Launched on January 17, 2025, just before Donald Trump's second inauguration, the $TRUMP meme coin is a cryptocurrency on the Solana blockchain. An initial coin offering (ICO) released 200 million tokens to the public, while two Trump-owned entities retained 800 million tokens, scheduled for gradual release over three years. The coin's value surged initially, achieving a multi-billion-dollar market capitalization. However, it has since experienced significant volatility and a substantial decline in value.
