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Donald Trump Launches $TRUMP Cryptocurrency Ahead of Inauguration

The meme coin, introduced on Truth Social, has surged in market value, raising billions within hours of its debut.

  • $TRUMP, a meme-based cryptocurrency, was introduced by Donald Trump shortly before his upcoming inauguration as the 47th U.S. President.
  • The coin quickly gained popularity, reaching a market valuation of approximately $13 billion within hours of its release.
  • 80% of the coin’s supply is controlled by Trump-affiliated entities, with limited availability for public trading.
  • The cryptocurrency is described as a symbolic expression of support for Trump’s ideals, not intended as a traditional investment or security.
  • Trump’s shift from a cryptocurrency skeptic to proponent aligns with his recent establishment of the World Liberty Financial platform.
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