It was the 18th of January when a token was launched in the crypto market, causing a stir as soon as it appeared. Within 24 hours, its price surged from $6 to $75. The name of this token is Trump Token.
The TRUMP Token, a cryptocurrency launched by Donald Trump, has quickly gained attention in the crypto market. Built on the Solana blockchain, this meme coin became popular because of its connection to the former U.S.
This article will explore the TRUMP Token’s price prediction, its potential future in the market, and whether investing in it is a smart decision.
Whether you are new to cryptocurrencies or an experienced trader, this article will help you understand the key details about the TRUMP Token.
Key Points About TRUMP Token
| Feature | Details |
|---|---|
| Token Name | TRUMP Token |
| Blockchain | Solana |
| Launch Date | January 18, 2025 |
| Market Value (Launch) | Over $6 billion |
| Ownership | 80% controlled by Trump entities |
| Popularity | Rapid growth after launch, listed on major exchanges like Kraken and Crypto.com |
Trump Token Launch and Background:
First, let’s talk about when and why Trump Token was launched. It was on January 18th when Trump announced his new meme token on his official X account.
Trump named it after himself. It created a buzz in the market as soon as it appeared. Everyone was talking about it. It was launched at a price of $6, and within 24 hours, its price surged to $75.
All meme tokens in the market have no use. Similarly, there is no use for Trump tokens. It has gained popularity only because of Trump.
Trump Token Price Prediction:
Now let’s talk about how far its price can go. Will its price drop, or will it go even higher? Additionally, should you invest in it right now or not?
Its total supply is 1 billion, out of which only 200 million were initially introduced into the market. Its market cap has reached 15 billion.
At the time of writing this article, its price is around $75. Moreover, it has also been listed on Binance Exchange.
Based on our research and experience, its price has already risen significantly. If it goes higher, it might reach $100, but after that, its price is likely to start declining.
Our recommendation is that if you want to invest in it, you should only invest 10% to 20% of your funds.