#Trump Meme Coin Trading Booms#
Hot Topic Overview
Overview
Trump's official Solana meme coin, TRUMP, has sparked a huge trading frenzy since its launch, generating over $7 billion in on-chain volume within 24 hours, surpassing the total transaction volume of Ethereum and all its L2s. The launch of TRUMP also pushed the TVL of Solana-based DEX Meteora to surpass $1 billion for the first time, a 130% increase in 24 hours, and its swap volume also reached a record high of $8 billion. TRUMP's trading frenzy has also driven the volume of Meteora's DLMM pool, which offers the ability to have zero slippage, dynamic LP fees, and flexible liquidity strategies, attracting a large number of yield farmers.
Ace Hot Topic Analysis
Analysis
Trump's official Solana meme coin, TRUMP, has generated immense market buzz since its launch, surpassing Ethereum and all its L2s in 24-hour on-chain transaction volume with over $7 billion. TRUMP's launch has also boosted the development of Solana-based DEX Meteora, propelling its TVL to surpass $1 billion for the first time, experiencing a 130% increase in 24 hours and reaching a record high of $8 billion in exchange volume. The volatile trading price of TRUMP led to a high failure rate for Raydium's V3 pool, whereas Meteora's DLMM pool exhibited greater stability and success. Its ability to provide no-slippage, dynamic LP fees, and flexible liquidity strategies has attracted a large number of users. The popularity of TRUMP reflects the market's continued attention to meme coins and the DeFi sector's pursuit of innovation and flexibility.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
TRUMP Meme coin trading volume is huge, surpassing the total trading volume of Ethereum and its L2s.
TRUMP Meme coin pushes Meteora TVL over $1 billion for the first time, setting a new high for 24-hour Swap volume.
TRUMP Meme coin trading price fluctuates dramatically, but Meteora's DLMM pool provides slippage-free, dynamic LP fees and flexible liquidity strategies, with a high success rate for minting and withdrawal pools.
TRUMP Meme coin trading pairs have contributed a significant amount of revenue to the Meteora protocol.