{"id":134724,"date":"2025-01-18T23:04:01","date_gmt":"2025-01-18T23:04:01","guid":{"rendered":"https:\/\/www.africa-press.net\/kenya\/all-news\/trumps-memecoin-hits-8b-market-value-in-2-hours"},"modified":"2025-01-22T21:50:56","modified_gmt":"2025-01-22T21:50:56","slug":"trumps-memecoin-hits-8b-market-value-in-2-hours","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/kenya\/all-news\/trumps-memecoin-hits-8b-market-value-in-2-hours","title":{"rendered":"Trump\u2019s memecoin hits $8B market value in 2 hours"},"content":{"rendered":"

Africa-Press – Kenya. <\/strong><\/span>Donald Trump\u2019s newly launched cryptocurrency, $TRUMP, achieved a market valuation of over $8 billion within two hours of its debut, according to press reports early Saturday.<\/p>\n

The president-elect announced the memecoin on X, urging supporters to join the “Trump Community.”<\/p>\n

\u201cMy NEW Official Trump Meme is HERE! It\u2019s time to celebrate everything we stand for: WINNING!\u201d Trump stated in his post, directing followers to the coin\u2019s official website.<\/p>\n

The rapid surge in valuation highlights the growing influence of memecoins in the cryptocurrency market, with $TRUMP quickly emerging as a notable contender.<\/p>\n

Financial analysts have urged caution, noting that memecoins are highly volatile and prone to sudden value shifts.<\/p>\n

Despite these concerns, Trump supporters have embraced the cryptocurrency enthusiastically, propelling its valuation to $8 billion within hours.<\/p>\n

The success of $TRUMP demonstrates the increasing impact of branding and community loyalty in the evolving digital economy.<\/p>\n

For More News And Analysis About Kenya<\/span> Follow Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Kenya. Donald Trump\u2019s newly launched cryptocurrency, $TRUMP, achieved a market valuation of over $8 billion within two hours of its debut, according to press reports early Saturday. The president-elect announced the memecoin on X, urging supporters to join the “Trump Community.” \u201cMy NEW Official Trump Meme is HERE! It\u2019s time to celebrate everything […]<\/p>\n","protected":false},"author":84,"featured_media":134723,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[2624,544,13999,2908],"class_list":["post-134724","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-donald-trump","tag-kenya","tag-memecoin","tag-trump"],"yoast_head":"\nTrump\u2019s memecoin hits $8B market value in 2 hours - kenya<\/title>\n<meta name=\"description\" content=\"Donald Trump\u2019s newly launched cryptocurrency, $TRUMP, achieved a market valuation of over $8 billion within two hours of ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/kenya\/all-news\/trumps-memecoin-hits-8b-market-value-in-2-hours\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump\u2019s memecoin hits $8B market value in 2 hours\" \/>\n<meta property=\"og:description\" content=\"Donald Trump\u2019s newly launched cryptocurrency, $TRUMP, achieved a market valuation of over $8 billion within two hours of ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/kenya\/all-news\/trumps-memecoin-hits-8b-market-value-in-2-hours\" \/>\n<meta property=\"og:site_name\" content=\"kenya\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2025-01-18T23:04:01+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-01-22T21:50:56+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2025\/01\/sm_1737230140.940867.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"864\" \/>\n\t<meta property=\"og:image:height\" content=\"486\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/trumps-memecoin-hits-8b-market-value-in-2-hours#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/trumps-memecoin-hits-8b-market-value-in-2-hours\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Trump\u2019s memecoin hits $8B market value in 2 hours\",\"datePublished\":\"2025-01-18T23:04:01+00:00\",\"dateModified\":\"2025-01-22T21:50:56+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/trumps-memecoin-hits-8b-market-value-in-2-hours\"},\"wordCount\":166,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/trumps-memecoin-hits-8b-market-value-in-2-hours#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/kenya\/sites\/28\/2025\/01\/sm_1737230140.940867.jpg\",\"keywords\":[\"Donald Trump\",\"Kenya\",\"memecoin\",\"Trump\"],\"articleSection\":[\"all news\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/kenya\/all-news\/trumps-memecoin-hits-8b-market-value-in-2-hours#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/trumps-memecoin-hits-8b-market-value-in-2-hours\",\"url\":\"https:\/\/www.africa-press.net\/kenya\/all-news\/trumps-memecoin-hits-8b-market-value-in-2-hours\",\"name\":\"Trump\u2019s memecoin hits $8B market value in 2 hours - 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