As of February 11, 2025, there are several coins associated with former President Donald Trump:
Launched on January 17, 2025, this meme coin is hosted on the Solana blockchain. An initial coin offering (ICO) released 200 million coins to the public, while two Trump-owned entities retained 800 million coins. The coin's value surged rapidly, reaching a market capitalization of over $14.5 billion by January 19, 2025. However, it has since declined by approximately two-thirds.
2. TrumpCoin $TRUMP
This cryptocurrency was created to support the Trump administration and its conservative followers. As of the latest data, TrumpCoin is priced at approximately $0.01487, with a circulating supply of 6.6 million TRUMP coins.
3. Commemorative Coins:
Various commemorative coins featuring Donald Trump are available for collectors. For instance, the U.S. Mint offers a bronze medal with President Trump's portrait and a quote from his inauguration. Additionally, private vendors sell gold-plated coins and other memorabilia.
Recent Development:
On February 9, 2025, President Trump announced that he has directed the U.S. Treasury Department to cease the production of new pennies, citing the high cost of minting the 1-cent coin. The U.S. Mint reported that each penny costs almost 4 cents to produce. This decision aims to reduce government expenses and follows the example of other countries that have phased out low-denomination coins.
