The cryptocurrency market is a relative newcomer in the financial world, but its impact has been substantial. Since Bitcoin was released, thousands of other altcoins have followed in its footsteps. And while they all follow largely the same concepts and operate in very similar ways, there’s something that sets every single coin aside from its peers. That’s the only way they could have ever made it in this highly competitive environment. Recently, meme coins have become more popular among investors, mainly due to their lower price points, which make them less risky than their more traditional counterparts, as well as the fact that they bring a sense of community to all those who invest in them.
Trump coin is one of the latest additions to the market, and since it carries the name of the president of the United States there was no doubt that it was going to make a lasting impact. Here’s everything you should know about it.
What is Trump coin?
Trump coin is a digital asset that was launched to celebrate not just the president but also his supporters, according to the official website. In July 2024, Trump spoke at the largest crypto convention in the world in order to outline his support for the industry. As a result, he has been described as the first US president to be unquestionably pro-crypto. During his speech at the convention, he discussed his wish to create a strategic Bitcoin reserve. At that point, there were already several Trump meme coins out there, but TRUMP is the first one that’s official and has the president’s uncontested seal of approval.
In the first forty-eight hours following the launch, speculation became rampant, and the price skyrocketed to over $75, securing a market cap level of more than $14 billion. The hype was undoubtedly one of the reasons, as the crypto environment was already navigating a very favorable episode at the moment as a result of the predictions that an administration that looks upon crypto more favorably would be elected. During the same weekend, Melania Trump also launched her own cryptocurrency, announcing its release via X.
Over $2 billion flew into the coin during the first day, with the price surpassing the $10 milestone. The official websites of the coins contain disclaimers that the assets are not meant to be used as investment contracts or securities, as well as the fact that they are not political in nature and have nothing to do with the campaign or any government agency. By the morning of Trump’s inauguration, the Trump coin had indeed already recorded corrections that moved the price point between $40 and $50. However, this didn’t stop it from becoming a top 20 cryptocurrency.
Main features
All cryptocurrencies are similar in the sense that they’re decentralized assets that can only be bought, sold, or traded on the blockchain. However, every single coin has some unique features as well, and these are the factors that typically cause investors to choose certain coins instead of others, depending on their requirements and financial goals. For meme coins, the main thing that drives them forward is the hype. These assets are powered by internet culture, meaning that those who invest in them do so with the intent of joining a community that essentially speaks the same language as them.
For those who are uninterested in this part of the Internet, this hype can seem artificial, but its impact on meme coin markets is very much real. So, what makes Trump coin different from its peers? The asset is based on the Solana blockchain, the de facto platform for meme coins. The reason why the platform has earned this reputation is that it fostered a vibrant environment in which the assets could thrive in the first place. Its system also enables high-speed transactions and guarantees low fees, which are highly attractive features most investors look for when sampling crypto ecosystems.
The coin has a fixed supply of 1 billion tokens. Having a predetermined number of coins ensures scarcity, a feature that drives value and makes coins more profitable. In the first stage, 200 million were released on the decentralized ledger, while the remaining 800 million are set to be steadily distributed over the next three years. The main use case for the meme coin is described as an expression of endorsement, support, and acknowledgment of the beliefs and ideas of the president. The sizable international adoption has meant that value was able to build, and the market cap grew.
As a result, although Trump coin wasn’t envisioned as a standard investment opportunity, it certainly has the potential to reach that status in the future. There are definitely some who already see it as a way to diversify their portfolios. Every day, the asset sees billions of dollars in daily payments and trades, so the potential is definitely there. Trading is available through decentralized exchanges and several platforms that are exclusively dedicated to meme coins. Centralized exchanges are planning on listing the token as well in the future, boosting accessibility and engagement levels.
The fakes
Given the major hype that the coin has fueled within the crypto community, scams, and fraudulent tokens have been introduced in the market as well. Malicious actors looking to make profits by fooling unsuspecting traders are behind the schemes, so you must make sure that the assets you buy are actually what they say they are. As of the first quarter of 2025, there were approximately 130,000 Trump tokens across different blockchain. Many of those using the Trump ticker are not actually affiliated with the official project at all, so make sure that you always double-check the contract address before buying.
Scammers will always try to extract sensitive information in order to drain funds from your wallet. If you are asked to provide your seed phrases or private keys, you can be certain the coin you’re interacting with isn’t legitimate. You should also never trust links or websites that come from unreliable sources, and always take care to visit official, licensed websites only.
When you’re an investor and have integrated crypto into your portfolio, you will most likely look into other cyber assets as well. As always, you must make sure that you have a sound strategy in place before you get started so that you avoid the brunt of the losses.
