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What is TRUMP? Donald Trump’s billion-dollar memecoin

TRUMP, the memecoin launched by Donald Trump ahead of his return to the White House, celebrates his ideals and attracts millions of investors.

TRUMP is the official memecoin launched by Donald Trump just three days before he returned to the White House as president of the United States on Monday, Jan. 20, 2025. 

The cryptocurrency was launched to celebrate everything Trump and his supporters stand for. As stated on the official website gettrumpmemes.com, “Trump Memes are intended to function as an expression of support for, and engagement with, the ideals and beliefs embodied by the symbol ‘$TRUMP.’”

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TRUMP dips after president admits ‘I don’t know much about it’

Melania Trump Official Memecoin Skyrockets to $9,443,857,032 Valuation Hours After Launch

Melania Trump Official Memecoin Skyrockets to ,443,857,032 Valuation Hours After Launch

First Lady Melania Trump has launched her own memecoin on the Solana (SOL) blockchain, which quickly skyrocketed to a valuation exceeding $9.4 billion just hours after its release. Melania Trump’s social media platform X account suddenly announced that MELANIA was live for trading on Sunday. According to Bubblemaps, there are major discrepancies between MELANIA’s reported […]

The post Melania Trump Official Memecoin Skyrockets to $9,443,857,032 Valuation Hours After Launch appeared first on The Daily Hodl.

TRUMP dips after president admits ‘I don’t know much about it’

The TRUMP factor — We can’t ignore memecoins any more

Memecoins are becoming a serious investment category. Memecoins mean business now.

Opinion by: Charles Wayn, co-founder of Galxe

Looking at the current financial market landscape, one might reference Camus, who wrote, “The realization that life is absurd cannot be an end, but only a beginning.” This sentiment applies perfectly to the realm of memecoins.

This couldn’t be truer in light of the launch of US President Donald Trump’s official memecoin, TRUMP, which gained over a single weekend more than $12 billion in market cap, placing it 21st among all cryptocurrencies. We also have the launch of MELANIA, his wife’s memecoin, which, along with TRUMP, has broken the Solana blockchain at the time of writing. There is little doubt now that memecoins mean business. Nonetheless, memecoins are often ridiculed by the traditional financial world, which has a hard time wrapping its head around Dogecoin’s market cap, which stands at $56 billion, surpassing Volkswagen’s market cap of $48 billion. Volkswagen has been around for 86 years. 

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TRUMP dips after president admits ‘I don’t know much about it’

Melania Takes the Lead: $MELANIA Memecoin Sees 40% Surge, Trump’s Token Drops

Melania Takes the Lead: $MELANIA Memecoin Sees 40% Surge, Trump’s Token DropsOn Donald Trump’s inauguration day, Melania Trump’s memecoin, MELANIA, surged 40% in 24 hours, with its trading volume skyrocketing to $6.6 billion. $MELANIA Trading Volume Surges Fivefold On Donald Trump’s first day as U.S. president, Melania Trump’s memecoin, $MELANIA, stole the spotlight with an almost 40% surge in value over 24 hours. According to Coingecko […]

TRUMP dips after president admits ‘I don’t know much about it’

New BTC Milestone: Top Crypto Asset Surges Past $109,000, Selkis Warns Trump

New BTC Milestone: Top Crypto Asset Surges Past 9,000, Selkis Warns TrumpAs Donald Trump prepared for his inauguration as the 47th U.S. president, bitcoin (BTC) surged past 109,000, rising from around $102,600 in just 15 minutes. Trump Effect Fueling Rally As the euphoria surrounding Donald Trump’s inauguration as the 47th U.S. president reached a fever pitch, bitcoin (BTC) hit a new milestone. The top crypto asset […]

TRUMP dips after president admits ‘I don’t know much about it’

TRUMP Memecoin ‘Incredibly Long-Term Bullish’ for Crypto Industry, Says Arca CIO – Here’s Why

TRUMP Memecoin ‘Incredibly Long-Term Bullish’ for Crypto Industry, Says Arca CIO – Here’s Why

The chief investment officer at a digital asset investment firm believes the launch of the Official Trump (TRUMP) memecoin has marked a new age in crypto adoption. Arca CIO Jeff Dorman says on the social media platform X that the TRUMP meme token is “incredibly long-term bullish” for the digital asset industry. According to Dorman, […]

The post TRUMP Memecoin ‘Incredibly Long-Term Bullish’ for Crypto Industry, Says Arca CIO – Here’s Why appeared first on The Daily Hodl.

