Former U.S. President Donald Trump announced the launch of the official meme coin TRUMP on his social media platform Truth Social earlier today (18th), stating, “It’s time to celebrate everything we stand for: victory! Join me in this special Trump community.”
Source: Truth Social
According to the token’s official website, the TRUMP token is issued on the Solana blockchain, with an initial circulating supply of 200 million and a total supply of 1 billion, scheduled to be released over the next three years.
The website indicates that this Trump meme aims to express support and participation in the ideals and beliefs embodied by “$TRUMP” and related artwork, rather than an investment opportunity, investment contract, or any type of security.
According to GMGN data, the official Trump meme coin $TRUMP had a price of approximately $0.18 at the time of its public release, and before publication, its trading price was around $3, with a market capitalization reaching $3 billion.
Note: Only an hour has passed since the announcement on Trump’s Truth Social account, and the possibility of the account being hacked cannot be ruled out. Although Trump’s X account also announced the official TRUMP token news, it is still advisable to pay close attention to the latest information.
