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    Vignesh is a young journalist with a decade of experience. A proud alumnus of IIJNM, Bengaluru, he spent six years as a Sub-Editor for a leading business magazine, published from Kerala. His interest in futuristic technologies took him to a US-based software company specialising in Web3, Blockchain and AI. This stint inspired him to view the future of journalism through the lens of next generation technologies. Now, he covers the crypto scene for Coinpedia, uncovering a vibrant new world where technology and journalism converge.

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    Crypto Boom! Trumpโ€™s $TRUMP Token Sparks 648% Gain in Solana Price

    • currency-symbol TRUMP $ 10.39 (0.97%) top gainer
    Story Highlights
    • The launch of the Official Trump token ($TRUMP) on January 18, 2025, saw a massive 648.95% price surge.

    • The $TRUMP tokenโ€™s release boosted interest in Solana, which saw a 19.10% single-day price spike.

    • The rise of $TRUMP and Solana highlights how blockchain and politics are intersecting, with Trumpโ€™s pro-crypto stance driving market excitement.

    As Donald Trump , a prominent advocate for cryptocurrency, prepares to take office as the 47th President of the United States, the buzz around digital currencies is reaching new heights. In fact, searches for โ€œBuy Cryptoโ€ and โ€œBuy Solanaโ€ have surged on Google, hinting at something bigger in the works.

    The connection between Trumpโ€™s inauguration and this surge isnโ€™t directly tied to the event itself but to the launch of the Official Trump token ($TRUMP) on January 18, 2025, built on the Solana blockchain. Hereโ€™s what you need to know about this exciting development.

    $TRUMP Token’s Explosive Debut 

    The Official Trump token debuted on January 18, 2025, starting at around $4.29. By the end of the day, it had shot up to $32.13, a massive 648.95% increase. On January 19, the token reached an all-time high (ATH) of $73.43 before settling at $51.89โ€”still about 41.51% below its peak. Since launch, the token has surged by 1,109.56%, showing its huge growth potential.

    In the last hour alone, the Official Trump token has grown by nearly 11.4%, highlighting its rapid momentum and continued excitement in the market.

    Why Trumpโ€™s Meme Coin Is Gaining Attention

    The timing of the $TRUMP token launch, coinciding with Trumpโ€™s second presidential inauguration, has fueled significant interest.

    The number of searches for โ€œBuy Cryptoโ€ and, especially, โ€œBuy Solanaโ€™ on the Google Search platform During his campaign, Trump promised policies to create a more crypto-friendly environment, which has helped drive excitement around the meme coin. Experts believe the timing has boosted its visibility, making it a standout in the market.

    Solana Market Performance: An Overview 

    The launch of the $TRUMP token has also had a notable impact on the Solana market. On January 18, Solanaโ€™s price surged by 19.10%, marking its largest single-day growth in recent history. By January 19, the price reached a monthly high of $295.34. Over the last seven days, Solana has grown by 33.1%, and in the past hour, it has risen by 2.8%.

    In conclusion, the $TRUMP tokenโ€™s explosive growth and its well-timed launch have brought major attention to Solana. The rise in search interest and Solanaโ€™s market performance highlight the intersection of blockchain and politics.

    Never Miss a Beat in the Crypto World!

    Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

    With the pro-crypto Trump administration on the horizon, itโ€™s clear that crypto is becoming more and more important as the days pass.

    FAQs

    What is the TRUMP meme coin ?

    The TRUMP meme coin is a Solana-based token launched by Donald Trump, leveraging blockchain tech for massive growth and visibility.

    How to buy the TRUMP meme ?

    To buy the TRUMP meme coin, create a Solana wallet, fund it with SOL, connect to a Solana DEX, and trade for $TRUMP using SOL.

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