- Donald Trump’s NFT collection surged 400%, with floor prices hitting $1,000 on January 20.
- The TRUMP memecoin debuted on January 18, quickly reaching a $6.9 billion market cap.
- TRUMP memecoin reached a $5 billion market cap, generating nearly $13 billion in trading volume.
The launch of the TRUMP memecoin on January 18 took the crypto community by surprise, just days before President-elect Donald Trump’s inauguration. While the memecoin garnered headlines, the Donald Trump NFTs collection also saw a 400% surge on Saturday. The unexpected move left stakeholders wondering about the regulatory shift and the lack of prior communication within Trump’s circle. The token debuted hours before the inaugural crypto ball, hosted by Trump’s White House Czar, David Sacks.
