#Trumpcoin
The term "Trump coin" encompasses various items, from commemorative coins celebrating former President Donald Trump to cryptocurrencies associated with his name. Here's an overview:
Commemorative Coins
Several commemorative coins have been minted to honor Donald Trump's presidency. For instance, the U.S. Mint released a bronze medal featuring Trump's portrait on the obverse side. The reverse side showcases the Presidential Seal accompanied by the inscription: "THE FORGOTTEN MEN AND WOMEN OF OUR COUNTRY WILL NOT BE FORGOTTEN AGAIN," referencing his inauguration speech on January 20, 2017.
Cryptocurrencies
The rise of cryptocurrencies has led to the creation of digital assets bearing the Trump name:
OFFICIAL TRUMP Coin: This cryptocurrency has experienced notable market activity. As of March 1, 2025, its price stood at $13.88, with a 24-hour trading volume exceeding $1 billion. The coin's market capitalization is approximately $2.78 billion, positioning it among the top 40 cryptocurrencies globally.
TrumpCoin (TRUMP): Another digital currency, TrumpCoin, supports the Trump administration and its conservative followers. As of recent data, TrumpCoin is priced at $0.01512, with a circulating supply of 6.6 million TRUMP tokens.
Market Dynamics
The cryptocurrency market has witnessed fluctuations influenced by political events and endorsements. Following the launch of $MELANIA, a coin named after former First Lady Melania Trump, the value of $TRUMP experienced a significant decline, dropping over 50% from a high of $75.35 to $53.40 within hours. This sharp decrease resulted in a market capitalization loss of nearly $5 billion, pushing out of the top meme coins by market capitalization.
Recent Developments
President Trump has embraced the cryptocurrency movement, branding himself as America's "first crypto president." He is set to host the inaugural White House Crypto Summit, bringing together notable crypto founders, CEOs, and investors.