TRUMP dips after president admits ‘I don’t know much about it’

Official Trump memecoin launch breaks records, as Solana (SOL) rallies to new all-time high

The Official Trump memecoin launch captivated the crypto market and could be behind Solana’s new price highs, but the real question is, how sustainable is the rally?

The cryptocurrency market faced a surprise on Jan. 18 when the “Official Trump” (TRUMP) memecoin, endorsed by President-elect Donald Trump, was launched without prior notice. The announcement came via Trump’s social media accounts, directing users to purchase the Solana token using a specified centralized intermediary and providing the contract address.

The memecoin launch sparked a rally in Solana’s (SOL) native token, pushing it to an all-time high of $270. This surge raised questions among traders about whether SOL’s current $120 billion market capitalization is sustainable and its implications for Ethereum (ETH), Solana’s main competitor. Ethereum had previously been perceived as Trump’s favorite due to its allocation within World Liberty Financial, a project closely associated with Trump, but the decision to launch Official Trump on the Solana network has raised eyebrows.

Ether/USD (left) vs. SOL/USD (right). Source: TradingView / Cointelegraph

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TRUMP dips after president admits ‘I don’t know much about it’

‘Official’ Solana-Based Trump Memecoin Instantly Hits $2,950,000,000 Market Cap

‘Official’ Solana-Based Trump Memecoin Instantly Hits ,950,000,000 Market Cap

Crypto traders are debating whether Donald Trump’s social media passwords have been cracked, as the President-elect’s accounts tout the launch of his “official” memecoin. The memecoin launch announcement hit Trump’s social media platform Truth Social first, and was posted on X shortly thereafter. The new coin is built on the Solana network, and has already […]

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TRUMP dips after president admits ‘I don’t know much about it’

Memecoin Named After Brian Armstrong’s Cat Explodes 216% After Coinbase Adds Altcoin to Listing Roadmap

Memecoin Named After Brian Armstrong’s Cat Explodes 216% After Coinbase Adds Altcoin to Listing Roadmap

A memecoin named after Coinbase co-founder Brian Armstrong’s cat is surging after the top US crypto exchange added the digital asset to its listing roadmap. Toshi (TOSHI), a memecoin built on the Ethereum (ETH) layer-2 scaling solution Base, soared by triple percentage points as Coinbase made the announcement. A day before the listing, TOSHI hit […]

The post Memecoin Named After Brian Armstrong’s Cat Explodes 216% After Coinbase Adds Altcoin to Listing Roadmap appeared first on The Daily Hodl.

TRUMP dips after president admits ‘I don’t know much about it’

Coinbase Triggers Rallies After Announcing Listing of Solana-Based Memecoin Peanut the Squirrel (PNUT)

Coinbase Triggers Rallies After Announcing Listing of Solana-Based Memecoin Peanut the Squirrel (PNUT)

A Solana (SOL)-based memecoin is surging after gaining support from top US crypto exchange Coinbase. In a post on the social media platform X, Coinbase announces the addition of Peanut the Squirrel (PNUT) to its platform for spot trading. Amid the news, Peanut the Squirrel is up 26.9% on the day. PNUT is trading for […]

The post Coinbase Triggers Rallies After Announcing Listing of Solana-Based Memecoin Peanut the Squirrel (PNUT) appeared first on The Daily Hodl.

TRUMP dips after president admits ‘I don’t know much about it’