#TRUMP Meme Coin Trading Volume Surges#
Hot Topic Overview
Overview
TRUMP Meme coin surpassed $7 billion in on-chain trading volume within 24 hours of its launch, exceeding the total trading volume of Ethereum and all its L2s. This also pushed the Solana-based DEX Meteora's TVL above $1 billion for the first time, with a 130% increase in 24 hours, and its swap volume reached an all-time high of $8 billion. The TRUMP-USDC trading pair is the largest pool on-chain, with a TVL of 493M, and this pool alone contributed 14M in revenue to the protocol in the past 24 hours. Meteora's DLMM pool's ability to provide zero slippage, dynamic LP fees, and flexible liquidity strategies has ensured high minting and withdrawal pool success rates even with the significant price fluctuations of TRUMP.
Ace Hot Topic Analysis
Analysis
TRUMP Meme coin has generated over $7 billion in on-chain trading volume within 24 hours of its launch, surpassing the total trading volume of Ethereum and all its L2s, sparking heated discussions in the market. This phenomenon has also boosted the development of Solana-based DEX Meteora, with its TVL exceeding $1 billion for the first time, a 130% increase in 24 hours, and its swap volume hitting an all-time high. The popularity of TRUMP Meme coin is mainly attributed to its unique DLMM pool, which offers zero slippage, dynamic LP fees, and flexible liquidity strategies, attracting a large number of users to participate. Although the price of TRUMP Meme coin fluctuates significantly, the stability of the DLMM pool makes it the preferred choice for users to trade. In addition, the 5% fee option offered by Meteora has also provided lucrative returns for yield farmers. Overall, the popularity of TRUMP Meme coin reflects the market's continued focus on meme coins and brings new vitality to the Solana ecosystem.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
TRUMP Meme Coin trading volume surged, exceeding the total trading volume of Ethereum and all its L2s.
The launch of TRUMP Meme Coin propelled Meteora DEX's TVL to surpass $1 billion for the first time, with 24-hour Swap volume reaching an all-time high.
Meteora's DLMM pools offer zero slippage, dynamic LP fees and flexible liquidity strategies, making them more stable than Raydium, with higher success rates in minting and withdrawing pools.
TRUMP Meme Coin's trading volume and price fluctuate significantly, but DLMM pools can meet users' demand for high yields and flexible liquidity.