The Trump Coin, also known as $TRUMP , is a cryptocurrency that was launched on January 17, 2025, and has been associated with former US President Donald Trump. Here's what happened with Trump Coin
- *Launch and Surge*: Trump Coin surged to an all-time high of $73.43 on January 19, 2025, just two days after its launch, marking an extraordinary increase of approximately 41,025% from its initial price of $0.1824.
- *Price Volatility*: After reaching its peak, the token experienced a significant price drop of over 60%, and its current price varies between sources, ranging from $8.54 to $8.76.
- *Tokenomics*: The total supply of Trump Coin is set at one billion coins, with 800 million owned by Trump-owned corporations and 200 million in circulation. The token's supply will be completely released over the next three years across eight groups.
- *Market Performance*: Trump Coin's market capitalization stands at approximately $1.75 billion to $3.56 trillion, depending on the source, with a 24-hour trading volume ranging from $183 million to $225 million.
- *Use Cases*: The token aims to unite entertainment, politics, and blockchain technology, offering potential use cases like merchandise purchases and exclusive event access.
It's essential to note that the data on Trump Coin's price, market capitalization, and trading volume may vary depending on the source and time of update.