Understand OFFICIAL TRUMP in one article

2/24/2025, 7:09:55 AM
Beginner
Quick Reads
TRUMP is a Meme coin launched by Donald Trump on social media based on the Solana blockchain. With the influence of Trump, its market value skyrocketed after going live, supporting multiple payment methods and used in scenarios such as travel bookings. However, it has been controversial due to price fluctuations, centralized distribution, and Trump's attitude issues.

OFFICIAL TRUMP Source and Development

In January 2025, Donald Trump, the elected President of the United States, released a MEME coin named Trump on his social media platform Truth Social, aiming to celebrate Trump’s victory in the presidential election and the upcoming inauguration. The official website refers to it as the “only official Trump Meme,” expressing support and interactive expression of the ideas and beliefs embodied by the “TRUMP” symbol and related artworks, rather than an investment product.
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Image Source:https://gettrumpmemes.com/#how-to

The project uses ‘Fight, Fight, Fight’ as its slogan to call on supporters to buy tokens and join the community. The project team also promotes through various social media channels, sparking discussions and sharing among community members, rapidly spreading the project globally, attracting numerous investors and users to participate. Utilizing the dissemination effect of the Internet and social media, it has formed a strong community-driven force.

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Image Source:https://gettrumpmemes.com/#how-to

After TRUMP went online, the price trend was amazing. The opening price was $0.1824, and it soared to $38.33 within 12 hours, an increase of over 20,000%. Its market value once exceeded $30 billion. Such a rapid increase made it the focus of the cryptocurrency market at that time, attracting a large number of investors to enter, and gathering high popularity in a short period of time. Its market value far exceeded the valuation of the Trump Media & Technology Group (DJT), making it one of the fastest-growing meme coins in history.

The subsequent price fluctuations of TRUMP are influenced by multiple factors. For example, on January 19, 2025, Melania, the wife of Trump, announced the launch of Melania Coin (MELANIA), which immediately caused fluctuations in the price of TRUMP coin. Social media public opinion, political events, and the overall market situation will all affect its price. When news related to Trump appears, the coin price often changes accordingly, and market sentiment and investors’ attitudes towards risk assets will also affect its valuation.

The total supply of TRUMP tokens is 1 billion, with 80% held by Trump’s companies CIC Digital LLC and Fight Fight Fight LLC, and planned to be gradually unlocked over the next three years. This highly concentrated distribution model lays the groundwork for controversy in the project’s future development, sparking market doubts about ‘internal manipulation’ and ‘veiled corruption’.

OFFICIAL TRUMP Token Economy

OFFICIAL TRUMP token is a MEME coin launched by Donald Trump on January 18, 2025. The official website defines it as an expression of supporting and practicing the ideas embodied in the symbol “$TRUMP” and related artworks, rather than an investment product. TRUMP is issued on the Solana blockchain with a total supply of 1 billion tokens, initial circulating supply of 200 million tokens, and gradually increasing to 1 billion tokens over the next 3 years.

There was a significant price volatility after TRUMP was launched. Within the first few hours, the market value skyrocketed by over 800%, with prices soaring in a short period of time, reaching as high as $73.43. However, the price subsequently plummeted significantly, influenced by factors such as the overall market conditions, competing tokens (such as MELANIA coin launched by Melania), making the price trend extremely unstable.

As of February 18, 2025, the market circulation of TRUMP token is 200 million, with a token price of 16.666 US dollars, and a market value of approximately 3.72 billion US dollars.

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Image source:https://www.gate.io/trade/TRUMP_USDT

The total supply of TRUMP tokens is 1 billion, 80% of which is held by CIC Digital and related entities under Trump’s company, with complex lock-up and unlock arrangements, each with different lock-up periods and unlock ratios, and a daily unlock frequency; Liquidity and public distribution account for 10% each, and 100% unlock at the start of the project.

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Image Source:https://gettrumpmemes.com/#how-to

According to the linear release mechanism, different groups will unlock daily at a predetermined ratio after the lock-up period, gradually increasing the market circulation. The TRUMP token will be fully unlocked within three years. The unlocking schedule is as follows:

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Image Source:https://gettrumpmemes.com/#how-to

According to the data statistics from Solscan.io, there are currently a total of 712,054 holding addresses for the TRUMP token, but the top 10 addresses account for approximately 92% of the holdings. The address ranked first is the official team’s address, accounting for 80%, indicating a relatively concentrated distribution of holding addresses.
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Image Source:https://solscan.io/token/6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN#analytics

From the perspective of token distribution, 80% of the tokens are highly concentrated in the hands of the development team and companies associated with Trump, criticized by the market as a ‘textbook-style scam,’ suggesting the possibility of internal manipulation of prices and seeking personal gain. At the same time, Trump had previously criticized cryptocurrencies as a ‘fraud,’ but later issued related tokens, a shift that raised questions about his motives, accused of cashing out using his presidential position. The emergence of forked coins has also been criticized by the public as ‘family-style harvesting,’ further affecting the project’s reputation.

The project has been integrated with the travala platform, allowing holders to use TRUMP to book flights, hotels, and other travel activities. However, fundamentally, it is still mainly a meme coin, and the expansion of application scenarios is still in its early stages. Users can purchase through traditional payment methods such as debit cards, Apple Pay, Venmo, etc.; they can also exchange with cryptocurrencies like Solana (SOL), USDC, etc.; and they can trade on mainstream cryptocurrency exchanges such as Gate.io, Binance, Bybit, etc.

Click the link to trade on Gate.io.https://www.gate.io/trade/TRUMP_USDT

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Image Source:https://gettrumpmemes.com/#how-to

Meme tokens typically lack practical utility and face extremely high volatility and market uncertainty. The investment risk is high, and investors need to make cautious decisions and act within their means.

Trump Memes technical foundation

The project is based on the Solana blockchain, which has high throughput and low latency, supporting fast transaction confirmation and processing, meeting the needs of a large number of users for token trading and interaction at the same time. Solana’s Proof of History (PoH) and Proof of Stake (PoS) hybrid consensus mechanism ensures network security while improving the performance and efficiency of the blockchain, providing a stable underlying support for the issuance, circulation, and trading of TRUMP tokens.

The team has adopted digital asset-related technology to create and manage the TRUMP token, giving it unique digital identity and properties, which can be securely transferred, stored, and traded on the blockchain network. Users can hold and manage their TRUMP tokens through encrypted wallets, utilizing blockchain’s encryption technology to ensure the security and privacy of assets.

Risk Warning

The TRUMP token is released on Trump’s social media platform Truth Social, with the slogan ‘Fight, Fight, Fight’, calling on supporters to buy tokens and join the community. The token issuance is deeply tied to the Trump brand, attracting a large number of fans. However, the overall price volatility of meme coins is significant, and $RUMP is clearly affected by market sentiment and social media public opinion, making investors vulnerable to high risks. In addition, the regulatory policies for cryptocurrencies are not clear, and the project may face regulatory risks.

Author: Minnie
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
* This article may not be reproduced, transmitted or copied without referencing Gate. Contravention is an infringement of Copyright Act and may be subject to legal action.

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