$TRUMP Memecoin: Everything You Need To Know

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.

How Is $TRUMP Doing in the Market?

• Starting Price: The coin’s price shot up quickly after launch, but that’s mostly because of hype.
• Current Price: As of January 18, 2025, $TRUMP is worth $28.77 per coin.
• Market Value: The coin’s total value is $5.74 billion right now, and if all the coins were released, it would be worth $28.69 billion.
• Trading Volume: Over $8.45 billion worth of $TRUMP was traded in just 24 hours, but this is mostly speculation, not real demand.

The numbers might look impressive, but they’re based on hype, not actual usefulness.

What Concerns Are There With $TRUMP?

• Lawsuits: If you buy $TRUMP, you’re agreeing not to join any class-action lawsuits unless you write to the company within 30 days. This makes it hard for buyers to fight back if something goes wrong.
• Trump’s Control: With 80% of the coins in Trump’s hands, this isn’t a fair or decentralized project. Trump’s team has all the power.
• No Real Purpose: Critics say $TRUMP isn’t advancing crypto in any way. It’s just about making money for Trump.

How Is It Being Sold?

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.

Why You Should Think Twice

• People Have Lost Money Before: Trump’s previous NFT projects left many buyers with losses. This coin looks like more of the same.
• It’s Risky: Meme coins are unpredictable. They can lose value just as fast as they gain it.
• Trump Owns Most of It: With so much of the coin controlled by Trump-affiliated companies, small investors are at a big disadvantage.

Which Blockchain Is $TRUMP On?

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?

What Is the $TRUMP Contract Address?

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.

Final Thoughts

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.