$TRUMP TRUMP Coin is a political-themed meme coin launched by former U.S. President Donald Trump and his family, officially issued on January 18, 2025. It aims to combine its political influence with the speculative nature of the cryptocurrency market. The token is designed around Trump's personal image and slogan, and is issued based on the high-performance features of the Solana chain, with an initial opening price of $0.1824. Within 12 hours, it surged over 15,000%, with a market cap once exceeding $32 billion, becoming one of the highest market cap meme coins.

The total supply of TRUMP Coin is 1 billion pieces, of which 80% is held by entities affiliated with the Trump Group (such as Fight Fight Fight LLC), while the remaining portion is circulated in phases. This highly concentrated token distribution has sparked controversy, criticized as profiting from the presidential position and blurring the lines between politics and business. Its price is highly volatile, having dropped from a peak of $75 to $17 due to market sentiment and the diversion of similar tokens (such as Melania Coin MELANIA), showing extremely high speculative risk.

The promotional strategy for this token includes direct endorsement from the Trump family, viral dissemination through social media, and even marketing tactics such as “holding a coin ranking in the top 220 can participate in a private dinner with the president” to stimulate demand and further increase market enthusiasm. Although the Trump administration claims to promote crypto-friendly policies (such as relaxing regulations and establishing strategic Bitcoin reserves), the long-term value of TRUMP Coin still relies on ecological development, currently lacking real-world application scenarios, and is viewed by most analysts as a short-term sentiment-driven zero-sum game.