A cryptocurrency allegedly tied to Donald Trump, called Official Trump ($TRUMP), skyrocketed to an $8 billion market cap within hours of launching on Solana.
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Promoted on Trump’s Truth Social and X accounts, the token’s rapid rise and blockchain similarities to Trump’s earlier NFT project have raised concerns about authenticity, with speculation of a potential hack adding to the mystery.
While verified on Jupiter Exchange, the coin’s legitimacy remains unclear, prompting caution from experts as the intersection of politics and cryptocurrency draws heightened scrutiny.
