On January 17, 2025, President-elect Donald Trump introduced the $TRUMP meme coin, a cryptocurrency that quickly gained significant attention in the digital asset market. Within hours of its launch, $TRUMP’s market capitalization surged to nearly $11 billion, reflecting widespread crypto trader interest.
Official Trump ($TRUMP) Meme Coin – A Complete Guide
Public.com has recently added Official Trump Coin ($TRUMP) to its list of tradable assets. This guide provides information on how to buy $TRUMP coin directly without any external wallets.
Understanding $TRUMP Coin
$TRUMP is a meme coin—a type of cryptocurrency inspired by internet memes or trends. These coins typically do not possess inherent utility and are often subject to significant price volatility. It’s essential to recognize that meme coins can experience rapid price fluctuations, and their value may be influenced by market sentiment and speculative trading.
Official Trump ($TRUMP) coin – Key Token Information
The $TRUMP coin is a recent addition to the cryptocurrency landscape, aligning with the PolitiFi and meme coin trends. Below is an overview of its key aspects:
Launch and Platform
$TRUMP was introduced on January 17, 2025, as a Solana Program Library (SPL) token operating on the Solana blockchain.
Tokenomics
- Total Supply: 1 billion tokens.
- Circulating Supply: 200 million tokens were released during the initial coin offering (ICO).
- Remaining Supply: The remaining 800 million tokens unlock periodically over the next three years.
- Ownership Distribution: 80% of the total supply (800 million tokens) is held by two Trump-owned entities, CIC Digital LLC and Fight Fight Fight LLC.
Coin Performance
- Market Capitalization: Shortly after launch, $TRUMP’s market capitalization exceeded $9 billion.
- Price Volatility: The token’s price experienced significant fluctuations, reaching over $70 per coin before stabilizing around $37.
Staking
- Currently, there are no staking options available for $TRUMP tokens.
Key Features
- Official Association: $TRUMP is promoted as the official meme coin associated with President Donald Trump, developed in collaboration with his affiliated entities.
Roadmap
- As of 01/21/24, there is no publicly disclosed roadmap detailing future developments or initiatives for the $TRUMP project.
How to buy $TRUMP coin on Public
1. Sign up for a brokerage account on Public
It’s easy to get started. You can sign up for an account directly on our website or by downloading the Public app for iOS or Android.
2. Add funds to your Public account
Fund your account within minutes – by linking a bank account or making a deposit with a debit card.
3. Choose the amount of $TRUMP meme coin you’d like to purchase
Enter $TRUMP into the search bar. Once it appears in the results, click on it to access the purchase screen.
4. Manage all your assets in one place
You can find your newly purchased $TRUMP meme coin in your portfolio—alongside the rest of your stocks, options, bonds, crypto and High-Yield Cash Account.
Why is the $TRUMP coin gaining attention?
The $TRUMP token has gained attention due to several factors:
Pro-Cryptocurrency Stance
During his 2024 presidential campaign, Donald Trump adopted a pro-cryptocurrency position, pledging to establish the United States as a leader in the crypto industry. This shift from his earlier skepticism has bolstered trader confidence in the cryptocurrency market.
Assassination Attempt and Symbolism
On July 13, 2024, during a campaign rally in Butler, Pennsylvania, Donald Trump survived an assassination attempt, sustaining a minor injury to his right ear. In his inaugural address, he reflected on the event, stating, “My life was saved for a reason.” This narrative has been embraced by his supporters, and the $TRUMP meme coin has been marketed as a “piece of history,” symbolizing resilience and determination.
Inauguration and Coin Launch Timing
The $TRUMP coin was launched on January 17, 2025, strategically timed just ahead of Donald Trump’s inauguration for his second presidential term. This timing capitalized on the heightened media coverage and public interest surrounding the inauguration, contributing to the coin’s initial surge in popularity.
Meme Coin Market Trends
The latter part of 2024 witnessed a resurgence in the meme coin market, with new tokens gaining traction amongst traders. This renewed enthusiasm provided a conducive environment for the introduction of $TRUMP, aligning with the prevailing market trends and trader appetite for meme-based cryptocurrencies.
These elements collectively explain the attention surrounding the $TRUMP token. However, it’s important to note that the cryptocurrency market is highly volatile, and trading in meme coins carries significant risks. Potential traders should conduct thorough research and exercise caution.
Understanding Cryptocurrency Risks
Before considering any cryptocurrency purchase, it’s essential to understand the associated risks:
- Cryptocurrencies, including meme coins like $TRUMP, can be highly volatile
- The value of these assets can fluctuate rapidly and unpredictably
- Cryptocurrency purchases carry the risk of significant or total loss
- Past performance does not guarantee future results
Potential traders should carefully consider their financial situation and risk tolerance before making any trading decisions.
Conclusion
Trading the Official Trump meme coin ($TRUMP) coin through Public.com includes a series of quick steps that can help you get started within minutes if you decide to trade $TRUMP coin and make it a part of your portfolio. While the process is straightforward, it’s imperative to approach trading in meme coins with caution due to their inherent volatility. Staying informed and practicing prudent trading strategies are key to navigating the dynamic cryptocurrency landscape.
