📰Trump’s $TRUMP Meme Coin: Controversy, Ethics & Surging Volume
In early 2025, former US President Donald Trump launched the $TRUMP meme coin on Solana — generating over $350 million in trading fees within weeks. The token skyrocketed to a $5–$14 billion valuation before crashing due to insider sales.
Recently, the top 220 holders were invited to a private dinner at Trump’s golf club — sparking major ethics concerns in US Congress about possible foreign influence and compliance violations, including potential breaches of the emoluments clause.
Meanwhile, new regulatory legislation like the GENIUS Act and CLARITY bills are being fast-tracked in Washington to address governance and token listings.
Despite major criticism, $TRUMP remains volatile but elevated — currently trading around $9 per token, with insiders holding over 80% of its supply.
Curious about how political influence shaped a crypto boom? Drop your thoughts: