it is a really bullish announcement<\/p>\n<p>Adding to the confusion, Trump\u2019s Truth Social account later posted an unrelated update announcing Peggy Schwinn as the new U.S. Deputy Secretary of Education, leaving users speculating about the account\u2019s security and the coin\u2019s legitimacy.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President-elect Donald Trump made waves with the sudden launch of Official Trump ($TRUMP), a meme coin built on the Solana blockchain.<\/p>\n","protected":false},"author":3,"featured_media":22498,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[24],"tags":[424,122],"coin_category":[],"class_list":["post-147040","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-crypto","tag-trump"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast 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blockchain.\" \/>\n<meta property=\"og:site_name\" content=\"CryptoDnes EN\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-18T06:49:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/trump-sp-500-bitcoin.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1484\" \/>\n\t<meta property=\"og:image:height\" content=\"989\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Alexander Stefanov\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/x.com\/UoyhIpJ0QUV6uYL\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Alexander Stefanov\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" 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