fromcrypto β US President-elect Donald Trump introduced the launch of his $TRUMP meme coin late Friday in a Fact Social publish, which has rapidly soared to a number of billion {dollars} in market capitalization.
βMy NEW Official Trump Meme is HERE! It's time to rejoice all the pieces we stand for: THE WINNER!β Trump wrote in a publish on his social media platform Fact Social.
The transfer comes forward of Trump's inauguration on Monday, which is broadly anticipated to usher in a brand new period of digital asset adoption.
Trump, who he beforehand referred to as a βfraud,β promised that America could be the βcrypto capital of the planetβ as soon as he returned to workplace.
was buying and selling simply above $71 at 07:40 ET (12:40 GMT) and had a market cap of $14.2 billion, in accordance with CoinMarketCap.
Main crypto exchanges together with Coinbase (NASDAQ: ) and Binance have stated they plan to record the memecoin token.
About 200 million digital tokens have been issued and one other 800 million will likely be launched within the subsequent three years, the coin's web site stated.
