Galaxy, Ripple CEOs lent $160M to MoonPay for TRUMP token launch
The Trump memecoin hit a high of approximately $79 one day after launching — causing widespread congestion issues across crypto platforms.
![Galaxy, Ripple CEOs lent $160M to MoonPay for TRUMP token launch](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDIvMDE5NGZhODQtOWUyMS03N2VmLTk2OTEtZWY2ZmI3Y2ZhNDMy.jpg?#)
The Trump memecoin hit a high of approximately $79 one day after launching — causing widespread congestion issues across crypto platforms.