$TRUMP Meme Coin, launched by US President-elect Donald Trump days before his inauguration as the 47th President of the United States, has quickly made an impressive debut in the cryptocurrency market. Within hours of its release, the coin surged over 300%, reaching a peak market capitalization (MCap) of $6.76 billion, as reported by CoinMarketCap. The rapid rise in value demonstrates the growing attention and interest in the coin. If you’re interested in acquiring Trump Meme Coins, here’s how to get started.
Buy a Trump Meme Coin
Use the Moonshot Marketplace
Trump recommends using Moonshot, a meme marketplace designed to be easy to use. Moonshot accepts payment methods like Apple Pay, Google Pay, debit/credit cards, Venmo and Solana/USDC. After registering with an email address, users can receive $ASSET in a few minutes.
Buy through brokers or exchanges
Like the others cryptocurrenciesTrump Memes can be purchased through brokers or exchanges. Start by creating and verifying an account on a platform that supports $TRUMP. Once verified, deposit funds to complete your purchase.
Verification requirements: KYC/AML compliance
Why verification is necessary
Moonshot uses services such as MoonPay for transactions, ensuring compliance with Know Your Customer (KYC), Anti-Money Laundering (AML), Counter Financing of Terrorism (CFT) and Anti-Terrorism measures. fraud. These checks are mandatory before finalizing purchases.
Receipt of your parts
Once the purchase order is authorized and verification is complete, the purchased Trump Memes are sent to the buyer’s designated cryptocurrency wallet.
Understanding Trump Memes
Blockchain network
Trump Meme coins are minted on the Solana blockchain.
What are Trump memes?
These are fungible crypto assets that function like other digital currencies, allowing for speculative transactions and trading.
Step-by-Step Guide to Acquiring Trump Memes
Create a wallet
Create a cryptocurrency wallet to safely store your Trump Meme Coins.
Acquire basic cryptocurrency
Buy core cryptocurrencies like Ethereum (ETH) or Binance Coin (BNB) from popular exchanges to trade for $TRUMP.
Transfer funds to your wallet
Move your base cryptocurrency from the exchange to your wallet for secure storage.
Connect to a decentralized exchange (DEX)
Use a DEX to trade your base cryptocurrency for Trump Memes.
Identify a suitable exchange
Not all exchanges list $TRUMP. Check decentralized exchanges or niche centralized exchanges specializing in meme coins.
Search for the Trump Meme piece
Use the coin’s official contract address from trusted sources to ensure you are purchasing the correct token.
Set slippage tolerance: adjust to account for price volatility.
Enter amount: Specify the base cryptocurrency to trade.
Confirm the transaction: Review the details before confirming.
Store your parts safely
After the transaction, make sure your wallet displays your Trump Meme Coins to keep them safe.
Whether you choose the Moonshot Marketplace or a decentralized exchange, acquiring Trump Memes involves understanding the basics of cryptocurrency and ensuring secure transactions. With the proper steps, enthusiasts can add $TRUMP to their digital wallets.
$TRUMP Market Cap Hits $6 Billion Hours After Release
Donald Trump ventured into the cryptocurrency market by launching a meme coin named $TRUMP. The coin’s debut sent shockwaves through the crypto community, with its market capitalization soaring to nearly $6 billion within hours of its release.
$TRUMP Meme Coin Announcement
Trump announced the cryptocurrency on his Truth Social and X platform, describing it as a tribute to his leadership and resilience. Meme coins, often associated with Internet trends and personalities, have no intrinsic value but are widely traded for speculative purposes.
“This Trump Meme celebrates a leader who doesn’t back down, no matter the odds,” reads the piece’s official website. It also references the July 2024 assassination attempt on Trump, furthering its thematic significance.
Skepticism and market reaction
The crypto community initially questioned the legitimacy of the coin and its official ties to Trump. Concerns about possible scams have circulated widely. However, the use of Trump’s verified social media accounts and the involvement of CIC Digital LLC, a company previously linked to Trump’s NFT projects, reassured investors.
By mid-morning Saturday, $TRUMP had reached a market capitalization of nearly $6 billion, reflecting strong demand despite initial doubts.
Show and future projects
According to the official website, $200 million TRUMP meme coins were issued during the initial launch. Fight Fight Fight LLC, the company managing the rollout, announced plans to release an additional 800 million coins over the next three years.
Financial details unclear
Neither Trump nor Fight Fight LLC revealed how much Trump made from the first batch of meme coins. Market analysts remain curious about the financial implications for Trump and the potential risks for investors in the volatile coin market.
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