- TRUMP Meme Coin was launched days earlier than President Trump’s inauguration
- The collaboration between Jupiter Trade and the Meteora staff ensured seamless transactions and token validation.
- Regardless of skepticism, one early investor turned $1 million into $104 million because the coin soared over 9,600%.
TRUMP meme coin has made a dramatic entry into the crypto market, reaching one of the talked about launches in latest historical past. Powered by a collaboration between Jupiter Trade and the Meteora staff, the launch gained world consideration with its strong infrastructure and seamless execution.
The Meteora bench praised Jupiter Trade’s position in making certain a safe and environment friendly buying and selling course of in the course of the token’s debut.
Benchow additionally highlighted that Jupiter’s environment friendly token validation course of helped forestall the unfold of fraudulent tokens at launch. “That is what world class seems like,” Benchshaw tweeted.
Official TRUMP Meme Coin Launch
For context, TRUMP is US President-elect Donald Trump’s “official” meme coin, launched in Solana simply three days earlier than the inauguration. The coin shortly grew to become the speak of the monetary world, garnering plenty of consideration and inflicting its worth to skyrocket.
Jupiter Trade praised the dimensions of the launch and described their efforts as essential to the undertaking’s clean execution.
Additionally Learn: Jupiter (JUP) Worth Prediction 2024-2030: Will JUP Worth Attain $5 Quickly?
“We labored intently with the Meteora staff to make sure the S tier launch of TRUMP, which is undoubtedly one of many largest launches in crypto historical past,” the alternate wrote.
They identified that the collaboration between each groups enabled a flawless transaction and verification course of with a robust API that helps key apps like Moonshot, that are essential to the success of the undertaking.
Jupiter additionally shared some fascinating details about the expertise getting used. TRUMP’s launch leveraged the identical LFG stack and infrastructure that drove JUP’s success, together with a extremely efficient DLMM pool and ILM design.
Report-breaking crypto launch
The explosive debut of the TRUMP meme coin noticed its market cap rise to just about $10 billion inside hours.
However issues concerning the potential for hacking and social engineering have led to rising skepticism about its legitimacy.
Within the midst of this uncertainty, one early investor turned $1 million into $104 million because the coin’s value soared over 9,600%.
Though skeptics proceed to query the coin’s long-term viability, the collaboration between Jupiter Trade and Meteora is already setting a benchmark for future crypto launches.
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