( $TRUMP )In early 2025, the cryptocurrency landscape witnessed an unprecedented event: the launch of the Official TRUMP (TRUMP) meme coin, directly associated with U.S. President Donald Trump. This coin not only captivated the crypto community but also stirred political and ethical debates, marking a significant intersection between digital assets and political influence.
Launch and Meteoric Rise
On January 17, 2025, the $TRUMP coin was launched on the Solana blockchain, aiming to commemorate Donald Trump's electoral victory. Within hours, its market capitalization soared, reaching over $15 billion, and it quickly became one of the fastest-growing meme coins ever introduced.
The $TRUMP coin's rapid ascent was fueled by its listings on major cryptocurrency exchanges, including Binance, Coinbase, and Robinhood, enhancing its accessibility and liquidity.
Tokenomics and Distribution
The coin was introduced with an initial supply of 200 million tokens, with plans to release an additional 800 million over the next three years, capping the total supply at 1 billion.
However, the distribution raised eyebrows:
80% of the total supply was allocated to the coin's creators and CIC Digital, an affiliate of the Trump Organization.
Only 10% was made available for public distribution, leading to concerns about centralization and potential market manipulation.
Market Performance and Volatility
