$TRUMP $TRUMP token was launched by former U.S. President Trump on January 18, 2025, as a personal Meme coin, issued on the Solana chain, with a total supply of 1 billion (initial circulation of 200 million). Its price soared from the opening price of $0.18 to $75, with a market cap nearing $80 billion, but subsequently fell to a range of $8-$15 due to market fluctuations and regulatory controversies.

Features and Controversies:

1. Highly centralized: 80% of the tokens are held by Trump's affiliated companies, unlocked over three years, raising concerns about market manipulation risks.

2. Political Symbol: Supporters can use it to purchase Trump-branded merchandise, and large holders can be invited to Trump's private events.

3. Regulatory risks: Democrats accuse it of potential interest transfer, but the SEC has not classified it as a security yet.

Current Status (May 2025): Market cap is approximately $6 billion, with prices significantly influenced by Trump's political dynamics and unlocking plans.