$TRUMP Sure! Here's a rewritten, simplified version of the information about the Coin – What You Need to Know
**What is it?is a meme cryptocurrency launched in January 2025 and connected to Donald Trump. It runs on the **Solana blockchain** and quickly gained attention for its political branding and promotional events.
**Launch Details:**
- Total supply: **1 billion tokens**
- Publicly released: **200 million**
- Controlled by Trump-affiliated entities: **800 million**
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### **Why It’s Trending**
**Gala Dinner Invite:**
The coin made headlines when it was announced that the **top 220 holders** would get invited to a **gala dinner** with Trump on May 22, 2025.
- **Top 25 holders** get VIP perks like a special reception and tour.
**Market Reaction:**
After the announcement:
- Price jumped over **60%**, hitting **$16.17**
- Settled around **$13.39**
- Over **$5 billion** in daily trading volume
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### **Trading Info**
- **Exchanges:** Available on **OKX**, **Binance**, and **Kraken**
- **Popular Pairs:** TRUMP/USDT, TRUMP/USD
- **Current Price:** Around **$12.25**
Controversy & Criticism**
- Critics argue Trump’s involvement in a crypto project while in office may raise **ethical concerns**.
- A proposed bill, the **MEME Act**, aims to ban sitting presidents and officials from promoting cryptocurrencies to avoid conflicts of interest and manipulation.
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