Since its launch on January 17, 2025, TRUMP memecoin has generated a massive $38 billion in total spot trading volume across centralized exchanges, with Binance leading at $16 billion. Despite an initial surge that saw TRUMP closing at $62 on January 19—an 82% increase from its debut—the token's price has since corrected to around $39, reflecting market volatility and shifting investor sentiment.
Market Performance Overview:
Launch Date: January 17, 2025, on the Solana blockchain.
Current Price: $39, down from its peak of $62 on January 19, which marked an 82% increase from its initial trading day.
Trading Volume:
Since launch, the total spot trading volume across centralized exchanges reached $38 billion, with Binance leading the market, accounting for $16 billion, which represents 42% of the total.
The highest daily trading volume was recorded on January 19, hitting $17 billion.
Tokenomics and Emission Schedule:
Initial Circulating Supply: 200 million TRUMP available at launch.
Total Supply Cap: 1 billion TRUMP, released gradually over a 36-month emission schedule.
Distribution Breakdown by Group:
36% (360M): Allocated to "Creators & CIC Digital, 1."
18% (180M): Allocated to both "Creators & CIC Digital, 2" and "Creators & CIC Digital, 3."
10% (100M): Liquidity.
10% (100M): Public Distribution.
Remaining: Smaller allocations to different creators' groups.
Trading Activity Breakdown by Exchange:
Binance: Dominates the market with $16 billion in trading volume.
OKX & Bybit: Follow with approximately $5 billion each.
Other Exchanges: Include Gate.io, Bitget, KuCoin, and more, with significantly lower trading volumes.
Purpose and Utility:
The TRUMP token represents engagement and support for Donald Trump’s ideals and beliefs, functioning as a meme coin within the Solana ecosystem.
Users can acquire TRUMP via Apple Pay, debit/credit cards, Venmo, Solana/USDC, making it accessible to a broad audience.
Conclusion: The TRUMP meme coin has generated significant traction in a short period, with a robust trading volume and active community engagement. Despite recent price corrections, its growing circulation and market activity suggest continued interest in the asset.
