New meme coin $FAFO pumped by Donald Trump on Truth Social
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Former President Donald Trump is shaking up the crypto world again. Remember TrumpCoin? That one fizzled out after legal threats, but now FAFO (“F*** Around, Find Out”) is taking the spotlight. After Trump posted a meme tied to the coin on Truth Social, FAFO’s price skyrocketed by a mind-blowing 10,178% in just 24 hours. It’s the latest meme coin to blow up on the Solana blockchain.
FAFO is now sitting at $0.01275 USD (or 0.00005617 SOL), with a $12.6M market cap and $1M in liquidity. It’s seeing insane activity on platforms like Pump.fun and Raydium, where its trading volume hit $439.3M over the last day. The coin racked up 622,248 transactions, with 344,615 buys slightly ahead of 277,633 sells—a sign that buyers are still in the game. But it hasn’t all been smooth sailing; short-term price drops of 13.22% in 5 minutes, 42.45% in 1 hour, and 53.48% in 6 hours show just how wild meme coin trading can get.
While FAFO’s surge is exciting, it comes with the usual risks. Its $1M liquidity pool provides some stability, but there’s always chatter about meme coins potentially being “rug pulls” where developers cash out, leaving investors hanging. Like most meme coins, FAFO thrives on hype—and that means big rewards but even bigger risks.
This whole situation is pretty familiar in the meme coin world. Solana’s ecosystem has become a hotspot for these kinds of tokens. FAFO’s rise mirrors what happened with projects like DeepSeek, which recently shot up 916% in 9 hours. We can also mention Llumis Coin, which hyped a politician’s quotes and hit record heights. The hype is real, but it’s also a reminder that these coins are highly speculative.
If you’re thinking about jumping into FAFO, tread carefully. The crazy price swings are both the appeal and the danger of meme coins. Want to keep up with all the action?
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