#TrumpMediaBitcoinTreasury Just three days before officially returning to the White House, Donald Trump launched his own coin:
$TRUMP , running on the Solana blockchain. Market cap exceeded 27 billion USD in 24 hours, token price hit 64 USD – you read that right, 64 USD for a memecoin linked to politics.
📌 Quick analysis from a trader's perspective:
• 20% in circulation, the rest is in the hands of Trump and his company → too high concentration → this token is at high risk of severe price manipulation.