**$TRUMP**, the meme coin associated with former U.S. President Donald Trump, including its market performance, controversies, and investment risks:
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### **🚀 $TRUMP Coin Overview**
**Token Name:** OFFICIAL TRUMP ($TRUMP)
**Blockchain:** Solana
**Launch Date:** January 17, 2025
**Current Price:** ~$10.74 (as of May 2025)
**All-Time High:** $75.35 (January 2025, -85% from peak)
**Market Cap:** $2.14B
**24h Trading Volume:** $464M
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### **📊 Key Metrics & Performance**
- **Total Supply:** 999.99M TRUMP (199.99M circulating)
- **Price Volatility:**
- **+789%** from all-time low ($1.21 in January 2025) .
- **-15%** over the past week .
- **Sector:** Political memecoins (alongside $MELANIA, launched by Melania Trump) .
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### **🔥 Controversies & Ethical Concerns**
1. **Conflict of Interest:**
- Trump owns **80% of the supply** (800M tokens via CIC Digital LLC and Fight Fight Fight LLC) .
- Critics argue he profits from policies affecting crypto markets while in office .
2. **Foreign Influence Risks:**
- Over **76% of top trump holders** are likely foreign entities, raising concerns about emoluments clause violations .
- A May 2025 dinner with top holders at Trump’s golf club fueled speculation of pay-to-access corruption .
3. **Investor Losses:**
- **764,000 wallets** lost money on $TRUMP, while only 58 wallets gained >$10M each .
- Forensic analysis revealed **$2B in losses** for small investors vs. $100M in fees for Trump-linked entities .
4. **Regulatory Backlash:**
- The **MEME Act** was proposed to ban politicians from launching crypto assets .
- Democrats compared trump to a "pump-and-dump scheme" .
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### **💡 Trading & Investment Outlook**
- **Bullish Case:**
- Political hype (e.g., Trump’s pro-crypto stance).
- Memecoin rallies during election cycles.
- **Bearish Risks:**
- Extreme volatility (e.g., -85% from ATH).
- Regulatory crackdowns or loss of celebrity hype.
**Pro Tip:** Monitor **$MELANIA coin** (launched by Melania Trump), which saw insider trading before its public release .
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**"Would You Buy $TRUMP?"**
1️⃣ **Yes – Political memes always pump!** 🚀
2️⃣ **No – It’s a conflict of interest.** 💀
3️⃣ **Only if Trump tweets about it.** 🐦
**Tag someone who’s bullish on political coins!** 👇
@Cryptoking - SGF – Is $TRUMP the next $PEPE?
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- **Regulatory Impact:** Could shape future crypto legislation.
- **Market Sentiment:** Reflects polarization in crypto communities.