Everything You Should Know About Official $Trump Coin

In a bold and unexpected move, President-elect Donald Trump has ventured into the cryptocurrency market with the launch of $TRUMP, a meme coin that has captivated both enthusiasts and skeptics alike. Within mere hours of its debut, the token reached a staggering $8 billion market cap, sparking intense debate and speculation across the crypto community.

What we know about $TRUMP coin?

Just days before his inauguration, Donald Trump unveiled $TRUMP, a Solana-based cryptocurrency marketed as a meme coin. Promoted heavily through his personal social media platforms, Truth Social and X (formerly Twitter), the token quickly gained traction, becoming one of the most talked-about assets in the crypto space.

The initial response was nothing short of phenomenal. In less than three hours, $TRUMP’s market capitalization skyrocketed to $8 billion, while trading volumes approached $1 billion. The token’s value surged by over 300% within minutes, starting at $0.18 and peaking at $72.10 today and we are still watching how much its gonna go up and more ATH. By the end of the day, $TRUMP had created millionaires, with one trader reportedly netting a $20 million profit in under an hour.

But what lies behind this meteoric rise?

The Origins of $TRUMP

The inspiration for $TRUMP stems from the rallying cry "Fight, Fight, Fight," which Trump reportedly shouted after surviving an alleged assassination attempt at a campaign event in Pennsylvania in July 2024. This dramatic backstory, coupled with Trump’s polarizing persona, has fueled the coin’s meme-worthy status and contributed to its viral success.

$TRUMP launched with an initial supply of 200 million tokens, with a total supply capped at 1 billion. These remaining tokens will be released gradually over the next three years. Notably, a significant 80% of the initial supply is controlled by CIC Digital LLC, an affiliate of The Trump Organization, and Fight Fight Fight LLC, a company registered just days prior to the token’s release.

Skepticism and Controversy

Despite its explosive debut, $TRUMP has been met with widespread skepticism. The project’s official website asserts that the token is "not political" and is unrelated to any campaign or public office. However, concerns persist about its credibility, particularly in light of recent security issues such as a rise in account hacks on X.

Adding to the intrigue are Trump’s unconventional promotional efforts. From $100,000 luxury watches to colognes commemorating the assassination attempt, Trump’s history of bizarre merchandising has made many crypto enthusiasts question the seriousness of this latest venture.

This launch follows a pattern of peculiar Trump-branded products, including the infamous "Trump Guitars," which were pulled from the market after a legal dispute with Gibson. Such ventures have only heightened the sense of caution among investors, many of whom view $TRUMP as more spectacle than substance.

What should happen after this $TRUMP coin?

While $TRUMP has undeniably captured the crypto world’s attention, its future remains uncertain. Will it become a groundbreaking asset in the meme coin space, or will it fade into obscurity as another odd chapter in Trump’s storied career? Only time will tell.

What is clear, however, is the enduring power of the Trump brand. Whether in politics, business, or now cryptocurrency, Trump continues to dominate headlines and spark conversations. For better or worse, $TRUMP has added a new dimension to his legacy—one that intertwines meme culture with the unpredictable world of digital assets.

You can reach more details about our $TRUMP coin page here.