US President Donald Trump’s newly created crypto coin has undergone an exponential surge in the market on the 20th of January 2025. The coin crossed the $10 billion market cap on Monday after he took office as the 47th US President, recording a trading volume of billions. This article will explore this meme coin, its current market performance, the potential risks associated with investing in it, and whether it is a good investment.

What is the Trump Meme Coin?

$TRUMP is a newly launched meme coin on the Soalna blockchain, which is associated with the US President, Donald Trump. Within just two days of its launch, the meme coin has reached a market cap of over $30 billion, making it one of the largest cryptocurrencies in the world. The token’s launch was announced through the official Twitter page of Donald Trump. Initially, everyone thought it was a scam, but later it was proven that the meme coin was authentic and was linked to his family.

Overview & Tokenomics Of Trump Coin

Name	Official Trump
Ticker	$TRUMP
Blockchain	Solana
Contract Address	6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN
Market Value	$39.26
Market Cap	$7.81 Billion
24-Hour Trading Volume	$25.82 Billion
FDV	$39.08 Billion
VMR	323.03%
Circulating Supply	200 Million

Emergence Of A Gamechanger in the Crypto Sector

The Trump meme coin was announced on the 18th of January, 2025, just a day before Trump’s ascension. The coin debuted in the market for $7.088. From there, it started climbing and has surged over 1000% in just 24 hours. During this rally, the meme coin recorded an all-time high of $75.35 on the 19th of January. However, since then the coin started going down in the market with its current market value being $37.86.

Even with this bearish trend, the coin remains one of the most sought-after ones in the market. This is mainly due to its close tie-up with Trump and his inner circle. As a meme coin, the coin is heavily reliant on the trends in social media, in this case with Trump’s standing in it. With him being the US President now, he will be the center of attention, the moment he makes an announcement or introduces a crypto-friendly regime. 

This can in turn drive up the price of the meme coin to new heights, making it one of the most potential and promising meme coins in the market. Also, the coin is currently in a stable state with a support level of $31. As long as Trump remains President, there is little to no chance that the coin will plummet in the market, mitigating most of the risks associated with meme coins to a certain extent.

Potential Risks Associated with the $TRUMP

The $TRUMP has outperformed almost all other meme tokens in 2025 through its exponential rally following its launch, marking it as one of the most sought-after coins in the market. However, there are still considerable risks associated with investing in the high-famed meme token, especially if you take its tokenomics into account. 

The tokenomics of the meme token depicts that 80% of the token’s circulating supply is allocated to insiders, who are eligible to start selling them after the first three months of the token launch, meaning they could greatly influence the token’s price shortly in the future. If this were before the SEC leadership change, it would surely have resulted in the SEC (Securities and Exchange Commission) issuing a complaint about the meme token. However, this fact has helped in clarifying the doubts on how Paul Atkins’ reign will likely be.

Future Outlook of the $TRUMP Coin: Investment Potential

The 18th of January marked Gary Gensler’s last day in office. It is on that day itself that Trump announced his new meme token, highlighting exactly what he planned for the US regulatory environment. As per various technical indicators and market analysts, it is estimated that the coin has the potential to surge over 100% if Trump announces any major update surrounding the crypto world.

However, this surge will be short-lived as the $TRUMP is a meme coin. Another reason behind the short-term surges is the selling pressure associated with these surges, especially fearing the whale influence surrounding the meme token. So, even though the coin is showing signs of pullbacks from its massive rally, it could still skyrocket at any given time, making it a viable but highly risky investment. For further market updates and other crypto-related news, stay tuned.