Official Trump Price - TRUMP/USD : $8.80870

The Official Trump token (TRUMP), is a cryptocurrency memecoin launched by Donald Trump's affiliated companies, CIC Digital LLC and Fight Fight Fight LLC, just before his second inauguration as President of the United States. The TRUMP token operates on the Solana blockchain and was introduced with a total supply cap of 1 billion tokens. A significant portion, 80%, of the token's supply is controlled by Trump-affiliated entities, with a three-year unlocking schedule in place. The coin's purpose is described as an expression of support for Trump's ideals and beliefs, rather than an investment or security, highlighting its role as a cultural and political statement within the cryptocurrency space.

Following its launch, the Official Trump token quickly gained traction, reaching a market capitalisation of billions within hours and even surpassing some established cryptocurrencies in terms of market cap. Its release has been met with both enthusiasm and criticism; while some see it as a novel way to engage with Trump's supporters and the broader crypto community, others raise concerns about potential conflicts of interest due to its association with a sitting president. The token's price experienced significant volatility, reflecting the speculative nature of memecoins.