DJT Coin Blows Up: Next Big Meme or a Time Bomb?

The latest meme coin sensation on DexScreener, Donald J. Trump (DJT), is making serious waves on Solana, with its price skyrocketing over 9,208% in just 24 hours. Launched via Pump.fun, DJT has already hit a $8.8 million market cap, racking up over $26.2 million in trading volume. Liquidity sits at $522K, and transactions are flooding in, with nearly 48,000 trades.

It all started with the following tweet:

This isn’t the first political moment that sparked a meme coin frenzy. Just last week, a token inspired by Elon Musk’s AI comments spiked 500%, and another based on a viral Joe Biden gaffe surged 300% before tanking. It’s becoming clear: crypto traders love turning headlines into fast-moving digital assets.

Trump has always had a knack for influencing financial markets, from stocks to NFTs, so it’s no shock that a coin bearing his name is making noise. But how long will the hype last?

Sure, DJT has made early buyers a fortune, but let’s be honest: this is highly speculative. Meme coins like this can crash just as fast as they pump. There’s no official backing, no real-world use case, and liquidity could vanish once the hype cools down.

DJT’s meteoric rise proves that politics and crypto are more connected than ever. But will it hold value, or is this just another flash in the pan?