In 2025, Donald Trump entered the crypto space with the launch of his own meme coin, $TRUMP, built on the Solana blockchain. The project started with a total supply of 1 billion tokens, 200 million of which were released to the public. A unique marketing push included a contest where the top 220 holders could win a private dinner with Trump, sparking a surge in demand and a 50% price spike. The coin quickly became a hot topic, drawing both strong support from fans and criticism over ethical concerns. Many questioned the blending of political influence with personal profit. Despite the controversy, the $TRUMP coin reportedly generated hundreds of millions in revenue, reflecting the increasing influence of crypto in political arenas.
