The meme coin TRUMP is a virtual currency officially announced by former U.S. President Donald Trump on January 18, 2025.
The token is designed for his supporters and those who espouse his ideals and is based on the Solana blockchain. More information is organized below.
Trump coins are most easily purchased from MOONSHOT (no driver’s license or other proof required).
See below for more details on how to purchase.
Basic Information
- Token Name: TRUMP
- ssue Date: January 18, 2025
- Total supply: 1 billion tokens
- Initial release quantity: 200 million
- Platform: Solana blockchain
Purpose and Background
The TRUMP token is intended to foster unity among Trump’s supporters and community.
The coin will be promoted as more than just a meme coin and will serve as a digital asset that embodies Trump’s political brand and values.
According to the official announcement, they are not securities or assets for investment, but “forms of support” with symbolic meaning.
Trump used his social networking platform, Truth Social, and other social media (e.g., X, formerly Twitter) to promote it, attracting a lot of attention.
Prices and Market Trends
- Price at the time of issue: approx. $0.20
- Highest price after surge: approx. $24
- Immediately after the issue, the price rose approximately 120 times in one day.
- Volatility: Sharp price fluctuations in the first few days following the announcement, and is perceived as a high-risk asset.
Translation
Ownership Structure
The majority (80%) of the TRUMP token supply is held by the following two Trump-related companies:
- CIC Digital LLC
- Fight Fight Fight LLC
These tokens are subject to a lock-up schedule (cannot be traded for a certain period), and will be gradually released into the market over three years. This mechanism is intended to limit the short-term market supply and maintain some degree of price stability.
Translation
Ownership Structure
The majority (80%) of the TRUMP token supply is held by the following two Trump-related companies:
- CIC Digital LLC
- Fight Fight Fight LLC
These tokens are subject to a lock-up schedule (cannot be traded for a certain period), and will be gradually released into the market over three years. This mechanism is intended to limit the short-term market supply and maintain some degree of price stability.
Advice for Investors
TRUMP tokens are gaining popularity as meme coins and have support due to their political background, but the following points should be noted:
- Due to the high price volatility, careful investment decisions are necessary.
- It is recommended to confirm detailed information about the token’s utility and specific use cases.
- Conduct thorough research from reliable sources before investing.
How to buy the meme coin “TRUMP”
The easiest way to purchase TRUMP coins is through MOONSHOT (no ID verification required).
You can deposit funds into MOONSHOT by sending Solana cryptocurrency to your wallet. It seems that deposits from Japan using credit cards are not yet supported.
Therefore, if you are in Japan, you first need to deposit Japanese yen at a cryptocurrency exchange that handles Solana, or exchange your existing cryptocurrency for Solana, and then send it to MOONSHOT.
