Trump Insider Launches New Memecoin, Turbo Shiba Inu, on Solana Blockchain

A new Solana memecoin called Turbo Shiba Inu (SHIBTUR) has been launched by a wallet linked to a Trump insider.

The creation of SHIBTUR's liquidity pool, which occurred just hours ago, allows the memecoin to be purchased via Solana decentralized exchanges like Raydium.io using a Solana wallet or browser extension.

The initial liquidity pool contained only a few hundred dollars in Solana, giving the memecoin a market cap of just a few thousand dollars at this time.

This launch bears some resemblance to the official $Trump memecoin, which was launched on January 17, 2025, and saw its price skyrocket from under a dollar to over $14 billion within hours after Trump's inauguration.