On the morning of January 18, 2025, the eastern hemisphere of the world woke up to a pleasant surprise; an unprecedented event in crypto history that has the potential to completely disrupt traditional finance sectors. Donald Trump, the president-elect of United States of America, mere days before his oath taking ceremony, chose to refer himself as “crypto president” and launched a memecoin “Official Trump” ($TRUMP) for his fans.
As we speak, the Solana based memecoin “Official Trump” has gained an astonishing 10000% rise in less than 24 hours of its launch and is currently trading at $31 with collective market cap at an astonishing $6.33 Billion.
This new coin entered the market with a boom, within just three hours of its release the coin exploded to $6.33 billion in market cap. The token took a robust start, as within 3 minutes of its release it increased by almost 300% with a trading volume of $1 Billion as per the CoinGecko data.
Initially the community has concerns whether scammers had come up with a fake token to dupe Trump fans. But later on, the concerns disappeared when Trump posted about this token on their official X (formerly Twitter) account. Moreover, Slorg, a member of Jupiter’s Core Working Group through more light on this and said, “This is the real Trump coin. We have approved it to the Jupiter strict list.”
So this is the debut story of the TRUMP meme coin and now it’s time to dig deep into the topic and discuss its inspiration, how can you buy a Trump Meme Coin, and its future predictions.
Inspiration Behind Trump Meme Coin
The Trump meme coin features an inspiring portrait of Donald Trump bleeding from his right ear, with his fist clenched high in the air and him yelling “fight, fight, fight.” The iconic picture is from July 13, 2024 when Trump faced an assassination attempt during a rally in Pennsylvania.
The meme coin celebrates the fighting spirit of the American President Trump. It embraces the moment when the bullet strikes Trump in the upper right ear and despite being wounded, he chose to show a resilient face. Now, FIGHT FIGHT FIGHT, has become the official slogan of this meme coin.
How To Buy Trump Meme Coin?
You can buy $TRUMP meme coins directly through the website GetTrumpMemes. The website provides you the Solana Contract Address of the token and direct options to buy through a debit card or crypto.
Source: GetTrumpMemes
You can also buy the coin Solana-based exchange like Jupiter and a non-custodial wallet like Phantom. The token address is available on its official website, CoinMarketCap and SolScan. You can buy it through SOL or another token that is compatible with the Solana blockchain.
Trump Memecoin Analysis And Predictions
The experts believe that soon TRUMP meme coin will join the list of top meme coins to buy earlier this year. Anthony Pompliano, the Founder & CEO of Professional Capital Management encouraged the launch and its initial performance and said, “Financial markets are not ready for what is ahead — buckle up.”
Source: Coinmarketcap- OFFICIAL TRUMP (TRUMP) 24-hour performance
At the time of writing the OFFICIAL TRUMP (TRUMP) is trading at the price of $32.35 with $6.33 Billion market cap. The 24-hour trading volume of the coin was $4.41 Billion and in the last 24 hours, the memecoin surged by almost 211.17%.
Source: GetTrumpMemes- Allocation of OFFICIAL TRUMP (TRUMP) meme coin
$TRUMP token has a total supply of 1 billion units and the current circulating supply of the token is 200 million. The remaining supply will be released gradually over three years. Moreover, 80% of tokens are allocated to the creators and CIC Digital, subject to a lock-up period of 3 to 12 months.
Experts, the market, celebrities, and the community are looking bullish on this new meme coin. The reason behind this is that this is not any other ordinary meme-coin it is associated with the world’s biggest personality Donald Trump.
Traders Took TRUMP Meme Coin To Next Level
Just after some traders took advantage of the opportunity and booked huge profits. According to the lookonchain data, 90 seconds after Trump announced the launch of $TRUMP a trader spent approximately 1.1M $USDC to buy 5.97 Million $TRUMP. So far, he sold 543K $TRUMP for $404K. He holding onto 5.43 Million $TRUMP, for a total profit of over $20M!
Another trader bought 6.1 million TRUMP tokens for 2.72 million USDC. The trader then sold 5.52 million TRUMP tokens for a price of $6.38 million, leaving behind 575,334 TRUMP meme coins. By making these profitable trades these traders prove that if you want to make money you have to be an opportunist.
Final Thoughts
The Official Trump ($TRUMP) memecoin has made a significant impact since its launch smashing a multi-billion dollar market cap within hours. The token, which was confirmed legitimate through Trump’s own social media announcement, draws inspiration from a reported campaign rally incident and has attracted attention from both retail traders and notable crypto figures.
Experts have high expectations from this meme coin and why not, it is associated with the world’s biggest personality Donald Trump. However, only time will tell whether the Trump token will reach or touch the lows.
Also Read: Trader Turns $1M Into $90M with Trump’s New Memecoin
