{"id":20435,"date":"2025-01-18T13:14:40","date_gmt":"2025-01-18T11:14:40","guid":{"rendered":"https:\/\/forklog.com\/en\/trumps-x-post-sends-fdv-of-the-official-trump-memecoin-to-19bn\/"},"modified":"2025-01-18T13:14:40","modified_gmt":"2025-01-18T11:14:40","slug":"trumps-x-post-sends-fdv-of-the-official-trump-memecoin-to-19bn","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/trumps-x-post-sends-fdv-of-the-official-trump-memecoin-to-19bn\/","title":{"rendered":"Trump\u2019s X post sends FDV of the \u201cofficial\u201d TRUMP memecoin to $19bn"},"content":{"rendered":"<p>Days before his inauguration, Donald Trump announced on X and Truth Social the launch of an \u201cofficial\u201d TRUMP memecoin. The token surged, displacing the likes of Pepe and Bonk in the rankings.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">My NEW Official Trump Meme is HERE! It\u2019s time to celebrate everything we stand for: WINNING! Join my very special Trump Community. GET YOUR <a href=\"https:\/\/twitter.com\/search?q=%24TRUMP&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$TRUMP<\/a> NOW. Go to <a href=\"https:\/\/t.co\/GX3ZxT5xyq\">https:\/\/t.co\/GX3ZxT5xyq<\/a> \u2014 Have Fun! <a href=\"https:\/\/t.co\/flIKYyfBrC\">pic.twitter.com\/flIKYyfBrC<\/a><\/p>\n<p>\u2014 Donald J. Trump (@realDonaldTrump) <a href=\"https:\/\/twitter.com\/realDonaldTrump\/status\/1880446012168249386?ref_src=twsrc%5Etfw\">January 18, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p>\n<cite>&#8220;My NEW Official Trump Meme is HERE! It\u2019s time to celebrate everything we stand for: WINNING! Join my very special Trump Community. Get your $TRUMP NOW,&#8221; wrote the US president-elect.<\/cite><\/p><\/blockquote>\n<p>At the time of writing, the newly launched memecoin trades around $19, with trading volume at $1.71bn.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"464\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/dexscreener.com_TRUMP_USDC_2025-01-18_12-03-09-1024x464.png\" alt=\"dexscreener.com_TRUMP_USDC_2025-01-18_12-03-09\" class=\"wp-image-249786\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/dexscreener.com_TRUMP_USDC_2025-01-18_12-03-09-1024x464.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/dexscreener.com_TRUMP_USDC_2025-01-18_12-03-09-300x136.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/dexscreener.com_TRUMP_USDC_2025-01-18_12-03-09-768x348.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/dexscreener.com_TRUMP_USDC_2025-01-18_12-03-09.png 1194w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: <a href=\"https:\/\/dexscreener.com\/solana\/a8nphpcjqtqhdquk35uj9hy2ysgxfkczgunwvkd3k7vc\">DEX Screener<\/a>.<\/figcaption><\/figure>\n<div class=\"wp-block-text-wrappers-update-2 article_update\"><time class=\"gtb_text-wrappers_update_time\">18 \u044f\u043d\u0432\u0430\u0440\u044f 2025 | 12:22<\/time><span class=\"gtb_text-wrappers_update_head\">Update: <\/span><\/p>\n<p>The token\u2019s surge continues. <\/p>\n<p><script async src=\"https:\/\/telegram.org\/js\/telegram-widget.js?22\" data-telegram-post=\"forklog\/42007\" data-width=\"100%\"><\/script><\/p>\n<div class=\"wp-block-text-wrappers-update-2 article_update\"><time class=\"gtb_text-wrappers_update_time\">18 \u044f\u043d\u0432\u0430\u0440\u044f 2025 | 17:25<\/time><span class=\"gtb_text-wrappers_update_head\">Update: <\/span><\/p>\n<p>The rally shows no sign of stopping \u2014 the \u201cTrump token\u201d has passed $29, and FDV has exceeded $29bn. Meanwhile, the vast majority of memecoins have fallen in price. <\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"480\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/memes-1024x480.png\" alt=\"memes\" class=\"wp-image-249802\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/memes-1024x480.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/memes-300x141.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/memes-768x360.