**Trump Coin: A Controversial Meme Cryptocurrency**

Launched in January 2025, **$TRUMP ** is a meme coin tied to former President Donald Trump, built on the Solana blockchain. Initially priced at $7, it skyrocketed to over $74 within days, fueled by hype and political branding . However, its value has since plummeted, trading around $10 as of July 2025 amid volatility and regulatory scrutiny .

Critics accuse $TRUMP of profiting from the coin while in office, with ethics concerns over insider holdings and pay-to-play events for top buyers . Supporters see it as a pro-crypto statement, aligning with Trump’s push for deregulation .

Despite its polarizing nature, **$TRUMP #** remains a notable experiment in politically branded crypto.