TRUMP Memecoin became a sensation soon after its launch on January 17, 2025. President-elect Donald Trump shared the token launch news on his social media platforms, fueling its price rally. Many early traders made heavy returns on their investments in the token, as the TRUMP price skyrocketed 3000% within 20 hours. Interestingly, a similar response was around the Pepe Coin launch, creating a buzz in the entire meme coin market.
TRUMP Becomes 4th Biggest Memecoin Within A Day
The attribution of the Solana launch to TRUMP alone brought enough attention, but the soon-to-be president’s announcement on Truth and X increased its hype to the next level. Many analysts and investors promoted the token further, calling it the next big thing. As a result, the TRUMP crypto coin price surged more than 3000%, jumping from $0.7 to $21.7 within 20 hours. It is now the fourth biggest meme-themed cryptocurrency after Dogecoin, Shiba Inu, and PEPE.
This trending Solana meme coin currently trades at $21.7 after hitting an ATH of $24.50 earlier. Additionally, it has achieved a market capitalization of $4.3B with $5.16B in trading volume per CoinmarketCap, revealing its high demand. After this impressive surge, it is the 4th biggest memecoin and the 32 biggest cryptocurrencies in the market.
Among investors boosting the demand for this TRUMP-themed meme coin, Anthony Pompliano, Founder and CEO of Professional Capital Management, asked the crypto community to buckle down for what’s next. Analysts reported the TRUMP coin price achieved $7.5B market capitalization in the early hours; a surge to $8M would make it the third biggest meme-themed cryptocurrency, surpassing Pepe Coin.
TRUMP Challenge Pepe Coin For Third Spot
Pepe Coin, a famous frog-themed meme coin, was launched in 2023 and has dominated the crypto market ever since. Similar to the massive rally of the TRUMP memecoin, the PEPE entered the market with a considerable uptrend. At that time, the PEPE price surged from $0.00000000001898 to $0.000000378 within a few days, building a lifetime image and demand in investors’ eyes.
The surges and profitable behaviors do not end there, as in 2024, the token created multiple all-time highs, making it among the most bullish meme coins. It hit its prime in December 2024, reaching a peak of $0.00002825, but has consolidated 33% since then, currently trading at $0.00001888 with $7.94B in market capitalization and $1.62B in trading volume.
Like these surges, the token faces a massive downtrend as traders sold their holdings for profits. The same is feared for the TRUMP crypto coin. It is because there are doubts about its credibility and whether Donald TRUMP launched this memecoin or not. Regardless of the situation, many traders made millions from a few bucks, making shocking returns with this token. With such a performance, it is challenging PEPE for the third spot.
Can TRUMP Memecoin Overtake Pepe Coin Next?
Considering Trump’s hype in the market and its connection with President-elect Trump, the token will likely continue its uptrend. This Donald Trump crypto coin may also witness significant consolidation over the doubts of its backing, viability, and legitimacy. Still, with a 3000% surge in 20 hours, it is setting a firm foot in the market.
If the hype and demand for the token continue, TRUMP memecoin can overtake Pepe Coin, becoming the third biggest cryptocurrency. However, the PEPE is also advancing in the market with Binance support, giving this newly launched crypto a tough battle. Overall, continuity of momentum, community trust, and market condition are a must for TRUMP crypto price to hit $40 and overtake PEPE with a $8B market cap.
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