A new meme coin, Everything is Computer (EIC), has taken the crypto market by storm after a viral comment from US President Donald Trump.
The phrase, which originated from Trump's reaction to a Tesla's interior, quickly became a meme on X, formerly Twitter. In response, traders launched the EIC token on Pump.fun, with its price initially surging to$0.007 on Raydium.
The token recorded over$15 million in trading volume within 24 hours, attracting significant attention across the Solana ecosystem.
Additional liquidity pools, including Meteora, also saw millions in activity as traders flocked to capitalise on the trend. However, EIC has since dropped to around$0.0028, reflecting the volatility of the memecoin sector.
Some investors are wary of potential risks, citing Pump.fun's track record of meme coin failures and the recent LIBRA rug pull.
Despite this, the hype around Everything is Computer remains strong, with many believing its viral origins could help it avoid the fate of other short-lived meme coins. Whether it can maintain momentum or fade into obscurity remains to be seen.
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