The TRUMP memecoin, originally launched on the Solana blockchain on January 18 with a total supply of 1 billion tokens, is expanding to the TRON blockchain. The token currently has a circulating market capitalization of $1.718 billion and a fully diluted valuation of $8.59 billion. This move is facilitated by LayerZero technology, enabling seamless cross-chain transactions to TRON, which is noted as the most transacted blockchain in the crypto space. The expansion places TRUMP alongside other popular memecoins like WIF and PEPE on the TRON network, which is led by Justin Sun. The memecoin experienced a price drop from $74 to $8.59 prior to this expansion, indicating recent volatility in its market performance.
BREAKING: $TRUMP Memecoin Just Jumped Chains 🚨 After crashing from $74 to $8.59, @GetTrumpMemes is now expanding to @Trondao—Justin Sun's turf https://t.co/kQQDyZjZun
Using LayerZero for official token expansion, $TRUMP will soon move seamlessly to @trondao, the most transacted blockchain in crypto. TRUMP on TRON — powered by LayerZero https://t.co/xsVNvkQu1P
🚨 JUST IN: $TRUMP is set to launch on the TRON blockchain. https://t.co/sLuE5fNUm6