$TRUMP The Trump Coin, also known as $TRUMP, is a meme coin associated with former US President Donald Trump. Launched on January 17, 2025, it's hosted on the Solana blockchain platform. Here are some key points about the Trump Coin ¹:

- *Launch and Initial Coin Offering (ICO):* One billion coins were created, with 200 million publicly released in the ICO, and 800 million retained by two Trump-owned companies.

- *Market Value:* The coin's market value surged to over $27 billion shortly after launch, with Trump's holdings valued at over $20 billion. However, its value has fluctuated since then.

- *Controversy and Criticism:* The coin has faced widespread condemnation from ethics experts due to potential conflicts of interest between Trump's presidential duties and his involvement in the crypto project.

- *Exclusive Dinner:* Top 220 TRUMP token holders are invited to an exclusive dinner with Trump at Mar-a-Lago, sparking concerns about bribery and conflicts of interest.

- *Price Predictions:* Analysts predict the coin's price could reach $70-$100 by late 2025 if it gains political traction, but it could drop to $5 or lower due to ongoing token unlocks and sell pressure.

Some critics, like former UK MP Rory Stewart, warn that the Trump Coin may function as a mechanism for undisclosed campaign contributions and private financial gain, allowing influential figures and businesses to influence Trump's decisions without accountability ².