$TRUMP

The $TRUMP token, officially known as “Official Trump,” is a memecoin launched by former President Donald Trump on January 17, 2025, just days before his second inauguration. The token quickly gained traction, reaching a market capitalization of over $5 billion within hours and peaking at an all-time high of $75.20 on January 19. As of now, it trades at approximately $10.92, with a circulating supply of 200 million tokens and a maximum supply of 1 billion .  

The launch of $TRUMP has sparked significant controversy. Reports indicate that Trump-affiliated entities control a substantial portion of the token supply, potentially increasing his net worth by over $50 billion . This has led to ethical concerns and allegations of conflicts of interest, especially given Trump’s active role in shaping cryptocurrency policy during his presidency. Critics argue that his involvement in promoting and benefiting from the token raises questions about the intersection of personal financial gain and public office responsibilities