$TRUMP Coin climbs from $0.18 to $28.9 !!!!
Donald Trump has grabbed headlines again—this time with his brand-new $TRUMP meme coin. Launched just days before he steps into office for a second term, the coin’s market cap rocketed to a jaw-dropping $8 billion in under three hours. Trading volumes shot up to $1 billion, and the price soared from $0.18 to $7.10 in minutes—a massive 300% surge. by 3:55PM UTC+1 the coin already reached $28.9 !!!
Built on Solana, the token’s total supply is capped at 1 billion coins, with 200 million released at launch. The rest will trickle out over three years. Ownership is largely held by CIC Digital LLC (a Trump Organisation subsidiary) and Fight Fight Fight LLC, a new Delaware-based company.
Trump introduced the meme coin on his own social media platform, Truth Social, and on X (formerly Twitter). He called it his “official Trump meme” and told followers they only have a 48-hour window to snag some tokens at gettrumpmemes.com. The coin’s name nods to the slogan “Fight, Fight, Fight,” something Trump allegedly shouted after surviving an assassination attempt in July 2024.
No surprise, the internet went crazy. Some people see $TRUMP as a bold leap into crypto, while others are skeptical—especially given Trump’s track record with quirky ventures (like pricey watches and “assassination attempt” cologne). Plus, 80% of the token supply is in just two companies’ hands, raising eyebrows about decentralization. Yet, big trading volumes and eye-popping gains have overshadowed the doubts, at least for now. One lucky trader claims they cashed in $20 million in profits within an hour of launch.
For fans, $TRUMP simply cements Donald Trump’s status as the “crypto president.” They’re hoping his second term will bring even more love for digital assets.
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