“My NEW Official Trump Meme is HERE!” declared Donald Trump in a post on X, confirming the launch of his memecoin. He added: “It is time to celebrate everything we stand for: WINNING! Join my very special community. GET YOUR TRUMP NOW.”

Following this announcement, Google Trends recorded a record surge in searches for “buy crypto” and “buy Solana,” which reached the highest score of 100. Additionally, interest in “Coinbase” and “crypto app” also increased significantly.

Data from CoinMarketCap shows that the TRUMP memecoin has already reached a fully diluted valuation of $12.4 billion, with its price at approximately $62.3 per token. Currently, 200 million tokens are in circulation out of the total supply of 1 billion.

The launch also positively impacted Solana, with its SOL token reaching a new high of $270. Crypto analysts attribute this surge to the hype surrounding TRUMP, calling the memecoin a significant event for the cryptocurrency ecosystem.

“Memecoins open new opportunities for political transparency through blockchain,” stated Arthur Hayes, co-founder of BitMEX. He predicts that by Trump’s inauguration, TRUMP’s value could reach $100 billion.

TRUMP has already captured the attention of not only traders but also new users, emphasizing its impact on the crypto market.