Summary
- An official from Solana-based Jupiter confirmed the authenticity of the TRUMP meme coin.
- Following Trump's announcement, the TRUMP meme coin reportedly surged over 3300%.
- The coin's market capitalization surpassed $6 billion within an hour of its launch.
An official from the Solana (SOL)-based decentralized exchange (DEX) Jupiter (JUP) stated that the meme coin 'TRUMP', announced by U.S. President-elect Donald Trump on social media, is not a scam but real.
On the 17th (local time), Trump announced on social media platforms Truth Social and X, "I introduce my official meme coin 'TRUMP'. It can be purchased through the website."
However, due to the sudden nature of the announcement without any explanation, there are concerns about the possibility of account hacking.
In response, a Jupiter official said on X, "I don't usually like to talk about coins. But for the safety of investors, I must say, the meme coin announced by Trump today is real. We listed TRUMP through a rigorous process."
Meanwhile, the official meme coin 'TRUMP' announced by Trump is experiencing a tremendous surge of over 3300% upon its release. Currently, Trump's market capitalization surpassed $6 billion within just one hour of its launch.
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀![[Exclusive] FSS to examine ZKsync coin that surged '1,000%' in three hours](https://media.bloomingbit.io/PROD/news/1da9856b-df8a-4ffc-83b8-587621c4af9f.webp?w=250)
