$TRUMP Quick Update: $TRUMP Coin (The Trump Meme Coin)

Current Price

The "OFFICIAL TRUMP" token is trading around $8.86 USD per coin, with daily trading volumes in the hundreds of millions and a market cap of approximately $1.77 billion.

Recent Price Trend

The coin has dropped roughly 88% from its January peak, which reached nearly $75. Recent sentiment and technical analysis suggest it could fall another ~13% if it breaks key support levels.

Ethics & Profits

Entities tied to the Trump Organization—particularly CIC Digital—have collected between $86 million to $349 million in trading fees, with some estimates reaching around $320 million.

Critics raise ethical concerns, arguing that the initiative inadequately separates presidential power from private financial gain.

Market Risks

Observers warn of the speculative nature of meme coins like $TRUMP—high volatility and the concentration of token ownership raise risks of pump-and-dump dynamics and significant losses for retail investors.

TL;DR Summary

Summary

Price ~$8.86 (down 88% from ~$75)

Profit ~$320–349M earned via trading fees by Trump-affiliated entities

Risks High volatility, centralization, ethical scrutiny, potential further losses

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