Donald Trump has officially launched the $TRUMP meme coin
Welcome to Boztech blogs, traders! Today marks a major milestone in the world of cryptocurrency, as elect-president Donald Trump has officially launched his own meme coin, $TRUMP. Just days after its debut on Friday, the coin quickly surged to a market capitalization of $9.82 billion, reaching an eye-popping peak of over $15 billion by Saturday. This bold move is part of Trump’s growing presence in both crypto and merchandise sales as he gears up for his inauguration.
With $36.15 billion in 24-hour trading volume and Melania Trump launching her own meme coin shortly thereafter, the crypto world is abuzz. Stay tuned for an upcoming post later this week, where we’ll dive deeper into Melania’s meme coin. For now, keep reading to learn more about $TRUMP!
The big Trump coin launch
On X (formerly known as Twitter), Donald Trump announced in a post about the launch of his coin that it is available for purchase now. He also added that it’s time to celebrate everything we stand for, which is winning. The meme coin’s website states that 80% of the token’s supply will be owned by CIC Digital LLC, a company affiliated with Trump. The company currently has a market capitalization of $9.82 billion. It’s all-time high reached $75.35, but it is now trading at $50.60.
When Donald Trump announced the launch of the $TRUMP meme coin on January 19th, 2025, few expected the rapid rise that followed. Within hours of its debut, the coin surged in value, quickly crossing $9 billion in market capitalization and peaking at $15 billion on Saturday morning. For context, $TRUMP’s market debut surpassed that of many traditional, well-established cryptocurrencies and instantly became a focal point of discussion in the crypto world.
What makes this launch so intriguing isn’t just the financial success, it’s the involvement of one of the most recognized political figures in modern history. Trump vowed to be a “crypto president,” and his launch achieved immediate success. In the world of meme coins, such a development is unprecedented. Although we are aware that meme coins lack inherent economic or transactional value, they are often viewed as speculative assets. Coins like Dogecoin and Shiba Inu have previously risen to fame through viral moments and celebrity endorsements, but with Trump’s brand behind it, $TRUMP has a unique edge that other meme coins lack: political clout and international recognition.
Despite being launched in a volatile space often driven by hype, $TRUMP has captured the imagination of crypto traders worldwide. By Sunday, the coin had a trading volume of $36.15 billion, signaling an overwhelming demand. As attention continues to grow, it seems the coin’s future is anything but uncertain.
The $TRUMP coin is quickly gaining popularity, but it’s important to look at the bigger picture of Trump’s involvement in cryptocurrency. He has shown a strong dedication to the crypto world, aiming to be a leader in digital currencies from the start. Trump has always talked about how he plans to shape America’s role in the digital economy. After winning the 2024 presidential election, he focused on making the U.S. the “crypto capital of the world.” This vision had an immediate effect: Bitcoin prices soared, reaching over $100,000 within a month of his win.
In fact, the global crypto market experienced a shocking $1.8 trillion surge in 2024, with $1 trillion of that increase coming within just weeks of Trump’s victory. This growth can be attributed to his promises of easing regulations on crypto firms and creating a more favorable environment for innovation.
As part of his broader branding strategy, Trump has already seen massive success with product releases like perfumes, limited-edition $100,000 “Trump Watches,” NFT cards, and even Trump-branded Bibles. The $TRUMP coin fits neatly into this larger portfolio of products and ventures, offering another way for Trump to capitalize on his influence and expand his merchandise empire.
As we know, a few days ago, a fake coin was circulating, but this time it’s the real one. Today, January 20th, was supposed to be the day he took the presidential oath, which caused the price to rise. However, once the oath took place, the price started to drop, and many investors made profits from the price fluctuation.
The coin was first listed on the Bitget exchange, where its value rose to $26. Then, just yesterday, it was added to Binance, pushing its price up to $70. This morning, it peaked at $66, but after the oath ceremony, it has now dropped to $49.
The Meme coin phenomenon
Meme coins have historically been viewed with a degree of skepticism in the crypto world. Coins like Dogecoin and Shiba Inu became popular due to internet culture, viral moments, and celebrity endorsements, rather than solid technological foundations. However, the success of these coins proves that in cryptocurrency, perception is often more powerful than fundamentals.
What makes $TRUMP unique is that, unlike many meme coins, it’s not just a project born out of internet memes and social media hype. With Trump’s involvement, $TRUMP is tapping into a much broader cultural and political moment. His branding power and media influence lend the coin a certain level of legitimacy that other meme coins simply don’t have.
What do you think is next for $TRUMP?
The $TRUMP meme coin may have had an explosive start, but whether it can maintain its momentum remains to be seen. Meme coins are notoriously volatile, often fueled by speculation, social media trends, and celebrity influence. However, with Trump’s extensive brand power and his ambitious vision for cryptocurrency, $TRUMP could very well be a mainstay in the market for years to come.
One thing is clear: the coin has sparked conversations not just about Trump, but about the future of digital currencies. As the U.S. government moves closer to embracing cryptocurrency under Trump’s leadership, $TRUMP could serve as a bridge between political power and the growing crypto movement.
Wrapping up
So readers what do you think? Will the $TRUMP coin continue its meteoric rise, or is it just another passing trend? Comment below and let us know.
At Boztech, we always recommend doing your own research before investing. While we provide the latest news and insights based on expert advice and analysis, it’s important to understand that the crypto market can be unpredictable. Our goal is to help you stay informed, but the final decision is always yours.
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