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/memes.png 1276w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Memecoin segment. Data: <a href=\"https:\/\/www.coingecko.com\/en\/categories\/meme-token\" title=\"CoinGecko\">CoinGecko<\/a>. <\/figcaption><\/figure>\n<\/div>\n<\/div>\n<p>The asset\u2019s FDV stands at $19bn, while its market capitalisation is just $3.8bn. This means 80% of the token supply remains to be unlocked.<\/p>\n<h2 class=\"wp-block-heading\">Coveted multiples<\/h2>\n<p>Many traders have booked multiples on TRUMP. One trader made $29.8m in under two hours, spending $1.09m in USDC to buy 5,971,750 TRUMP.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">?JUST IN: A trader is up $29.8M on <a href=\"https:\/\/twitter.com\/search?q=%24TRUMP&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$TRUMP<\/a>, Donald Trump\u2019s official memecoin on Solana. He spent $1.09M to buy 5,971,750 TRUMP coins, now worth $30.8M in under 2 hours\u2014a 2,634% gain. The trader has not sold any coins yet. <a href=\"https:\/\/t.co\/HS56HoA85X\">pic.twitter.com\/HS56HoA85X<\/a><\/p>\n<p>\u2014 SolanaFloor (@SolanaFloor) <a href=\"https:\/\/twitter.com\/SolanaFloor\/status\/1880464544323224026?ref_src=twsrc%5Etfw\">January 18, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Another trader turned $1.1m into $70m in just four hours.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Turned $1.1M into $70M in just 4 hours\u2014incredible!<\/p>\n<p>This trader has sold 1.35M <a href=\"https:\/\/twitter.com\/search?q=%24TRUMP&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$TRUMP<\/a> for $3.65M, and still holds 4.62M <a href=\"https:\/\/twitter.com\/search?q=%24TRUMP&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$TRUMP<\/a>($67.5M), bringing his total profit to over $70M!<a href=\"https:\/\/t.co\/m1k6zmKgLA\">https:\/\/t.co\/m1k6zmKgLA<\/a> <a href=\"https:\/\/t.co\/U3IeU23PER\">pic.twitter.com\/U3IeU23PER<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1880503049606848521?ref_src=twsrc%5Etfw\">January 18, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>He has already sold 1.35m TRUMP for $3.65m; unrealised gains on the remaining coins exceed $70m.<\/p>\n<p>Major crypto exchanges have opened spot trading in the new token. Bybit has enabled TRUMPUSDT perpetual contracts. A similar step was taken by <a href=\"https:\/\/www.binance.com\/en\/support\/announcement\/binance-futures-will-launch-usd%E2%93%A2-margined-trumpusdt-perpetual-contract-with-up-to-25x-leverage-82ac4437417c4876895c7262a4245bf0\" title=\"\u043f\u0440\u0435\u0434\u043f\u0440\u0438\u043d\u044f\u043b\u0430 Binance\">Binance<\/a>. <\/p>\n<p><script async src=\"https:\/\/telegram.org\/js\/telegram-widget.js?22\" data-telegram-post=\"forklog\/42006\" data-width=\"100%\"><\/script><\/p>\n<p>According to Bloomberg, Trump <a href=\"https:\/\/forklog.com\/en\/news\/trump-to-designate-cryptocurrency-a-national-priority-reports-say\">intends<\/a> to make cryptocurrency a national priority.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Days before his inauguration, Donald Trump announced on X and Truth Social the launch of an \u201cofficial\u201d TRUMP memecoin. The token surged, displacing the likes of Pepe and Bonk in the rankings.<\/p>\n","protected":false},"author":1,"featured_media":20434,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[991,1161],"class_list":["post-20435","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-donald-trump","tag-memes"],"aioseo_notices":[],"amp_enabled":true,"views":"55","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/20435","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=20435"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/20435\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/20434"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=20435"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=20435"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=20435"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}