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The TRUMP coin was launched on 18 January 2025. In total, there are 1 billion TRUMP coins, and 200 million will be available at the launch. The remaining coins will be issued in the next three years.
TRUMP's value surged after its presentation by more than 300% within the first few hours. It started at $0.18 and reached around $21.51, then it began trading for around $29 the next day.
The trading volume for TRUMP coins is extremely high, at about $6.64 billion just in the following days after launch, indicating very sharp investor interest.
The majority 80% of the TRUMP coins are held by two companies that have affiliations with Donald Trump.
TRUMP is a meme coin that has inspiration from Donald Trump's "Fight, Fight, Fight" slogan and was developed on the Solana blockchain. It became attention-worthy two days before Donald Trump was inaugurated as the 47th President of the United States on January 20, 2025.
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From Politics to Profit: The Soaring Rise of TRUMP Cryptocurrency
Monday, January 20, 2025 2:42 AM UTC
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