Official Trump: everything you need to know about TRUMP

What is TRUMP?

Official Trump (TRUMP) is a meme coin launched by the American president Donald J. Trump on January 17, 2025. The cryptocurrency is designed as a digital collectible without intrinsic value, intended to show support for the values that the token represents. It does not function as an investment opportunity or security.

How does TRUMP work?

TRUMP is built on the Solana blockchain, known for its high transaction speeds and low costs. As a Solana token, TRUMP benefits from the security and functionality of the Solana network.

The TRUMP token.

At the launch, 1 billion TRUMP tokens were created. 80% of these are managed by two entities controlled by Trump: CIC Digital LLC and Fight Fight Fight LLC. The remaining 20% (200 million tokens) was released during an Initial Coin Offering (ICO) on January 17, 2025. Within days of the launch, the total market value of TRUMP exceeded $14 billion, significantly increasing the value of the tokens held by Trump.

The technology behind TRUMP.

TRUMP utilizes the Solana blockchain and the Proof of Stake (PoS) consensus mechanism. This allows for fast and efficient transactions with lower energy costs compared to Proof of Work systems. The choice for Solana provides TRUMP with the opportunity to benefit from a scalable and secure network.

The TRUMP ecosystem.

The TRUMP ecosystem includes the TRUMP token and the involvement of the Trump Organization through entities such as CIC Digital LLC and Fight Fight Fight LLC. In addition, the Trump family has announced plans to make cryptocurrency more accessible to the general public through platforms such as World Liberty Financial (WLF), which focuses on stabilizing the crypto market and investing in decentralized financial projects.

Benefits of TRUMP

• High visibility: The association with President Donald J. Trump has led to widespread media attention and interest in the TRUMP token.
• Fast transactions: Thanks to the Solana blockchain, TRUMP transactions can be executed quickly and with low costs.
• Support from the community: The TRUMP token has built a loyal following that actively trades and promotes the token.

Disadvantages of TRUMP

• Volatility: Just like other meme coins, the value of TRUMP can fluctuate widely, posing risks for investors.
• Lack of intrinsic value: TRUMP is designed as a digital collectible without intrinsic value, which means it is not backed by physical assets or income streams.
• Regulatory risks: The close involvement of a sitting president in a cryptocurrency can lead to increased regulatory scrutiny and potential legal challenges.

Who is the founder of TRUMP?

The TRUMP token was founded by Donald J. Trump, the 45th and 47th president of the United States. In addition to his political career, Trump is a well-known businessman with interests in real estate, media, and now also cryptocurrency. His involvement in the launch of TRUMP and other digital initiatives, such as World Liberty Financial, underscores his interest in exploring new financial technologies and markets.

Expectations for the coming period.

Experts expect a minimum price of €47.710 in 2027 and a minimum price of €157.68 in 2032.

Frequently asked questions