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Explosive market reaction from Solana

The TRUMP token got off to a spectacular start:

  • Within a few hours, it reached a market capitalization of $21.1 billion
  • The price rose from 0.18 dollars to over 21 dollars
  • The trading volume approached the 1 billion dollar mark


Tokenomics and distribution

The TRUMP token has the following characteristics:

  • Total supply: 1 billion tokens
  • Available at launch: 200 million tokens
  • 80% of the tokens are reserved for "Creator and CIC Digital Groups"
  • The remaining tokens will be distributed over three years


Impact on $SOL (-0,28 %)

The launch has positive effects for the Solana blockchain

  • SOL price increased by up to 20% within 24 hours
  • Solana came more into focus as a platform for memecoins
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6 Commentaires

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And I'm still holding Ethereum... I think my biggest mistake of this bull run was not shifting more ETH.
I still have SOL
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@ddoc Unfortunately, Eth has done a lot wrong in the bear market, and user numbers have also fallen. Unfortunately, it doesn't look so positive... 😬
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@Therealstrattonoakmont is still to come...
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@Ph1l1pp will definitely rise but don't think eth will outperform the market
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@ddoc Solana is the faster, cheaper and more powerful smart contact blockchain. As more activity takes place on Solana, Solana will approach the market capitalization of Ethereum and eventually overtake it. (Unless there is a better blockchain by then)
I am still bullish 🚀
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How long will it take for @Kundenservice to introduce the ticker?
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