On January 17, 2025, just three days before his inauguration as the 47th president of the United States, Donald Trump officially launched his own cryptocurrency: $TRUMP , a memecoin based on the Solana blockchain. This move marked a significant shift in Trump's stance towards cryptocurrencies, moving from skepticism to active and profitable adoption.
An Explosive Launch
In its first 24 hours, the crypto reached a market capitalization of over $27 billion, with an individual valuation of up to $64 per token. Of the one billion tokens created, 200 million were offered to the public in an Initial Coin Offering (ICO), while the remaining 80% remained in the hands of two entities controlled by Trump: CIC Digital LLC and Fight Fight Fight LLC. This concentration has raised concerns about potential conflicts of interest, as Trump directly benefits from the policies he implements.
Ethical and Political Implications
Trump's active participation in the cryptocurrency market has drawn criticism from ethics experts and government oversight bodies. The possibility of foreign governments acquiring large amounts of $TRUMP raises questions about foreign influence and potential violations of the U.S. Constitution's emoluments clause.
Exclusive Events and Community
In May 2025, Trump hosted a gala dinner at his golf club in Virginia for the 220 top investors in $TRUMP, who collectively invested $148 million in the cryptocurrency. The event, which included formal dinners and gem-studded watches for attendees, was seen by many as an attempt to consolidate an exclusive community around the token.
Impact on the Crypto Market
The Trump administration has taken a pro-crypto stance, with initiatives such as the creation of a 'Bitcoin treasury' by Trump Media & Technology Group (TMTG), which aims to raise $2.5 billion to invest in Bitcoin. These actions have contributed to the increase in Bitcoin's price, which recently surpassed $110,000, and have reinforced the U.S. position as a leader in financial innovation.
Conclusion
Donald Trump's foray into the world of cryptocurrencies, especially with the launch of $TRUMP, has redefined the relationship between politics and digital finance. While some see these actions as an opportunity for innovation and economic growth, others express concerns about ethics and the concentration of power. The truth is that $TRUMP has left an indelible mark on the global financial landscape, and its evolution will continue to be a subject of attention and debate. #TrumpMediaBitcoinTreasury
