Trump launches cryptocurrency $TRUMP: growing like yeast.

Trump introduces his own cryptocurrency $TRUMP

Newly elected US President Donald Trump has entered the cryptocurrency market by introducing his own meme coin called $TRUMP.

Trump announced this on the social network X.

'My new official meme Trump is here! It's Time to celebrate everything we fight for: Victory! Join my special Trump community. Get your $TRUMP now',

According to data from the Coinmarket platform, the price of one token currently stands at approximately 25 US dollars. Within the first hour of its launch, the market capitalization of $TRUMP reached 3 billion dollars, and later exceeded the 4 billion mark.

At launch, 200 million $TRUMP coins were available, but the developers plan to gradually increase the total supply to 1 billion coins over the next three years.

Previously, Bitcoin set a new record following Trump’s unexpected decision.