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Cryptocurrency News Articles
Trump Meme Coin: What It Is and How to Get Your Hands on One
Jan 19, 2025 at 04:08 pm
As the White House is set to receive Donald Trump as the 47th President on Monday, the incoming leader has launched a 'meme coin.'
The incoming White House leader has launched a ‘meme coin,’ as Donald Trump is set to be received as the 47th President on Monday. On January 18, Trump took to X to invite buyers to join the community.
What does it mean, and how can you get your hands on one?
According to the coin's official website, Trump Memes are fungible crypto assets created and tracked on the Solana blockchain.
The meme uses an image of Trump with his fist in the air, along with the slogan "Fight Fight Fight", words he yelled moments after the assassination attempt.
Although this is the first coin launched by the soon-to-be President with this slogan, it has previously been capitalised on by eager businesses and independent sellers who emblazoned the words on merchandise, from T-shirts to mugs.
According to the official website, 200 million $TRUMP is available on day one and the coin is expected to grow to a total of 1 billion $TRUMP over three years.
How to buy
Those who wish to buy the coin can get it on the Moonshot app, available on both the App Store and Google Play.
Users sign up with an email address, and can pay with debit or credit card, Apple Pay, Venmo, Solana/USDC, according to the official website.
The app uses anti-fraud controls and users are subject to sanctions checks; once the payment has been authorised, the purchasers will receive their Trump Memes in the wallet address nominated by the customer.
Allocation
$TRUMP is distributed into 8 groups, and the allocation of each are released on their own schedule over 3 years, the website stated.
The groups are as follows:
- Meme Team (10%)
- Trump Tower (10%)
- MAGA Millionaires (10%)
- Fight Fight Fight (10%)
- Diamond Hands (10%)
- HODLers (10%)
- Solana Trump (10%)
- Anti-Sleepy Joe (10%)
- Remaining (10%)
The first group to receive an allocation of the coin is the Meme Team, which will receive 10% of the total supply, to be released over three years.
The Trump Tower group will also receive 10%, to be released over three years, while the MAGA Millionaires will receive 10%, also to be released over three years.
The Fight Fight Fight group will receive 10%, to be released over three years, while the Diamond Hands group will receive 10%, also to be released over three years.
The HODLers group will receive 10%, to be released over three years, while the Solana Trump group will receive 10%, also to be released over three years.
The Anti-Sleepy Joe group will receive 10%, to be released over three years, while the Remaining group will receive 10%, also to be released over three years.
The official website states that the remaining 10% will be allocated to the community, to be used for initiatives such as memes, contests, giveaways and more.
The website adds that the community will have a say in how the funds are used, through polls and discussions on the Trump Memes Telegram channel.
Those who wish to join the community can do so on Telegram, where they will find the latest updates on the coin, as well as a community of buyers and sellers.
The Telegram channel also features memes, contests, giveaways and more, as well as discussions on the coin's future and potential.
Those who wish to buy the coin can get it on the Moonshot app, available on both the App Store and Google Play.
Users sign up with an email address, and can pay with debit or credit card, Apple Pay, Venmo, Solana/USDC, according to the official website.
The app uses anti-fraud controls and users are subject to sanctions checks; once the payment has been authorised, the purchasers will receive their Trump Memes in the wallet address nominated by the customer.
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!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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