Trump announced the launch of his cryptocurrency, $TRUMP, late Friday in a post on Truth Social, describing it as a celebration of “WINNING” the presidential election and his upcoming inauguration.
80% share of the virtual asset $TRUMP is owned by a Trump Organization affiliate called CIC Digital LLC, and a related entity called Fight Fight Fight LLC
1/19/2025
By Saturday morning, the price of $TRUMP had surged by over 300% and continued climbing throughout the day. By noon EST on Sunday, the token reached a price of just over $65, with a market capitalization of $13.3 billion, according to CoinMarketCap.
Hosted on the Solana blockchain, $TRUMP briefly peaked at over $75 early Sunday morning, pushing its total market cap to $15 billion.
The developers of the meme coin have capped its initial supply at 200 million tokens, with plans to expand the total supply to 1 billion coins over the next three years, as detailed on the project’s website.
The Trump Organization affiliate CIC Digital LLC and Fight Fight Fight LLC—a company registered in Delaware on January 7—own the remaining 80% of tokens yet to be publicly released. Both companies are set to receive an undisclosed share of revenue generated from trading activity, according to state filings.
The $TRUMP website includes a disclaimer emphasizing that the token is “not intended to be, or the subject of” an investment opportunity or security. It also states that $TRUMP is “not political and has nothing to do with” any political campaign, office, or government entity.
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