#Trump2024 TrumpCoin ($TRUMP), a meme coin launched by on January 17, 2025, has experienced significant volatility and developments in recent months.

Recent Developments:

Price Surge: On April 24, 2025, $TRUMP saw a 30% increase in value following news of an exclusive gala for top investors scheduled for May 22 at Trump National Golf Club in Virginia.

Market Activity: As of May 1, 2025, $TRUMP's market cap reached approximately $2.7 billion, with a 60% price surge attributed to the gala announcement.

Ownership and Distribution:

The total supply of $TRUMP is capped at 1 billion coins. Approximately 800 million coins are held by two Trump-owned entities, CIC Digital LLC and Fight Fight Fight LLC. These holdings are scheduled for gradual release over three years.

Ethical and Legal Concerns:

Democratic lawmakers have raised concerns about the legality and ethics of the $TRUMP coin, questioning potential conflicts of interest and the risk of foreign influence.

Price Predictions:

Analysts have varied predictions for $TRUMP's future price. Some forecasts suggest it could surpass $ 50 by the end of 2025, driven by increased adoption and favorable regulatory developments.

Please note that cryptocurrency investments carry inherent risks, and it's essential to conduct thorough research before making investment decisions.