Breaking news! Trump launches personal cryptocurrency, market value soars to $13 billion in 4 hours

Just this morning, Trump repeatedly posted tweets related to "launching official Meme coin TRUMP" on his personal account on the X platform, which had been previously released on Truth Social, instantly attracting high attention from the market.

According to GMGN market data, "Trump's genuine Meme coin" TRUMP was launched for only 1 hour, and the transaction volume reached 467 million US dollars, with a market value of 3.3 billion US dollars. 4 hours after launch, the market value quickly passed 13 billion US dollars, setting a new record in the history of encryption. No new coin in history has been able to have a value of up to 20 billion US dollars on the chain within 4 hours.

However, there are constant doubts about this matter on the Internet. Some people suspect that Trump's account has been stolen, and some users pointed out that to obtain the Meme coin, you need to visit the website with the domain name gettrumpmemes. This unofficial and conventional way increases the risk and is likely to be a scam. DN.COM also issued a reminder that users should be cautious.

When most of the cryptocurrency memes related to the election died down, Trump announced his entry into the crypto world with his official account and historic data, and the market responded with real money, as evidenced by the $20 billion trading volume.

This is undoubtedly a major boon for the cryptocurrency industry. The crypto meme with a total market value of $10 billion not only opens up the ceiling for the market, but also brings more imagination space for funds. At this moment, the actual use of this coin seems to no longer be important. The key is that the US president's personal participation in the release of cryptocurrency is far more significant to the crypto industry than imagined.