Trump’s $TRUMP Meme Coin Surpasses $12 Billion Market Cap in 24 Hours

On January 19, 2025, President-elect Donald Trump unveiled his new meme coin, $TRUMP, which quickly surged in value, reaching a market capitalization of $13.3 billion by Sunday afternoon.

The coin, hosted on the Solana blockchain, celebrates Trump’s election win and upcoming inauguration.

The price of $TRUMP skyrocketed by over 300%, hitting more than $65 per token. The total market cap briefly surpassed $15 billion, and the coin’s supply is capped at 200 million tokens at launch, with plans to expand to 1 billion over three years.

The Trump Organization affiliate CIC Digital LLC and Fight Fight Fight LLC own 80% of the tokens, with revenue from trading activity going to these entities.

While the $TRUMP coin is not intended as an investment opportunity or political tool, it marks Trump’s latest venture into cryptocurrency, following his previous merchandise launches like NFTs and branded products.

Sazid Kabir

I've loved music and writing all my life. That's why I started this blog. In my spare time, I make music and run this blog for fellow music fans.

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