The official memecoin named after U.S. President Donald Trump has created a significant impact in the cryptocurrency market in a short time. According to data shared by Coinbase executive Conor Grogan, the project has generated over $800 million in revenue. Launched in January before Trump’s presidential inauguration, this digital asset has outperformed major launches in terms of liquidity and market value, securing the 40th position in the cryptocurrency market and attracting close attention from traders and analysts.
High Liquidity and Market Influence
Following the launch, the project team transferred $482 million in USDC ($1.00), Solana $210, and the memecoin to exchanges. Coinbase director Conor Grogan stated that the team also utili…
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