The $TRUMP token is a cryptocurrency associated with Donald Trump, the 45th President of the United States. Here's what we know about it:
- Tokenomics: The TRUMP meme coin has a total supply of 1 billion tokens, with 80% (800 million) reserved for Trump-affiliated entities, such as CIC Digital LLC and Fight Fight Fight LLC. These entities have a structured lock-up period followed by a vesting schedule, ensuring controlled market impact.
- Ownership: Given the project's direct branding around Trump's name and persona, it's likely that he maintains a vested interest in its success, either as a symbol of support or as a potential revenue stream.
- Performance: The TRUMP meme coin jumped over 1,000% in just two days after its launch in January 2025, reaching a market cap of nearly $13 billion. However, it has since declined by over 88%, with a current market cap of around $1.5 billion.
- Family Ties: Trump's family members, including his wife Melania Trump, have also launched their own meme coins. Melania Trump's MELANIA coin has a similar tokenomics structure, with 85% of its total supply reserved for team vesting and treasury.
It's worth noting that Trump's involvement in cryptocurrency extends beyond meme coins. He has also been associated with World Liberty Financial, a DeFi project that launched a US dollar-pegged stablecoin called USD1. The project has received investment from DWF Labs, a global crypto market maker.
