SUMMARY OF THE HISTORICAL CRYPTO TOKEN MEME $TRUMP: 🇺🇸
- Around 9 AM Vietnam time (January 18, 2025). Trump announces the launch of a memecoin on Solana with Smart Contract 6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN on his 2 official X pages with a total supply of 1 billion tokens.
- Immediately, after just 50 minutes, the Marketcap reached 4 billion USD (FDV).
- Initially, many investors and traders were skeptical and believed that his X account had been hacked to shill the meme.
- However, an hour later, there was still no confirmation that the account was hacked, and the price of $Trump reached 9$ around 1 PM (FDV 10 billion USD).
- Typically, memecoins launch with a full total supply, so everyone mistakenly thought that the current Marketcap was too large and remained suspicious about whether his X account was hacked. But after checking on-chain, investors found that 80% of the token supply was held by the Dev, and this amount of tokens was locked for 3 months and gradually released over 36 months. This means the actual Marketcap was only around 2B at a price of $9-10.

- Many famous KOLs have messaged Elon Musk to inquire whether Trump's account was hacked, but Elon’s response was not very clear.
- And immediately, in just a few hours, specifically at 3 PM, the price reached 18$ with FDV nearing 20 billion USD. Officially surpassing major meme coins like $Pepe and entering the top 10 Marketcap (FDV).
Currently, $Trump ranks in the top 9-10 of the crypto market.
With the amount of tokens he and the team hold valued at 15 billion USD, it could theoretically triple his total assets 🤣 #TRUMPOnBinanceFutures