$TRUMP As of May 7, 2025, the Trump-themed cryptocurrency, $TRUMP, is trading at approximately $0.19, experiencing a modest daily gain. Launched on January 17, 2025, just days before Donald Trump's second inauguration, the meme coin rapidly surged, peaking at $75.35, and achieving a market capitalization exceeding $27 billion. However, its value has since declined significantly.

The $TRUMP coin, hosted on the Solana blockchain, was introduced as a novelty item, with disclaimers stating it was not intended as an investment or political tool. Despite this, the venture has faced criticism over potential conflicts of interest, as Trump-affiliated entities retained 80% of the token supply, leading to concerns about personal enrichment. Additionally, the launch of a similar token, $MELANIA, by Melania Trump, has drawn scrutiny due to reports of early insider trading, where select traders profited nearly $100 million by purchasing the token minutes before its public announcement.

These developments have sparked ethical debates and raised questions about the intersection of political influence and cryptocurrency ventures.