The TRUMP meme coin has made a dramatic entry into the crypto market, reaching probably the most talked-about launches in latest historical past. Backed by a collaboration between Jupiter Trade and the Meteora workforce, the launch capitalized on strong infrastructure and seamless execution to draw world consideration.
Meteora’s Benchow recommended Jupiter Trade for its position in guaranteeing a safe and environment friendly buying and selling course of in the course of the token’s debut.
At the moment’s $TRUMP launch on Meteora’s DLMM platform is among the largest in crypto and would not have been doable with out @JupiterExchange.
Apart from guaranteeing an s-tier buying and selling expertise not simply on Jupiter itself however throughout the entire ecosystem, their token verification course of…
— benchow.sol (@hellochow) January 18, 2025
Benchow additionally highlighted Jupiter’s environment friendly token verification course of, which helped forestall the proliferation of rip-off tokens in the course of the launch. “That is what world-class seems to be like,” Benchow tweeted.
The Official TRUMP Meme Coin Launch
For context, TRUMP is the “official” meme coin of incoming U.S. president Donald Trump, launched on Solana simply three days earlier than his inauguration. The coin shortly grew to become the discuss of the monetary world, drawing huge consideration and inflicting a surge in its worth.
Jupiter Trade celebrated the size of the launch, describing their efforts as pivotal to the undertaking’s easy execution.
Learn additionally: Jupiter (JUP) Value Prediction 2024-2030: Will JUP Value Hit $5 Quickly?
“We labored intently with the Meteora workforce to make sure an S-tier launch for TRUMP, which is undoubtedly one of many largest launches within the historical past of crypto,” the alternate wrote.
They famous that the cooperation between each groups allowed for a flawless buying and selling and verification course of, with their highly effective APIs supporting key apps like Moonshot, which had been important to the undertaking’s success.
Jupiter additionally shared an attention-grabbing tidbit in regards to the know-how used. The launch of TRUMP utilized the identical LFG stack and infrastructure that powered the success of JUP, together with the extremely efficient DLMM pool and ILM design.
A File-Breaking Crypto Launch
The TRUMP meme coin’s explosive debut catapulted its market cap to almost $10 billion inside hours.
Nonetheless, skepticism surrounding its legitimacy has grown, fueled by considerations about potential hacks and social engineering.
Within the midst of this uncertainty, one early investor turned $1 million into $104 million because the coin’s value surged by over 9,600%.
Skeptics proceed to query the coin’s long-term viability, however the collaboration between Jupiter Trade and Meteora has already set a benchmark for future crypto launches.
Disclaimer: The data introduced on this article is for informational and academic functions solely. The article doesn’t represent monetary recommendation or recommendation of any type. Coin Version will not be chargeable for any losses incurred because of the utilization of content material, merchandise, or providers talked about. Readers are suggested to train warning earlier than taking any motion associated to the corporate.
