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Continuous update》Is Trump's meme coin $TRUMP a scam? Market Cap surpasses PEPE to become the third largest MEME, with the team holding 80% Token…
This morning, Trump's issued Token $TRUMP broke through the $8 billion market capitalization level within two hours of opening, causing a strong market reaction. However, some in the community still have doubts about the authenticity of the Token issuance, suspecting it to be a hacker's coin issuance. The动區 will continue to verify this and provide updates for you. (Background: New York Post: Trump's presidency will prioritize support for American companies such as Solana and Ripple, ending four years of suppression.) Incoming U.S. President Trump released the official meme Token $TRUMP at 10 am today, causing a strong market reaction. Within three hours of opening, the Token's market cap surpassed $9 billion, surpassing $PEPE to become the third largest meme Token. However, due to many previous instances of hackers stealing celebrity accounts to issue meme coins, some in the community suspect that Trump may have been hacked to issue coins. Since the issuance time of $TRUMP is not long, the动區 will continue to track the latest information for you. Trump continues to post on his official channel. After releasing the meme coin article, Trump continued to release articles on Truth Social, such as "Peggy Schwinn will serve as the next Deputy Secretary of Education" and "The most important weekend in American history is coming." This indicates that his account does not seem to be controlled by hackers. In addition, Abstract Chain founder @0xCygaar also tweeted that the deployment of Trump's new meme coin website is similar to his previous official non-fungible token website: "Ok yeah the new Trump memecoin website is deployed almost identically to his previous Non-fungible Token website. Same cloudflare setup, same deployment with Heroku, same SSL certificate issuer. Very similar HTML structure as before." Polymarket opens betting. Decentralized prediction market Polymarket has also opened a betting market on "whether Trump has been hacked," with the probability of being hacked dropping from a high of 55% to the current 6%. Official team Address holdings account for 80% of the total supply and will be unlocked over three years. According to the GetTrumpMemes official website, Trump's Token $TRUMP has a total supply of up to 80%, jointly held by Trump Group's subsidiaries CIC Digital LLC and Fight Fight Fight LLC, with a current value of about $6.5 billion. However, this Address must comply with a 3-year unlocking plan. According to the introduction, the total supply of $TRUMP Token is 1 billion, with 200 million $TRUMP released for circulation on the first day of issuance, and is expected to rise to 1 billion $TRUMP (fully circulated) within three years, which is different from the past meme coin issuance practices. $TRUMP Token distribution source: gettrumpmemes.com Tether CEO: Does Trump support USDT? Before releasing the "Revenge Blacklist," former Vice President and Speaker of the House were named: relevant individuals refused to be employed. U.S. economics professor: Trump establishing a BTC reserve could become the largest pump and dump scam in history. (Continuously updated) Is Trump's meme coin $TRUMP a scam? Market Cap surpasses PEPE to become the third largest MEME, with the team holding 80% of the Tokens... This article was first published on BlockTempo, the most influential blockchain news media in BlockTempo.