The official Donald Trump meme coin, $TRUMP, launched with an explosive impact, capturing the attention of investors and the crypto community globally. Its meteoric rise saw a 12,000% increase in value overnight, achieving a fully diluted valuation of $30 billion and immediate recognition as the biggest meme coin in history.
Surpassing skepticism, $TRUMP gained traction with $2.2 billion in trading volume within 12 hours, while early investors saw phenomenal returns on their investments. With only 20% of its total billion-token supply in circulation, discussions about its future price hinge on the supply mechanics and market demand.
Amid the coin's incredible trajectory, questions arise about whether demand will sustain as the remaining supply trickles into circulation over the next 36 months, initiating debates on price durability and oversaturation risks. As the debate continues, $TRUMP remains a captivating enigma in the crypto world.
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