🪙 $TRUMP: The controversial meme coin of Donald Trump shakes up politics and cryptocurrencies

The launch of the meme coin TRUMP in January 2025, just before Donald Trump's second inauguration, has generated huge upheaval in both the crypto world and U.S. politics. The token, created on the Solana blockchain, reached a market capitalization of $15 billion after a series of announcements and direct promotions from Trump himself on social media.

🚀 What is $TRUMP and why is it so controversial?

- Only 20% of the tokens are in circulation; the remaining 80% is locked and controlled by companies linked to the Trump family under a three-year agreement.

- The price of the token has been extremely volatile, with spikes driven by promotions such as an invitation to a private dinner with Trump for the top 220 holders and a VIP tour of the White House for the top 25 investors.

- The project has generated nearly $100 million in trading fees in just a few weeks.

⚖️ Controversies and political reactions

- The TRUMP coin is under investigation for possible conflicts of interest and corruption, as it is suspected that it could be a way for large investors and even foreign funds to buy access and influence over the president.

- The offer of private dinners and exclusive tours in exchange for investment has drawn criticism from both parties, and has motivated the introduction of the so-called *MEME Act, which seeks to prohibit high-ranking officials from issuing or promoting cryptocurrencies.

- Senators and ethics experts have described the project as “the most corrupt act ever committed by a president.”

💬 What’s next?

The future of TRUMP is uncertain: while some speculate about new rises due to media attention, others warn of high risk, lack of transparency, and the possibility of regulations that could hinder the project.