🚨 Launched by Trump-affiliated companies in Jan 2025, the $TRUMP token hit the Solana blockchain with big promises and even bigger controversy.
🔹 Initial Boom: $27B market cap in days
🔹 Tokenomics: 1B supply, 200M public, 800M held by insiders
🔹 VIP Utility: Top holders received exclusive invites to a Trump-hosted dinner and private White House-style perks
🔹 Criticism: Accusations of “selling political access” triggered ethics inquiries
🔹 Upcoming Risk: A $520M token unlock event set for July 2025 could increase sell pressure
🔹 Market Impact: Over 800K wallets reportedly lost money, while insiders profited massively
🔹 Family Feud: Trump’s sons disavowed a separate $TRUMP wallet scheme amid confusion
📉 Down ~85% from January highs, the token’s future may hinge on regulatory responses and community sentiment.
🔍 DYOR - Meme coins can be highly volatile and speculative.
🤔 With $TRUMP down over 85% from its highs and a $520M unlock coming in July, is this meme coin hype fading or just getting started?
👇 What’s your take: long-term play, quick flip, or exit now???