$TRUMP
The $TRUMP coin is a meme token associated with Donald Trump, launched on the Solana blockchain with a total supply of 1 billion coins. Here's what you need to know ¹:
- *Current Price*: The current price of TRUMP is around $9.15-$9.20 USD, with a 24-hour trading volume of $531 million to $534.47 million.
- *Market Capitalization*: The market cap of TRUMP is approximately $1.84 billion to $1.98 billion, ranking #53 on CoinMarketCap.
- *Circulating Supply*: There are 199,999,321 TRUMP coins in circulation out of a maximum supply of 999,999,993.
- *All-Time High*: The coin's all-time high price was $75.35 on January 19, 2025, and its all-time low was $1.21 on January 18, 2025.
- *Exchanges*: TRUMP is available on major cryptocurrency exchanges like Binance, Bybit, and Mexc.
Some key points to consider ¹ ² ³:
- *Volatility*: Meme coins like TRUMP are highly volatile and sensitive to market trends, news, and social media.
- *Speculative Nature*: $TRUMP's value is driven by community interest, media attention, and speculative trading rather than intrinsic utility.
- *Ownership Distribution*: Approximately 80% of TRUMP tokens are held by Trump-affiliated entities, raising concerns about centralization and potential price manipulation.
- *Regulatory Uncertainty*: The future of TRUMP and similar coins may be influenced by regulatory developments and the Trump administration's stance on crypto regulation.
