$TRUMP Memecoin Overview

Launched on January 17, 2025, on the Solana blockchain, $TRUMP is a memecoin linked to Donald Trump. Out of the total 1 billion tokens, 800 million are held by the Trump Organization, while the remaining 200 million were distributed via an ICO.

The token peaked at $74.27 but has since dropped to $13.16 as of April 2025—a 62% decline year-to-date.

However, $TRUMP recently saw a 60% rally following the announcement of an exclusive dinner with Trump on May 22 for the top 220 holders, to be held at Trump National Golf Club.

Despite the hype, critics argue the project is highly speculative and raise concerns over potential manipulation and conflicts of interest, given its ties to a former president.