In a bold and unexpected move, U.S. President Donald Trump officially launched his own cryptocurrency — the $TRUMP token — on January 17, 2025, just three days before his second-term inauguration.
Launched on the Solana blockchain, the memecoin skyrocketed to a $27 billion market cap within 24 hours, instantly placing it among the top 20 cryptocurrencies globally. The launch has become not just a financial headline but a political firestorm.
📈 Insane Growth. Real Money.
- Launch Date: January 17, 2025
- Market Cap (24h): $27+ Billion
- Total Supply: 1 Billion $TRUMP
- Trump’s Direct Holdings: ~800 Million Tokens
According to blockchain data and insider reports, Trump and affiliated companies have generated over $350 million in token sales and transaction fees within the first few weeks. For a coin some laughed at, it’s now very real money.
⚖️ Ethics Under Fire
Critics were quick to raise red flags. With Trump still in office, many question the ethics and legality of a sitting president profiting from a cryptocurrency project.
Lawmakers including Sen. Elizabeth Warren and Rep. Maxine Waters have called for a full investigation and proposed bans on active public officials launching or benefiting from digital assets.
“We’re entering uncharted territory — when meme coins start influencing federal policy, the line between governance and grift gets blurry.”
💥 Side Effects: Melania & Binance Drama
The chaos didn’t stop with Trump’s coin. A second token — $MELANIA — launched days later, allegedly by the former First Lady, surged in volume and minted nearly $100 million in trading profits for early investors.
To top it off, a sovereign wealth fund from the UAE reportedly used a Trump-backed stablecoin to purchase $2 billion worth of Binance equity, raising national security concerns and accusations of soft corruption.
🔮 What’s Next for $TRUMP?
The $TRUMP token has shaken up both the crypto and political worlds — but no one knows how long it will last. With lawsuits, investigations, and copycat coins all circling, the line between satire and strategy continues to blur.
Should you ape in? Maybe not. But should you keep watching? Absolutely.
This is the first presidential memecoin in history — and likely not the last.
🧠 Crypto Dice Note:
Always do your own research (DYOR). This article is for news and commentary purposes only — not financial advice.
