The President of the United States, Donald Trump, has launched his official meme coin called Official Trump (TRUMP) token. The token is associated with Trump and was initially met with hesitancy due to concerns of a potential hack, but gained momentum once its authenticity was confirmed. It quickly reached an all-time high of $73.43 but has since fallen over 60% and is currently trading at around $29. The token is launched on the Solana blockchain and has a total supply of one billion coins, with 800 million owned by Trump-owned corporations and 200 million in circulation. It has gained fast adoption and has been listed on various exchanges. The token is currently being used for bookings on Travala. It can be purchased through traditional methods or from major exchanges. However, investors should do their research as the token's price may be volatile.
Content Editor ( crypto.news )
- 2025-02-04
What is the Official Trump token? Trump’s crypto explained
