Donald Trump is back in the headlines, but this time it’s not for his presidency—or at least not directly. Just days before his second inauguration, Trump did what might be the most Trump thing ever: he unveiled his very own cryptocurrency, the $TRUMP meme coin.
If you’re scratching your head, you’re not alone. The announcement, blasted out late Friday night across his Truth Social and X (formerly Twitter) accounts, has sparked excitement, skepticism, and a whole lot of memes. But here’s the kicker: it looks legit.
Donald Trump’s Official Solana Meme Coin: What’s Happening with $TRUMP in the Crypto Market?
Donald Trump Coin ($TRUMP), a meme-inspired cryptocurrency, is gaining traction in the crypto world, although its price can be highly volatile. To buy this coin, you’ll typically use the Solana network, connecting your crypto wallet (like Phantom) to a supported decentralized exchange (DEX) or another official platform. Continue reading to learn the full details of how and where to buy it. But first, let’s explore everything you need to know about $TRUMP.
My NEW Official Trump Meme is HERE! It’s time to celebrate everything we stand for: WINNING! Join my very special Trump Community. GET YOUR $TRUMP NOW. Go to https://t.co/GX3ZxT5xyq — Have Fun! pic.twitter.com/flIKYyfBrC
— Donald J. Trump (@realDonaldTrump) January 18, 2025
Let’s set the stage. The $TRUMP meme coin is hosted on the Solana blockchain, with 200 million tokens initially released and a total supply of 1 billion planned over the next three years. The announcement was paired with a website that looks eerily similar to those used for Trump’s NFT ventures—same Cloudflare setup, same deployment structure, even the same SSL certificate issuer.
CIC Digital LLC, the Trump Organization affiliate behind his previous NFT collections, is credited with the project. By all accounts, this isn’t just some hacker’s elaborate joke. Trump himself posted: “My NEW Official Trump Meme is HERE! It’s time to celebrate everything we stand for: WINNING! Join my very special Trump Community. GET YOUR $TRUMP NOW.” Love him or hate him, you can’t deny the man knows how to stir the pot.
What’s more bizarre is the immediate market reaction. In less than an hour, $TRUMP hit a staggering $10 billion market cap, though some caveats apply. With 80% of the tokens locked up for the creator team and affiliated entities like Fight Fight Fight LLC—a new Delaware-registered company—the actual circulating supply brings the market cap closer to $1.5 billion. Still, that’s no small feat for a coin that seemed to come out of nowhere. By Saturday morning, each token was trading at $21.95, and trading volume had crossed $680 million. It’s wild, even by crypto standards.
BREAKING NEWS UPDATE FROM TRUMP HQ
(The crypto ball) pic.twitter.com/5VmSIQre3o
— Nick O’Neill (@chooserich) January 18, 2025
Naturally, the internet went into overdrive. Speculations about a potential hack ran rampant at first, especially since celebrity accounts have often been targets for pump-and-dump schemes. But as time passed and Trump continued to post updates about his incoming administration—including a misspelled announcement about his new deputy secretary of education—concerns began to fade. Blockchain sleuths like the pseudonymous cygaar noted the site’s uncanny similarity to Trump’s previous NFT projects, calling it either “the greatest cyber heist of all time” or “legitimate.”
SOL season is here $Trump official meme coin hits 17b full mcap
Valuation. pic.twitter.com/lRfdlO6VhR
— GuntisV (@GuntisVitolins) January 18, 2025
The $TRUMP coin launch comes on the heels of Trump’s pro-crypto campaign promises. Over the past couple of years, he’s dabbled in NFTs, launched World Liberty Financial (a DeFi platform), and has been vocal about reshaping America’s crypto landscape. He’s expected to issue an executive order on his first day back in office to tackle crypto regulation, signaling a potentially bullish future for the industry. Meanwhile, his ventures in merchandise have been just as unconventional, ranging from gold Trump sneakers to “God Bless the USA” Bibles and even a Trump-branded guitar—though Gibson slapped it with a cease-and-desist.
This MEME COIN can make MILLIONAIRES (EASILY) before $TRUMP becomes PRESIDENT!!🇺🇸📈📈📈
CA: 6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN pic.twitter.com/4DyfU52aP7
— Niko (@cryptoniko316) January 18, 2025
Not everyone’s thrilled. Critics point to the coin’s controversial terms and conditions, which include a class-action waiver. Purchasers must agree not to sue CIC Digital LLC without opting out within 30 days—a provision that has drawn criticism in legal circles for potentially limiting consumer rights. Others have raised eyebrows at the tokenomics, with 80% of the supply locked up for three years. Still, Trump supporters and crypto enthusiasts alike are flocking to the coin, and analysts like Dan Gambardello see it as a signal of the deregulation to come.
As for the man himself, Trump seems to be riding the wave of his coin’s success with characteristic bravado. The coin’s official website features a triumphant image of him pumping his fist in the air alongside the slogan “FIGHT FIGHT FIGHT.” It even references his survival of an assassination attempt in July 2024, branding the coin as a “piece of history.” Like it or not, $TRUMP has become a cultural moment—and perhaps a sign of the times.
Will this be history in the crypto world, when an American President creates a meme coin, will the existence of the $TRUMP coin last long or is it just FOMO? pic.twitter.com/qSAz9wlk4X
— RestAndRelax 🔥|♦️(wartime arc) (@Rest4ndRelax) January 18, 2025
So, what’s next? Trump will be inaugurated indoors on January 20, thanks to the frigid weather forecast, and the $TRUMP saga will undoubtedly unfold further. Whether this coin is a bold new frontier for crypto or just another Trump-branded gimmick remains to be seen. One thing’s for sure: the world is watching, and in typical Trump fashion, he’s making sure no one looks away.
How and Where to Buy Trump’s Meme Coin?
To purchase $TRUMP, a few essential steps will ensure a smooth and secure transaction. Let’s walk through the process step-by-step so you can confidently enter the crypto space.
Download a Crypto Wallet: Install a wallet like Phantom or Sollet on your phone or computer.
Set Up Your Wallet: Follow the instructions and back up your wallet’s seed phrase securely.
Buy Solana (SOL): Use an exchange like Binance or Coinbase to purchase Solana (SOL) cryptocurrency.
Transfer SOL to Wallet: Withdraw the purchased SOL from the exchange to your crypto wallet address.
Connect Wallet to DEX: Open a decentralized exchange (DEX) like Orca or Raydium and connect your wallet.
Search for $TRUMP: Look for the $TRUMP token on the exchange platform or manually add the token using its contract address.
Swap SOL for $TRUMP: Use your SOL to buy $TRUMP coin on the platform.
Confirm Transaction: Double-check details and confirm the transaction to complete your purchase.
