In recent days, the crypto ecosystem has witnessed a remarkable, historic, memorable event on par with the character who produced it (President D. Trump): the launch of the $TRUMP meme cryptocurrency revolutionized all cryptonauts and the entire world over the weekend.
In this article we want to bring you detailed information on recent events related to $TRUMP, its performance in the market and the impact on the Solana blockchain, its ecosystem and surely on the entire world outside of crypto.
The first observation we dare to make (using our magic crystal ball bought on AliExpress for $8.70) is that this event has just started a new crypto narrative that we will see grow in 2025, it is about meme coins of personalities.
While many global personalities, famous around the world, had launched their crypto projects, memes, NFTs, Metaverses, Blockchain games and any utility that can be used on the blockchain, the launch of $TRUMP 48 hours before the positioning of the president of the United States (the most powerful person in the world) officially begins the era of globalization of crypto in all its aspects, the 14 years that we lived as a niche for a few will be left behind, and the mainstream era will begin.
On January 17, 2025, Donald Trump announced the official launch of his meme cryptocurrency, called $TRUMP, on the Solana blockchain (Solana, which had already been booming for several months thanks to the entire memecoin ecosystem that had formed there). The token experienced a rapid appreciation, reaching a maximum value of $75 per unit and a market capitalization that exceeded $10 billion, positioning itself as the third memecoin with the highest capitalization. However, it subsequently suffered a significant correction, stabilizing around $41 per token, with a market cap of approximately $8.1 billion.
Right now after President Trump’s speech, volatility is in the air in the crypto market, the traditional market did not open and $TRUMP is trading at $39,21.
The launch of $TRUMP and $MELANIA on the Solana blockchain generated a significant increase in network traffic. Solana’s infrastructure was subjected to a stress test due to the unexpected volume of transactions related to these tokens (there have been no problems on the blockchain so far, but if there were, it would not be the first time Solana has had this type of problem). Despite the additional load, the network maintained its performance, although this event has highlighted the need to improve the scalability and robustness of the infrastructure to handle similar spikes in activity in the future.
Let’s remember that Solana is ranked 5th (120B) by market capitalization in the crypto ranking, and suffering this kind of saturation in the launch of a token, shows how much there is still room for improvement in blockchain technology.
Another fact that we want to highlight for all traders and cryptonauts is the pump that the entire Solana ecosystem suffered. Tokens related to swaps or Exchanges had an increase of up to 40% in just hours, for example $JUP from the Jupiter project that is used for Derivatives, $ORCA known as swap in the Degen community to trade those CCC class tokens. No matter where you looked over the weekend, if it was part of Solana it had a considerable rise during those hours (at this moment several are correcting).
The enthusiasm generated by the $TRUMP and $MELANIA tokens coincided with a rally in the cryptocurrency market in general. Bitcoin reached an all-time high of $110,135, reflecting investor optimism about the possibility of favorable policies towards cryptocurrencies by the new administration.
The market is already starting to speculate on the launch of future memecoins by the Trump family, it is surely a good opportunity to put an alert on the social media profiles of Baron Trump and Tiffany Trump (readers thank us later with a coffee if you become millionaires with this notice).
The launch of the $TRUMP and $MELANIA cryptocurrencies has generated excitement and opportunities for quick profits. It is essential that experienced investors maintain a critical perspective and consider the risks associated with the volatility of cryptocurrency markets. If you have little experience in the crypto and investment world, be cautious and subscribe to our blog to learn more. If you are already experienced and have the technical resources to defend yourself in these volatile times, remember to decentralize your movements and stay firm in the crypto ideology.
As a final reflection, we would like to emphasize that this episode underscores the importance of blockchain infrastructures being prepared to handle sudden increases in activity, thus ensuring their stability and efficiency. We often think that we are already late to the crypto world, but these events only remind us that a new era has just begun, of which we are already a part.