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Cryptocurrency News Articles

How Many Official Trump Coins Are There?

Feb 02, 2025 at 07:59 am

In this article, we'll learn how many Official Trump coins are there, how many Official Trump (TRUMP) coins are available to the public

How Many Official Trump Coins Are There?

The Official Trump token, a meme coin launched on Jan. 17, 2025, is making waves in the cryptocurrency community. In this article, we’ll learn how many Official Trump coins are there, how many Official Trump (TRUMP) coins are available to the public, and how the price and value are affected by TRUMP’s token supply.

Introduction to Official Trump

Launched on the Solana blockchain, the Official Trump coin is a meme coin that provides a unique opportunity to show “support for, and engagement with, the ideals and beliefs” symbolized by the TRUMP sign, according to the meme coin’s official website.

Following its launch, the token surged to an all-time high of $73.43 on January 19, 2025, in less than 48 hours. Donald Trump’s impending inauguration on January 20 and several exchange launches, including Binance, Bybit, Mexc, and many more, served as catalysts for this price action.

However, after this hype died down, the token experienced a more than 60% drop in price.

At the time of writing, the TRUMP token is trading at $27.38 with a market cap of $5.47 billion, and a 24-hour volume of $2.59 billion.

Now let’s discuss how many Official Trump coins are in circulation.

Supply of Official Trump coins

The TRUMP token is launched on the Solana blockchain, with a total number of Official Trump tokens set at one billion coins, 800 million of which are owned by Trump-owned corporations, while 200 million are in circulation.

Also, the Official Trump supply of tokens is capped at one billion coins in total, which means that more than one billion coins cannot be minted at any point in time.

Since 80% of the supply is yet to be released investors should exercise caution before investing in this token, as the gradual supply release into the market can directly affect the price of the TRUMP token.

Official Trump coin’s tokenomics

As per the official website, the TRUMP token’s total supply will be completely released over the next three years. There are a total of 8 groups to which this supply of tokens will be released, as follows:

For more information and regular updates, keep in touch with the official website of the TRUMP token.

How Official Trump coin’s supply affects price and value

Since the total supply of TRUMP tokens is capped at one billion tokens and only 200 million is released, the remaining supply release can have a major impact on the token’s price.

As the Trump-owned corporations are centralized owners of the 80% unreleased supply, it raises concerns around centralization as price fluctuations can be volatile as compared to other cryptocurrencies where the supply ownership is more diversified and in a sense, more decentralized as well.

Also, demand for Official Trump tokens in the world can have a direct impact on its long-term value. It is important that both public and institutional interest remains high in this token as that is a deciding factor for any token to thrive in this volatile crypto market.

Since the TRUMP token is a meme coin with no real utility, it will be interesting to see if the team behind the TRUMP token starts to integrate this token with Trump-affiliated platforms, merchandise, or political initiatives, which may boost the price of the token in the long run.

However, despite being the first official currency of a country’s president, caution should be exercised due to the volatile nature of the cryptocurrency markets. It is advisable to do research before making an investment decision to avoid any potential losses.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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