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The TRUMP meme coin has made a dramatic entry into the crypto market, achieving one of the most talked-about launches in recent history. Backed by a collaboration between Jupiter Exchange and the Meteora team, the launch capitalized on robust infrastructure and seamless execution to attract global attention.
Meteora’s Benchow commended Jupiter Exchange for its role in ensuring a secure and efficient trading process during the token’s debut.
Today’s $TRUMP launch on Meteora’s DLMM platform is one of the biggest in crypto and wouldn’t have been possible without @JupiterExchange.
Besides ensuring an s-tier trading experience not just on Jupiter itself but across the whole ecosystem, their token verification process…
— benchow.sol (@hellochow) January 18, 2025
Benchow also highlighted Jupiter’s efficient token verification process, which helped prevent the proliferation of scam tokens during the launch. “This is what world-class looks 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 just three days before his inauguration. The coin quickly became the talk of the financial world, drawing massive attention and causing a surge in its value.
Jupiter Exchange celebrated the scale of the launch, describing their efforts as pivotal to the project’s smooth execution.
Read also: Jupiter (JUP) Price Prediction 2024-2030: Will JUP Price Hit $5 Soon?
“We worked closely with the Meteora team to ensure an S-tier launch for TRUMP, which is undoubtedly one of the biggest launches in the history of crypto,” the exchange wrote.
They noted that the cooperation between both teams allowed for a flawless trading and verification process, with their powerful APIs supporting key apps like Moonshot, which were vital to the project’s success.
Jupiter also shared an interesting tidbit about the technology used. The launch of TRUMP utilized the same LFG stack and infrastructure that powered the success of JUP, including the highly effective DLMM pool and ILM design.
A Record-Breaking Crypto Launch
The TRUMP meme coin’s explosive debut catapulted its market cap to nearly $10 billion within hours.
However, skepticism surrounding its legitimacy has grown, fueled by concerns about potential hacks and social engineering.
In the midst of this uncertainty, one early investor turned $1 million into $104 million as the coin’s price surged by over 9,600%.
Skeptics continue to question the coin’s long-term viability, but the collaboration between Jupiter Exchange and Meteora has already set a benchmark for future crypto launches.
Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.
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