Summary
- It has been announced that President-elect Donald Trump's meme coin 'TRUMP' has surpassed a market cap of $9 billion, overtaking existing famous meme coins.
- TRUMP is suspected to be related to CIC Digital, and some communities have raised the possibility of hacking.
- The official website states that a portion of the transaction profits goes to CIC Digital, continuing the controversy over the authenticity of TRUMP.
The meme coin 'TRUMP', which is presumed to have been launched by U.S. President-elect Donald Trump, has surpassed the market capitalization of the famous meme coin Pepe (PEPE).
According to the virtual asset data platform Dex Screener on the 17th (local time), TRUMP's market cap has exceeded $9 billion, surpassing existing famous meme coins such as Pepe and Bonk (BONK).
The meme coin TRUMP is suspected to be associated with CIC Digital LLC, which launched the Trump NFT. Some virtual asset communities have raised the possibility that TRUMP might be a manipulated scam through hacking.
However, as it was confirmed that the official TRUMP website states that a portion of the profits from meme coin transactions goes to CIC Digital, the opinion that TRUMP is indeed a meme coin issued by President-elect Donald Trump is gaining traction.
Doohyun Hwang
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