SP: President Trump Launches a Coin, Rednecks Rejoice—What Exactly Is "Trump Coin"?
Just two days before Trump's inauguration as president, on January 18, 2025, Trump launched a meme coin named $TRUMP on his Trust platform. Seven hours later, the market capitalization of $TRUMP surpassed $20 billion, reaching as high as $70 billion within a single day. One netizen joked, "Trump's family has been striving for three generations since his grandfather immigrated from Germany more than 100 years ago. By the time of Trump today, the family's wealth had finally accumulated to $4 billion. Who would have thought that launching a 'shitcoin' today would result in a market cap of $30 billion? More than 100 years of struggle were worth less than seven hours."
Original Chinese title & description
SP 大统领发币，红脖齐狂欢，那“川币”究竟是个啥？
就在川普就职总统的前两日，2025年1月18号，川普在自己的Trust平台推出名为$TRUMP的迷因币（meme coin）。七小时后$TRUMP市值突破200亿美元，一天以内一度达到700亿美元。有网友笑称“川普自他祖父100多年前，从德国移民算起，打拼了三代人，到川普今天，家族财富终于积累到40亿，没想到今天发一个土狗，市值就到了300亿美元，100多年的奋斗，不如7个小时”。
Participation credit “本期参与者”：沙青青（微信公众号：13号埋立地、小红书：Sha-13号埋立地）。
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