ILOVE$TRUMP
President Trump's recent Truth Social post has sent the memecoin's trading volume soaring, with its price skyrocketing before correcting itself. This isn't Trump's first mention of the token, but his recent enthusiasm, describing it as "SO COOL" and "The Greatest of them all," has undoubtedly boosted its visibility and appeal.
The $TRUMP memecoin, launched on January 17, 2025, is a cryptocurrency built on the Solana blockchain, with a total supply of 1 billion tokens.¹ Its price has been volatile, reaching an all-time high of $75.35 on January 19, 2025, before correcting itself.² As of now, the token is trading at $11.49, with a 24-hour trading volume of $442.7 million.
Analysts are divided on the token's future, with some predicting a significant surge in value, while others question the legitimacy of Trump's involvement and the token's overall viability.³ The token's concentration of 80% of the supply in Trump-affiliated entities has also raised concerns.
As the $TRUMP memecoin continues to gain attention, it's essential to keep a close eye on its developments and potential
