$TRUMP
As of May 7, 2025, here's the latest on Trump-related cryptocurrencies and the surrounding political developments:
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š Official Trump (TRUMP) Coin
Current Price: Approximately $10.75 USD
24-Hour Change: +0.85%
7-Day Change: -15.46%
30-Day Change: +36.78%
All-Time High: $74.27 (January 19, 2025)
Market Cap: ~$2.15 billion
Circulating Supply: ~200 million TRUMP tokens
24-Hour Trading Volume: ~$477 million
Despite recent gains, the TRUMP coin remains significantly below its all-time high, reflecting market volatility and investor caution.
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āļø Political and Regulatory Developments
Ethics Concerns: Senate Democrats have introduced the "End Crypto Corruption Act," aiming to prohibit federal officials and their families from investing in or endorsing digital assets. This move follows revelations about the Trump family's potential to profit from a $2 billion stablecoin deal with a Dubai firm.
Legislative Tensions: The bipartisan GENIUS Act, initially aimed at regulating stablecoins, is facing opposition due to concerns over conflicts of interest, particularly related to Trump's crypto ventures.
Public Backlash: Over 760,000 wallets that invested in the TRUMP meme coin are reportedly in the red, highlighting the risks associated with such investments.
