Donald Trump is back in the cryptocurrency world with a new project: the Official Trump Meme Coin ($TRUMP). Some people think it’s a fun way to support Trump, but others see it as just another way for him to make money off his fans. If you’re thinking about getting involved, here’s the full story—and why it might not be a great idea.
My NEW Official Trump Meme is HERE! It’s time to celebrate everything we stand for: WINNING! Join my very special Trump Community. GET YOUR $TRUMP NOW. Go to https://t.co/GX3ZxT5xyq — Have Fun! pic.twitter.com/flIKYyfBrC
— Donald J. Trump (@realDonaldTrump) January 18, 2025
The $TRUMP coin was launched in January 2025. It’s being advertised as a way for Trump supporters to "own a piece of the Trump legacy." But here’s the truth: it’s just a meme coin, meaning it doesn’t really do anything special. It’s more about Trump’s name than offering any real value.
Trump hasn’t called this an investment, and there’s a reason for that. Critics say it’s just another way for him to make money, like his past projects with NFTs. In most cases, those projects made him richer, but a lot of investors ended up losing money.
And as you can see from the below allocation, it's heavily favored towards Trump and his team.
The numbers might look impressive, but they’re based on hype, not actual usefulness.
The $TRUMP coin is being promoted as a way to show loyalty to Trump. It’s being pushed heavily on Trump’s social media, like Truth Social, to make his supporters feel like buying it is a political statement. But buying a coin because of loyalty doesn’t mean it’s a smart financial move.
The $TRUMP memecoin was launched on the Solana blockchain, there hasn't been any official announcements as to why this blockchain was chosen to be used. But obviously it is known for it's fast transaction speeds and low costs.
Read more: What are smart contracts?
If you’re still thinking about buying $TRUMP, here’s the official contract address on the Solana blockchain:
6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN
Be careful. Always double-check addresses to avoid scams, and remember that buying this coin is very risky.
The Official Trump Meme Coin ($TRUMP) is another example of a celebrity cashing in on their name. While Trump’s branding might attract buyers, this coin doesn’t offer any real value. It’s mostly a way for Trump and his team to make money.
If you’re serious about investing in crypto, look for projects that actually do something useful. Don’t fall for hype or political loyalty—do your research and be smart about where you put your money. And take a look at what we hold in our portfolio over in the members dashboard.
Disclaimer: This article is for educational purposes only and does not constitute financial advice. Cryptocurrency investments carry risk; you should always do your own research before making any investment decisions.