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$Trump
$Trump (stylized in all caps) is a meme coin associated with United States president Donald Trump, hosted on the Solana blockchain platform. One billion coins were created; 800 million remain owned by two Trump-owned companies, after 200 million were publicly released in an initial coin offering (ICO) on January 17, 2025. Less than a day later, the aggregate market value of all coins was more than $27 billion, valuing Trump's holdings at more than $20 billion. A March 2025 Financial Times analysis found that the crypto project netted at least $350 million through sales of tokens and fees.
The venture has faced widespread condemnation from ethics experts for Donald Trump's conflicts of interest related to the project and his presidential duties. During the second Trump administration, Trump has promoted $Trump and taken actions that have raised the value of the meme coin, contributing to a substantial increase in his net worth.
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 gettrumpmemes.com/ — Have Fun!
January 17, 2025
The Trump meme coin was launched on January 17, 2025, three days before Trump was inaugurated as president of the United States. The lack of a public announcement initially led to concerns that the cryptocurrency was a scam and might have no association to the president-elect. Several hours later, Trump announced $Trump on his X and Truth social accounts. The meme coin website described it as the "only official Trump meme". Its logo is a cartoon image of Trump raising his fist after surviving the attempted assassination in July 2024. A disclaimer said that the coin was "not intended to be, or the subject of" an investment opportunity or a security and was "not political and has nothing to do with" any political campaign, political office or government agency. The terms of the offering prohibit coin buyers from joining any class-action lawsuits against the project and assert indemnity against any claims. Trump promoted the coin on the night of its ICO while a "Crypto Ball" was underway.
After its launch, its price soared by over 300% overnight. Within two days, it became the 19th most valuable form of cryptocurrency in the world, with a total trading value of nearly $13 billion, and a total of $29 billion worth of trades based on a $64 value of each of the 200 million tokens issued by the afternoon of January 19. The New York Times reported that Trump affiliates controlled an additional 800 million tokens that, hypothetically, could be worth over $56 billion, potentially making Trump one of the richest people in the world at an estimated net worth of $63.8 billion.
A March 2025, a Financial Times analysis found that the crypto project netted at least $350 million ($314 million from the sale of the tokens and $36 million from fees). However, by July 2025, New York reported that the president's holdings in the coin were only worth about $93 million. This was contradicted by reporting in The New Yorker in August 2025 suggesting that holdings held by Trump through a partnership "are potentially worth several billion dollars" and that actualized profits from the meme coin were $385 million.
In April 2025, the top 220 holders of the coin were offered dinner with the president, and the very top 25 holders would receive a special VIP White House tour. Following the announcement, the coin jumped more than 50%. Analysis found that leaked information about the promotion allowed certain traders to make bets on the coin before it was publicly announced. According to The New York Times, certain buyers in interviews and statements said they "bought the coins or entered the dinner contest with the intention of securing an action by Mr. Trump to affect United States policy". On May 13, The New York Times reported that GD Culture Group, a small company with ties to China, no reported revenue in 2024, and affiliated with TikTok, announced it would spend $300 million on purchasing Bitcoin and $Trump using proceeds from "a stock sale to an unnamed entity in the British Virgin Islands". The purchase was the first known instance of a China-linked firm buying Trump's cryptocurrency. TikTok is facing a ban in the US, although Trump has postponed the decision several times.
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$Trump
$Trump (stylized in all caps) is a meme coin associated with United States president Donald Trump, hosted on the Solana blockchain platform. One billion coins were created; 800 million remain owned by two Trump-owned companies, after 200 million were publicly released in an initial coin offering (ICO) on January 17, 2025. Less than a day later, the aggregate market value of all coins was more than $27 billion, valuing Trump's holdings at more than $20 billion. A March 2025 Financial Times analysis found that the crypto project netted at least $350 million through sales of tokens and fees.
The venture has faced widespread condemnation from ethics experts for Donald Trump's conflicts of interest related to the project and his presidential duties. During the second Trump administration, Trump has promoted $Trump and taken actions that have raised the value of the meme coin, contributing to a substantial increase in his net worth.
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 gettrumpmemes.com/ — Have Fun!
January 17, 2025
The Trump meme coin was launched on January 17, 2025, three days before Trump was inaugurated as president of the United States. The lack of a public announcement initially led to concerns that the cryptocurrency was a scam and might have no association to the president-elect. Several hours later, Trump announced $Trump on his X and Truth social accounts. The meme coin website described it as the "only official Trump meme". Its logo is a cartoon image of Trump raising his fist after surviving the attempted assassination in July 2024. A disclaimer said that the coin was "not intended to be, or the subject of" an investment opportunity or a security and was "not political and has nothing to do with" any political campaign, political office or government agency. The terms of the offering prohibit coin buyers from joining any class-action lawsuits against the project and assert indemnity against any claims. Trump promoted the coin on the night of its ICO while a "Crypto Ball" was underway.
After its launch, its price soared by over 300% overnight. Within two days, it became the 19th most valuable form of cryptocurrency in the world, with a total trading value of nearly $13 billion, and a total of $29 billion worth of trades based on a $64 value of each of the 200 million tokens issued by the afternoon of January 19. The New York Times reported that Trump affiliates controlled an additional 800 million tokens that, hypothetically, could be worth over $56 billion, potentially making Trump one of the richest people in the world at an estimated net worth of $63.8 billion.
A March 2025, a Financial Times analysis found that the crypto project netted at least $350 million ($314 million from the sale of the tokens and $36 million from fees). However, by July 2025, New York reported that the president's holdings in the coin were only worth about $93 million. This was contradicted by reporting in The New Yorker in August 2025 suggesting that holdings held by Trump through a partnership "are potentially worth several billion dollars" and that actualized profits from the meme coin were $385 million.
In April 2025, the top 220 holders of the coin were offered dinner with the president, and the very top 25 holders would receive a special VIP White House tour. Following the announcement, the coin jumped more than 50%. Analysis found that leaked information about the promotion allowed certain traders to make bets on the coin before it was publicly announced. According to The New York Times, certain buyers in interviews and statements said they "bought the coins or entered the dinner contest with the intention of securing an action by Mr. Trump to affect United States policy". On May 13, The New York Times reported that GD Culture Group, a small company with ties to China, no reported revenue in 2024, and affiliated with TikTok, announced it would spend $300 million on purchasing Bitcoin and $Trump using proceeds from "a stock sale to an unnamed entity in the British Virgin Islands". The purchase was the first known instance of a China-linked firm buying Trump's cryptocurrency. TikTok is facing a ban in the US, although Trump has postponed the decision several times.