📊 Key Details & Metrics :
The token is listed on Binance (as “OFFICIAL TRUMP” / “TRUMP_USDT”) for spot trading.
Current price: ~ $0.117759 USD (as of just now)
Intraday high: ~$0.123566, intraday low: ~$0.112971
📰 Recent Developments & Context
Token Unlocks / Supply Concerns
The project has token unlocks scheduled. For instance, 40 million TRUMP tokens (worth over $300 million) were slated for release, which can increase circulating supply and may apply downward pressure on price.
Project Backing & Relationship with Binance
The $TRUMP token is managed by entities associated with Trump (CIC Digital LLC, Fight Fight Fight LLC) that hold a large portion of total supply.
Also, Binance has had close connections with Trump’s crypto ventures (e.g. Binance reportedly helping code or support the stablecoin USD1 tied to Trump’s venture).
Regulatory / Political Oversight
Because of Trump’s position and ties to the token, there’s increased scrutiny and potential geopolitical / regulatory risk. For example, U.S. senators have asked for documents related to a $2B deal involving Trump’s stablecoin USD1 and Binance.
Also, Binance itself has had legal issues in the U.S. (e.g., pleaded guilty in 2023 to anti-money-laundering failures), which may intersect with its associations to Trump’s ventures.
Other Trump-Crypto Projects
Beyond $TRUMP , there's also WLFI (World Liberty Financial token). WLFI recently started trading on Binance.
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