Quick Guide: Donald Trump Meme Coin Latest Trends and Investment Highlights
Project Background Overview
$TRUMP is a themed meme coin initiated by Trump-related enterprises, with a total supply of 1 billion coins, of which 200 million are issued to the market, and the remaining portion is held long-term by the project team. This coin is based on the Solana blockchain, offering fast transaction speeds and low fees.
Price trajectory since issuance
Since its issuance, $TRUMP has experienced extremely volatile price fluctuations. On the day of its launch, its market value skyrocketed, reaching a historical high of $75 within just a few months, followed by a deep correction, and it is currently oscillating in the $9–10 range.
Latest market and trading data
At Gate.io, the latest price of TRUMP/USDT is $9.72. Over the past week, the price has increased by approximately 9%, indicating a short-term rebound momentum. The daily trading volume is active, suggesting high market participation.
Hot News Overview
- ETF concept stimulation: The registration of an ETF related to $TRUMP has sparked market expectations for the entry of institutional funds.
- Brand exposure increase: The appearance at the Nasdaq event has garnered more media and public attention for $TRUMP.
- Capital layout expansion: Project parties promote large-scale cryptocurrency asset strategic plans to further strengthen their presence in the blockchain field.
Investment Risks and Recommendations
- Strong short-term speculation attributes: prices are highly dependent on market sentiment and news stimuli.
- High concentration of token holdings: A small number of accounts hold a large amount of tokens, and the risk of selling pressure cannot be ignored.
- Policy and public opinion factors: Due to their direct relevance to public figures, policy changes and public opinion may have a significant impact on prices.