The Solana-based crypto buying and selling bot Trojan racked up a document $363 million in buying and selling quantity on January 20. Coincidentally, this was additionally the day of Donald Trump’s inauguration and the launch of his TRUMP memecoin.
The bot has a “lifetime volume” of $16.21 billion and over the previous seven days, handled $1.35 billion in quantity. On the time of writing, Trojan is ranked because the primary decentralized trade bot.
Chart of Trojan’s quantity collated by @whale_hunter and shared on Dune.
Trojan Buying and selling was launched on January 4, 2024, and is a Telegram buying and selling bot that permits customers to purchase and promote crypto immediately by means of the messaging app. Its cumulative income has reached over $205 million since launching.
January 20 was a busy weekend for crypto buying and selling as memecoins launched by Trump and his spouse Melania made headlines. Chinese language merchants and Chinese language-founded exchanges led buying and selling in Trump’s memecoin.
Based on CoinGecko, buying and selling quantity for TRUMP reached over $42 billion whereas MELANIA reached over $8 billion. MELANIA additionally brought about some undesirable worth motion for Trump’s personal crypto.
Solana (SOL) additionally reached an all-time excessive of $293 on January 19 whereas recording buying and selling volumes above $30 billion throughout Donald Trump’s inauguration.
Protos has reached out to Trojan for touch upon its quantity.