President Donald Trump threw his weight behind the TRUMP cryptocurrency on March 24, 2025, officially endorsing the digital token built on the Solana blockchain. The announcement, which promoted the coin as the “official Trump meme,” immediately sparked a market frenzy. Just like his tweets back in the day, his crypto endorsements move markets too.
Trump’s digital currency entry triggers market chaos as his blockchain influence rivals his Twitter powers.
The price jumped 10% within hours. Trading volume exploded 455% to $455.88 million in a single day. That’s a lot of digital Trump changing hands. The token’s market cap hit $2.22 billion, securing the #41 spot on CoinMarketCap. Major exchanges like Binance and Coinbase quickly listed it. Gotta chase those trading fees.
TRUMP coin features a cartoon Trump raising his fist—subtle, right? The token supply is capped at 1 billion, with only 200 million currently in circulation. The rest? Held in reserve for a slow release over three years. Many news outlets demonstrated their media bias in reporting the token launch, with different vocabularies used depending on their political alignment. And yes, Trump-affiliated entities—CIC Digital LLC and Fight Fight Fight LLC—are keeping a nice chunk for themselves. Shocking.
Despite its current price of $11.09, the token has seen better days. Its all-time high of $74.27 came back in June 2024. Recent performance shows a 34.18% drop over the last month. Not exactly winning.
The token explicitly positions itself as a collectible, not an investment vehicle. No utility, no use cases—just Trump’s brand and vibes. Value through association. That’s the game.
Not to be outdone, Melania Trump announced her own meme coin, $MELANIA. The Trump family crypto empire expands. Meanwhile, World Liberty Financial plans to flood the market with billions more tokens.
Political meme coins are apparently a thing now. Regulators are watching closely. Celebrity-endorsed cryptos always attract scrutiny. The intersection of politics and digital assets grows more complex by the day. Welcome to 2025, folks—where political loyalty comes tokenized.
