$TRUMP The "Trump Coin," often referred to as "Official Trump" (TRUMP), is a cryptocurrency that has garnered significant attention, particularly due to its association with former U.S. President. Launched on the Solana blockchain, this memecoin aims to celebrate his leadership and embodies the "Fight, Fight, Fight" slogan from one of his campaign events.
Since its launch in January 2025, the value of TRUMP has experienced considerable volatility. It reached an all-time high of $49.26 USD on January 20, 2025, but also a low of $7.15 USD on April 6, 2025. As of April 24, 2025, the price hovers around $8-$12 USD. The market capitalization of Official Trump is substantial, reaching over $2 billion USD.
Recently, the coin's value saw a surge following an announcement of exclusive dinners and receptions with him for top holders, planned for May 2025. This event has generated both excitement and criticism within the cryptocurrency community, with some viewing it as a marketing tactic.
It's important to distinguish this Solana-based memecoin from an older cryptocurrency also called "TrumpCoin" (TRUMP), which describes itself as supporting his administration and followers. This older coin has a much smaller market capitalization and trades at a significantly lower price.
Trading of "Official Trump" is available on various cryptocurrency exchanges, including Kraken and Coinbase. However, like all memecoins, it carries a high level of risk due to its speculative nature and potential for market volatility.