$TRUMP
🚨 TRUMP and MELANIA Tokens Two Months Later: A Presidential Meme Coin Experiment
Launched in the days leading up to Donald Trump’s inauguration, the meme coins TRUMP and MELANIA initially attracted significant attention. However, both assets have since suffered sharp declines, now trading 85% to 95% below their peak values.
Post-Inauguration Decline of TRUMP and MELANIA
Donald Trump made history on January 17, 2025, by becoming the first U.S. president to introduce an official meme coin, TRUMP, just three days before taking office. Shortly after, Melania Trump launched her own digital asset, MELANIA, on January 19, 2025, a day before the presidential inauguration.
As of today, TRUMP's circulating supply stands at 199,999,976 tokens, a fraction of its total fixed supply of 1,000,000,000 coins. Among major holders, Binance controls 25,151,426 TRUMP (12.58% of the circulating supply) on its platform.
Key Holders of TRUMP Tokens
A pseudonymous wallet holds 16,034,161 TRUMP (8.02%) on Solana.
The token’s creator or issuing entity retains 15,019,350 TRUMP (7.51%).
Another Binance wallet holds approximately 15,000,000 TRUMP (7.5%).
Market Performance: TRUMP and MELANIA Prices on March 29, 2025
Since its launch, TRUMP has fallen 85.9% from its all-time high of $73.43, now fluctuating between $9.85 and $11.25, based on its seven-day simple moving average (SMA). The meme coin’s market capitalization has shrunk to just over $2 billion.
Similarly, MELANIA has lost 95.1% of its peak value of $13.05, now trading at $0.61 per token. With 150,000,000 MELANIA in circulation, its market cap currently stands at $95,250,797. The largest external holder is Meteora’s MELANIA-USDC liquidity pool, which holds 105,613,966 MELANIA (70.41% of the circulating supply).
What’s Behind the Decline?
The steep drop in TRUMP and MELANIA’s prices appears to reflect diminishing enthusiasm for meme coins, compounded by broader market downturns. #TRUMP #TrumpMelania #crypto #NavigatingAlpha2.0 #TrumpTariffs