United States President-elect Donald Trump has launched his own cryptocurrency ahead of his inauguration on January 20.
The Trump coin, a Solana-based meme coin, was announced by Mr Trump on Friday in a post on his social media platform.
“My new official Trump Meme is Here! It’s time to celebrate everything we stand for: Winning! Join my very special Trump community. Get your $Trump now. Go to gettrumpmemes.com,” Mr Trump wrote, posting his iconic photo charging his supporter to “fight” after he escaped assassination during a campaign in Pennsylvania, Butler.
$Trump has blown up since the announcement, hitting $8 billion market cap in less than three hours of its launch.
A brief explanation of $Trump on its official website reads, “On July 13, 2024, President Trump faced death and came up fighting! With his fist in the air and the iconic battle cry FIGHT FIGHT FIGHT, President Trump showed the world what a LEADER is made of.
“Now, you can get your piece of history. This Trump Meme celebrates a leader who doesn’t back down, no matter the odds. Join the Trump Community – we’re all about fighting for what matters.”
During his campaign, Mr Trump vowed to make America a leading cryptocurrency hub in the world.
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