- President-elect Donald Trump launched an official Solana meme coin called TRUMP ahead of his inauguration.
- The coin reached a $1.5 billion market cap with $680 million in trading volume.
- Posts promoting the coin appeared on Trump’s X and Truth Social accounts, with website deployment matching previous NFT launches.
- The token supply consists of 1 billion coins, with 80% locked for gradual release over three years.
- Initial skepticism subsided as authentication signals emerged, including connections to CIC Digital.
Presidential Meme Coin Launch Rocks Crypto Markets
President-elect Donald Trump introduced a Solana-based cryptocurrency token called TRUMP on January 18, 2025, generating $680 million in trading volume within hours. The announcement came through his official social media channels, marking an unprecedented merger of presidential influence and cryptocurrency markets.
Authentication and Technical Analysis
The token’s legitimacy received support from blockchain analysts who identified similarities between the official website deployment and Trump’s previous NFT collections. CIC Digital, the same company behind Trump’s NFT projects, appears as the official licensee.
On-chain data from DexScreener shows the token reaching $7.31, with a circulating supply of 200 million tokens. The remaining 800 million tokens remain locked in a three-year vesting schedule, creating a current market capitalization of approximately $1.5 billion.
Cryptocurrency Policy Implications
This launch aligns with Trump’s pro-cryptocurrency campaign platform and follows his involvement with World Liberty Financial, a decentralized finance initiative. The timing, just days before his inauguration, suggests potential policy shifts in cryptocurrency regulation.
The project raised questions about regulatory compliance, particularly regarding the use of non-U.S. exchanges like Binance and Gate for initial liquidity. Market observers note this could influence upcoming executive orders related to cryptocurrency regulation, which the incoming administration is expected to address immediately after taking office.
The TRUMP token represents the first instance of a U.S. president-elect directly participating in cryptocurrency markets through a branded digital asset, setting a precedent for political figures’ engagement with blockchain technology.
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