๐จ Launched by Trump-affiliated companies in Jan 2025, the $TRUMP token hit the Solana blockchain with big promises and even bigger controversy.
๐น Initial Boom: $27B market cap in days
๐น Tokenomics: 1B supply, 200M public, 800M held by insiders
๐น VIP Utility: Top holders received exclusive invites to a Trump-hosted dinner and private White House-style perks
๐น Criticism: Accusations of โselling political accessโ triggered ethics inquiries
๐น Upcoming Risk: A $520M token unlock event set for July 2025 could increase sell pressure
๐น Market Impact: Over 800K wallets reportedly lost money, while insiders profited massively
๐น Family Feud: Trumpโs sons disavowed a separate $TRUMP wallet scheme amid confusion
๐ Down ~85% from January highs, the tokenโs future may hinge on regulatory responses and community sentiment.
๐ DYOR - Meme coins can be highly volatile and speculative.
๐ค With $TRUMP down over 85% from its highs and a $520M unlock coming in July, is this meme coin hype fading or just getting started?
๐ Whatโs your take: long-term play, quick flip, or exit now???
#TrumpCrypto #TRUMP #memecoin๐๐๐ #trading #TrumpTariffs
