The $TRUMP crypto that Donald Trump launched on January 17, 2025, shortly before he took the U.S. Presidential Office for the second time soared over 1,000% in value over just two days. The cryptocurrency became the 14th-largest in record time, and the token’s fully diluted value market (FDV) capitalization hit an impressive figure of $73 billion.
$TRUMP crypto coin skyrocketed 1,000% in just 2 days after launching
As of 4:10 p.m. ET on Sunday, January 19, a day before Donald Trump was inaugurated as the President of the United States for his second term, the price of $TRUMP was hovering at just above $73 per token with an FDV market capitalization of $73 billion, a meteoric $1,000 rise after going on the market.
Trump used the opportunity while hosting the Crypto Ball on Friday, January 17 to launch the $TRUMP meme coin on the Solana Blockchain. The event was organized to celebrate his pro-crypto policies, a fitting occasion to kick off such sterling performance from the fresh token.
Trump’s team also revealed the crypto rollout on social media platforms X (the app formerly known as Twitter) and Truth Social, inviting people to take advantage of the opportunity to join a community that fosters Trump’s ideal of “fighting for what matters” in the pursuit of an optimistic future fortified for success.
Trump has shifted his cryptocurrency views since his first presidential term
Donald Trump has shifted his views on cryptocurrency since his first term as U.S. President when he said:
“I am not a fan of Bitcoin and other cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air. Unregulated crypto assets can facilitate unlawful behavior, including drug trade and other illegal activity.”
Trump said in 2021 that Bitcoin, still the most powerful crypto coin, seemed like a scam and was providing competition for the dollar:
“I don’t like it because it’s another currency competing against the dollar.”
Now Trump’s done a complete one-eighty, pronouncing himself “The Crypto President” and promising to build a “strategic crypto reserve.”
In other news about Donald Trump outside of cryptocurrency, American ex-students who haven’t had their debt forgiven want to know whether debt forgiveness programs will continue under President-elect Donald Trump.
What’s the medium-term plan for $TRUMP crypto?
The official website for Trump’s $TRUMP coin, which describes it as “the only official Trump meme,” is gettrumpmemes.com.
There are currently 200 million tokens in circulation, and this will increase incrementally to one billion over three years. Trump Organization affiliate CIC Digital and a CIC-owned entity called Fight Fight Fight LLC own 80% of the token supply.
The high volatility of meme coins has often led to losses for investors, but the staggered three-year release plan ensures that entities affiliated with the Trump Organization can’t dump all the tokens at once.
3 Ways to purchase $TRUMP coins
Buyers have three options to buy $TRUMP crypto, which are explained below:
Moonshot app
Buyers will need to register with their email address on the Moonshot memecoin launchpad and deposit funds through one of the following platforms: a debit or credit card, Apple Pay, Venmo, or Solana/USDC. Then the funds can be exchanged for tokens.
Major crypto exchanges
Buyers can check the availability of $TRUMP coins on platforms like Kraken and Binance. They will need to open an account, verify their identity, and fund their crypto wallet, then search for $TRUMP, place an order, and withdraw tokens to a connected wallet.
Contact address
The Solana contact address is 6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN. Buyers need to create a crypto wallet, such as TrustWallet, and buy Solana from platforms such as Coinbase or Binance. Then the Solana must be transferred to the wallet, which will then be connected to a DEX, for example, Raydium. Then the contact address must be entered to exchange Solana for $TRUMP tokens.
U.S. President Donald Trump’s cryptocurrency looks set to continue on its strong start out the gates, and investors will no doubt be following its performance keenly as they hope to capitalize on the hype surrounding Trump’s second term.
In other news about Trump’s policies, Americans want to know what he plans to do with the Child Tax Credit as he starts his second term. His administration has the option to extend the current CTC, decrease it, increase it, or cancel it, and the ramifications for millions of parents and guardians are significant.
Disclaimer: This content is informational and should not be considered financial advice. Ecoportal is not responsible for any financial losses.