$TRUMP The Trump coin, officially known as $TRUMP, is a meme coin launched by Donald Trump on January 17, 2025, operating on the Solana blockchain. With a total supply of 1 billion tokens, 80% of it is held by Trump-affiliated entities, while 20% was released to the public. The coin's value surged to an all-time high of $74-$75, with a market cap briefly touching $11-$15 billion. However, it later shed over 75% of its value.
*Key Features:*
- *Blockchain*: Solana
- *Ticker*: TRUMP ($TRUMP)
- *Contract Address*: 6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN
- *Market Cap*: $2.6 billion (current)
*Risks and Concerns:*
- *Volatility*: Extreme price swings
- *Insider Control*: 80% of tokens held by Trump-affiliated entities
- *Regulatory Uncertainty*: Potential SEC scrutiny
- *Ethical Concerns*: Conflict of interest, market manipulation
The coin's value is driven by speculation, hype, and Trump's political influence, making it a high-risk investment.