The Trump Coin ($TRUMP) is a cryptocurrency launched in early 2025 during Donald Trump's presidency. It was introduced as a meme coin on the Solana blockchain—a fast-growing platform for digital assets. The coin gained massive attention, with its price surging over 300% overnight, briefly hitting a market value of around $14.5 billion. However, like many meme coins, its value has since dropped significantly.

What makes Trump Coin unique—and controversial—is that Trump himself benefits from it. His companies kept 800 million tokens (out of 1 billion total), which are set to be gradually released over three years. This has raised serious conflict-of-interest concerns, as critics argue a sitting president shouldn’t be profiting from a financial asset that could be influenced by his policies.

The launch of Trump Coin has also inspired hundreds of copycats, with over 700 imitation cryptocurrencies popping up—many using the Trump family’s name. Meanwhile, lawmakers have responded by proposing new regulations to ban politicians from launching personal cryptocurrencies, fearing potential insider trading and manipulation.

In short, Trump Coin started as a wild financial experiment, quickly became a multi-billion-dollar sensation, and is now at the center of an intense debate over ethics, regulation, and the future of political influence in cryptocurrency.