#TRUMPCoinMarketCap
As of January 19, 2025, the Official Trump meme coin ($TRUMP) has achieved a market capitalization of approximately $5.5 billion, surpassing other Solana-based meme coins such as Bonk ($BONK) and dogwifhat ($WIF).
The $TRUMP coin was launched on January 17, 2025, with an initial release of 200 million tokens out of a total supply of 1 billion. The remaining 800 million tokens are scheduled for release over the next three years. Notably, 80% of the total supply is held by CIC Digital LLC, an affiliate of The Trump Organization, and Fight Fight Fight LLC, a company partially owned by CIC Digital. These entities are restricted from releasing their tokens for three years.
The coin's value experienced a significant surge shortly after its launch, reaching a market capitalization of $8 billion within hours. However, the market cap has since stabilized at approximately $5.5 billion.
It's important to note that the $TRUMP coin is categorized as a meme coin, primarily serving symbolic purposes rather than offering intrinsic economic or transactional utility. The project's website emphasizes that the tokens are not intended as investment opportunities or securities but rather as a means of expressing support for Trump's ideals.
Given the inherent volatility and speculative nature of meme coins, potential investors should exercise caution and conduct thorough research before engaging in any trading or investment activities involving $TRUMP.
