TRUMP flips PEPE, SHIB to become second-largest meme coin, market cap exceeds $13B

Key Takeaways TRUMP token has surpassed Pepe and Shiba Inu to become the second-largest meme coin. The token experienced criticism over its distribution, with 80% owned by Trump Organization-linked companies. Share this article TRUMP, a newly launched meme coin created by President-elect Donald Trump, has flipped Pepe (PEPE) and Shiba Inu (SHIB) to become the second-largest meme tokens in terms of market cap, CoinGecko data shows. The milestone was reached just over a day after launch. With a current market cap of around $13.5 billion, TRUMP only trails Dogecoin (DOGE),…