Official Trump, also known as TRUMP, is a meme token launched by President-elect Donald Trump on his Truth Social account. It's a Solana meme coin that allows users to trade and invest in it. The token's current price is around $9.97, with a 24-hour trading volume of $363 million. The market capitalization of Official Trump is approximately $1.99 billion.

TRUMP's price has been volatile, with a recent decrease of 2% in the last 24 hours and a 23% decline in the past 30 days. Despite this, some investors are optimistic about its potential, with BitMEX founder Arthur Hayes predicting that the TRUMP meme token could lead Bitcoin's rally. The token has also found use cases beyond trading, with some Trump-associated platforms allowing customers to pay for orders using TRUMP.

Market sentiment is mixed, with some investors viewing the token as a speculative investment opportunity. Cathie Wood's ARK Invest has expressed skepticism about TRUMP's value, citing its lack of real-world utility. As with any cryptocurrency, investors should exercise caution and do their own research before investing in Official Trump.