What is Trump meme coin trading at? As of June 17, 2025, the live price of the Official Trump meme coin (TRUMP) is $9.78 per token, with a 24-hour trading volume of $331.33 million. This cryptocurrency, hosted on the Solana blockchain, has captured significant attention due to its association with former President Donald Trump and its volatile market performance.
Overview of Trump meme coin
The Official Trump meme coin, launched on January 17, 2025, is a Solana-based cryptocurrency that leverages the political and cultural influence of Donald Trump. With a total supply of 1 billion tokens, 200 million were released during its initial coin offering (ICO), while the remaining 800 million are held by Trump-affiliated entities, CIC Digital LLC and Fight Fight Fight LLC. The coin’s branding, featuring an image from an assassination attempt on Trump in July 2024, has fueled its popularity among supporters and crypto enthusiasts alike.
What is Trump meme coin trading at? The current price reflects a -3% decrease from $10.13 over the past 24 hours and a -9% drop from $10.72 a week ago. Despite these declines, the coin has shown remarkable growth since its launch, reaching an all-time high of $74.27 on January 19, 2025. Its current market cap stands at $1.96 billion, ranking it #51 among tradable assets on major exchanges.
Factors influencing Trump meme coin price
Several factors contribute to the price volatility of the Trump meme coin. What is Trump meme coin trading at? Its value is heavily driven by market sentiment, social media buzz, and political developments surrounding Donald Trump. The coin’s launch just before Trump’s second inauguration amplified its visibility, leading to a rapid surge to a $27 billion market cap within a day of its ICO. However, its speculative nature and lack of inherent utility have raised concerns about long-term stability.
The concentration of token ownership is another critical factor. With 80% of tokens held by Trump-affiliated companies, critics have flagged potential risks of market manipulation. Additionally, the coin’s performance is tied to Trump’s public actions and endorsements, such as his promotion of the coin on platforms like X and Truth Social. For instance, posts on X reported a 110% surge to $64 after a dip following the launch of the Melania coin, highlighting the coin’s sensitivity to news cycles.
What is Trump meme coin trading at? The coin’s price is also influenced by broader cryptocurrency market trends. While the global crypto market saw a -2.1% decline over the past week, Trump meme coin underperformed with a -4.7% drop, compared to a 0.7% increase in similar Made in USA cryptocurrencies. This suggests that while the coin benefits from Trump’s brand, it faces unique risks tied to its meme-based nature.
Trading platforms and accessibility
What is Trump meme coin trading at? Investors can track the coin’s price on major exchanges like OKX, Gate, and Bitget, with OKX reporting the highest trading volume for the TRUMP/USDT pair at $19.29 million in a single day. The coin is also available on Coinbase, where it ranks as the #51 most popular tradable asset. Its accessibility through self-custody wallets and centralized exchanges has made it appealing to both retail and institutional investors.
The Solana blockchain’s low transaction fees and high throughput have further boosted the coin’s adoption. However, potential investors should be cautious due to the coin’s volatility and the ethical concerns surrounding Trump’s direct involvement. Experts have noted potential conflicts of interest, especially given Trump’s influence as a political figure and his promotion of the coin during his presidency.
Historical performance and market sentiment
What is Trump meme coin trading at? The coin’s historical performance underscores its volatility. After peaking at $74.27, it experienced significant fluctuations, dropping to $30 on January 20, 2025, before rebounding to $64. Social media sentiment, based on 15,359 tweets, shows a mixed outlook, with 26.89% bullish, 5.43% bearish, and 73.11% neutral. On Reddit, discussions about the coin have garnered 882 comments, with more upvotes than downvotes, indicating moderate community engagement.
The coin’s rapid rise and subsequent corrections align with the broader trend of political meme coins, which rely on cultural relevance and media attention. What is Trump meme coin trading at? Its current price of $9.78 reflects a -87% decline from its all-time high, raising questions about its long-term viability. Critics have compared its trajectory to a potential “pump and dump” scheme, with a New York Times analysis reporting $2 billion in losses for 813,294 wallets due to trading fees benefiting Trump-affiliated entities.
Risks and ethical considerations
The Trump meme coin has faced significant scrutiny. What is Trump meme coin trading at? While its current price of $9.78 may attract speculative traders, the coin’s reliance on Trump’s persona and the lack of real-world applications beyond trading raise red flags. The SEC has stated that meme coins like TRUMP do not qualify as securities, limiting regulatory oversight, while the CFTC claims jurisdiction over them as commodities, creating a complex regulatory landscape.
Ethical concerns also loom large. The coin’s launch timing, just before Trump’s inauguration, has sparked accusations of exploiting political influence for financial gain. Reports of insider trading, such as leaked information about a dinner with the president for top holders, have further fueled skepticism. These factors underscore the need for thorough research before investing in such volatile assets.
What is Trump meme coin trading at? As of June 17, 2025, the Official Trump meme coin trades at $9.78, with a market cap of $1.96 billion. Its volatile journey reflects the speculative nature of meme coins and the influence of Donald Trump’s brand.
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