While cryptocurrency markets are no stranger to volatility, the TRUMP meme coin managed to redefine market chaos in spectacular fashion. Launched January 18, 2025 by then President-elect Donald Trump on the Solana blockchain, this digital rollercoaster ride began with a bang. The coin’s price shot from $10 to a jaw-dropping $74.59 within hours. Not bad for a day’s work.
The TRUMP coin didn’t just enter the market—it exploded onto it, turning crypto volatility into performance art.
The numbers tell a wild story. A total supply of 1 billion tokens, with only 20% available to the public at launch. The rest? Safely tucked away with CIC Digital LLC, which held 80% of the supply. Those tokens weren’t hitting the market immediately, though—locked for 3-12 months with a gradual release planned over the following two years. Smart move. Or convenient, depending on how you look at it.
Within two days, TRUMP hit a $14.5 billion market cap. Let that sink in. Then, predictably, it crashed by two-thirds. The trading volume reached a staggering $25.97 billion, with a volume-to-market-cap ratio of 328.71%. That’s not just people buying—that’s frantic trading in both directions. Eventually, the price stabilized around $52. “Stabilized” being a relative term in crypto. Much like other market volatility incidents in the meme coin space, these dramatic price swings exemplified the unpredictable nature of the segment.
Major platforms jumped on the bandwagon. Kraken, Coinbase, TradingView—they all wanted a piece of the action. Coinbase alone reported nearly $1 billion in 24-hour trading volume. Money printer go brrr.
The TRUMP coin wasn’t alone in its political meme-ification of crypto. The “Official Melania Meme” reached $1.6 billion in value. Other tokens like “Trump Second Chance” and “Mark Cuban Meme” also appeared, riding the wave of personality-driven speculation. TRM Labs provided crucial transaction analysis to monitor the integrity of these high-profile memecoins.
The risks? Obvious to anyone paying attention. High volatility, pump-and-dump potential, zero intrinsic value, regulatory questions, and 80% insider allocation. But in the world of meme coins, fundamentals take a backseat to hype and cultural momentum. Reality always comes knocking eventually, though. Always.
