What Is the TRUMP Memecoin?
Learn about the Donald Trump-linked memecoin that caused a major splash in the crypto world.
Updated February 21, 2025 • 2 min read
Summary
TRUMP is a memecoin linked to US President Donald Trump. Launched on January 17, 2025, on the Solana blockchain, TRUMP saw a rapid surge in value—at one point reaching a peak price of nearly $75 per token, with a fully diluted market valuation in the tens of billions of dollars. The token’s success has been largely due to promotions by Trump via his social media channels and the involvement of Trump-affiliated companies.
What Is TRUMP?
Marketed as “the only official Trump memecoin,” TRUMP launched on January 17th, 2025, shortly before Trump’s second Presidential inauguration. The Solana-based token features a logo depicting Trump raising his fist—an image that gained prominence following the 2024 assassination attempt against him.
The token was launched by two entities associated with the Trump Organization: CIC Digital LLC and Fight Fight Fight LLC. Through these entities, Trump Organization collectively owns 80% of the total token supply, which is a notably large portion of a token launch to be held by the launching organization.
TRUMP’s success comes from Donald Trump’s celebrity. Trump took to social media platforms including X (formerly Twitter) and Truth Social to promote the token.
Market Reaction to TRUMP
The launch of TRUMP made quite the splash in the crypto world. Within just hours of launching, the price of the token had risen from $7 to around $75 – the token’s all-time high. The surge in price caused its fully diluted valuation into tens of billions of dollars, and prompted significant media hype and speculative trading as its price continued to fluctuate. A similar memecoin based on the First Lady called MELANIA was also launched.
After the initial price surge, however, TRUMP experienced a significant price decline. With companies associated with Trump controlling 80% of the token supply, some analysts raised concerns over market dynamics, comparing its structure to other highly centralized token launches where large stakeholders hold significant influence over price movements. Some analysts have also discussed the ethical concerns surrounding Trump launching such a project from his position of power.
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What’s Next for TRUMP?
The future of TRUMP depends on many factors, ranging from political developments to regulatory shifts. Proponents of the memecoin argue that the token might soar to new heights, with anticipated pro-crypto policies, including the creation of a strategic bitcoin reserve, still to be delivered by the Trump administration. Others, however, have pointed out the possibility of further decline in the token’s price if the hype surrounding it begins to fade.
Regardless of how it is perceived, however, TRUMP makes clear the transformative influence of memecoins, and in fact the wider crypto ecosystem today. Making use of memecoins to promote brands and ideas, once a niche and obscure practice, has now been done by one of the most high profile individuals in the world, highlighting the burgeoning levels of mainstream crypto adoption in recent years. Whether investing in TRUMP or any other memecoin, remember to do your research.
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