As of April 27, 2025, the TRUMP coin is seeing significant market trading on Binance, led mostly by recent news and updates on former President Donald Trump.
Latest Market Performance
Price: Around $12.23 USD per TRUMP token.
24-Hour Change: A decrease of 6.16%.
Market Capitalization: Around $2.45 billion USD.
24-Hour Volume: Approximately $2.08 billion USD.
Total Supply: 200 million tokens.
Latest Updates VIP Gala Dinner Invitation:
The highest 220 TRUMP token holders are invited to a gala dinner with Donald Trump on May 22 at his National Golf Club. The highest 25 holders are also invited to a VIP reception and White House tour. The invitation triggered a price rise of up to 71%, with the token reaching an intraday high of $16.17 before closing at $13.39.
Ownership Concentration:
TRUMP entities such as CIC Digital LLC and Fight Fight Fight LLC own about 80% of the supply of the coin. These entities have made a tremendous amount of money, earning about $1.6 million in fees in a day of the news of the dinner announcement.
Ethics Concerns:
The bill has been criticized by legislators and ethics specialists, who argue that providing sole access to the president in exchange for holding cryptocurrency poses potential conflicts of interest and profiteering concerns based on political power.
Market Outlook:
While the $TRUMP coin has recently been given a boost by publicity galas, experts caution that the currency can decline once the gala incentive fades. Investors are advised to stay informed and consider the potential risk involved in such politically affiliated cryptocurrencies.
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