🪙 $TRUMP Memecoin: Crypto revolution or brand cult?
🔍 Key data:
-Blockchain: Solana
-Launch: January 17, 2025, days before the presidential inauguration
-Initial capitalization: +$32B in 24h
-All-time high price: $74 USD
-Current price: ~$27 USD
--Trading volume: +$12B in 24h
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Distribution: 80% in the hands of CIC Digital LLC and Fight Fight Fight LLC (affiliated with Trump)
🎯 Stated purpose:
According to its official website, $TRUMP does not intend to be an investment, but rather an expression of support for Trump's ideals. However, 80% of the tokens are locked for 3 years, which has generated criticism for centralization and potential market manipulation.
📈 Impact on Solana:
The hype drove the price of SOL to new all-time highs, consolidating Solana as the epicenter of presidential memecoins
⚠️ Controversies:
-Extreme concentration: A single wallet controls 80% of the supply
-Ethical conflict: Can a president launch a speculative asset without violating the Constitution?
-Market manipulation: Some experts label it as a “rigged game”
-Change of stance: In 2021, Trump called cryptos “a disaster waiting to happen”
“$TRUMP is not just a memecoin. It is the first experiment in presidential tokenization, where politics, speculation, and branding converge into a single asset.”
#CryptoMarket4T #BinanceSquare #TrumpBitcoinEmpire #Write2Earn #GENIUSAct $SOL