The Official Trump token ($TRUMP) is a meme cryptocurrency launched by President Donald Trump on January 17, 2025, built on the Solana blockchain. Initially, it experienced a rapid surge, reaching a market capitalization of over $15 billion within days.
Current Market Performance
As of March 1, 2025, $TRUMP is trading at approximately $13.40, reflecting a 5.68% increase over the past 24 hours. Its market capitalization stands at around $2.68 billion, with a circulating supply of 199,999,554 tokens.
Price Volatility and Investor Impact
Despite its initial surge, $TRUMP has experienced significant volatility. After peaking on January 19, its value declined by over 80%, leading to substantial losses for investors. Supporters reportedly lost more than $12 billion during this downturn.
Future Outlook
Price predictions for $TRUMP vary:
CoinCodex forecasts an average price of $133.19 in 2025, with a potential high of $234.64 in February and a low of $50.50 in January.
Traders Union projects the price may reach $18.28 by the end of 2025 and $33.96 by the end of 2029.
Considerations for Investors
Meme coins like $TRUMP often lack significant utility and are primarily driven by social and entertainment factors. The U.S. Securities and Exchange Commission (SEC) has classified meme coins as collectibles rather than securities, indicating they do not fall under SEC regulations.
Investors should exercise caution, conduct thorough research, and consider their risk tolerance before investing in such volatile assets.
