Trump Launches $TRUMP Memecoin Amid Inauguration Buzz

As Donald Trump prepares to return to the White House, his official social media accounts have unveiled a new cryptocurrency, the $TRUMP memecoin, alongside promotional merchandise dubbed Trump Memes. The announcement, shared on X (formerly Twitter) and Truth Social, caused a stir, with many users initially questioning the legitimacy of the posts.

Despite skepticism, $TRUMP has already seen remarkable success. Trading volumes approached $1 billion, and the token’s value surged by over 300%, climbing from $0.18 to $7.1 within minutes of its launch.

The memecoin debuted with 200 million coins, part of a total supply of 1 billion tokens, which will be released gradually over the next three years.

How to Buy $TRUMP Memecoin

Purchasing $TRUMP memecoin is straightforward for those familiar with Solana-based exchanges like Jupiter and wallets such as Phantom.

  1. Use a non-custodial wallet compatible with Solana.
  2. Locate the official contract address on CoinMarketCap or SolScan.
  3. Paste the address into the coin search bar on Jupiter to avoid fake coins.
  4. Purchase $TRUMP using SOL or other Solana-compatible tokens.

The memecoin also supports purchases via debit card or cryptocurrency. Holders gain membership in the Trump Meme Community, which promotes success and optimism, according to its website.

Who’s Behind $TRUMP?

Blockchain engineer Cygaar speculates that the $TRUMP project was developed by the same team behind Trump’s NFT collection, noting technical similarities between their websites. Slorg, a member of Jupiter’s Core Working Group, confirmed $TRUMP’s verification and listing on Jupiter Exchange.

The project’s website describes $TRUMP as a Solana-based asset, with promotional materials featuring a meme of President Trump and his signature. The token’s narrative commemorates a pivotal moment in Trump’s political career, described as a “piece of history.”

Not a Political Agenda?

The Trump Meme website explicitly states that $TRUMP is not political and has no connection to any official campaign. However, the launch aligns with Trump’s broader trend of promoting unusual and extravagant products, including:

  • Gold Trump sneakers
  • Assassination attempt cologne
  • $100,000 watches
  • Les Paul-style guitars from “Trump Guitars”

In September, Trump announced the creation of World Liberty Financial, a crypto business led by his family.

The Future of $TRUMP

While $TRUMP has captured significant attention, its long-term potential as a meme coin or digital asset remains uncertain. The token has benefited from the hype surrounding Trump’s return to power, but whether it evolves into a valuable asset or fades into obscurity is yet to be seen.

For now, $TRUMP is making waves in both the crypto world and the broader cultural landscape, reflecting the unpredictable intersections of politics, finance, and memes.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Bullish Times is a marketing agency committed to providing corporate-grade press coverage and shall not be liable for any loss or damage arising from reliance on this information. Readers should perform their own research and due diligence before engaging in any financial activities.

Leave a Reply

Your email address will not be published. Required fields are marked *