Gemi

That's a timely question, as there are major updates concerning both the digital and physical "Trump coins."

Here is a summary of the latest news,

1. Cryptocurrency: The OFFICIAL TRUMP Token ($TRUMP)

The $TRUMP meme coin, launched earlier this year and associated with entities tied to the President, has been highly volatile recently.

Market Volatility: The token experienced a significant price drop (over 25% in 24 hours on some exchanges) after President Trump announced new 100% tariffs on critical Chinese tech imports. This triggered a massive sell-off and liquidation event across the entire cryptocurrency market on October 10-11, 2025, which heavily impacted $TRUMP as well.

Current Status: The price is hovering around $5.40 to $7.80 (prices are changing rapidly), with a market capitalization exceeding $1 billion.

ETF Proposal: In recent months (August 2025), a key development was the filing of a proposal by Canary Capital Group with the SEC to launch a spot Exchange Traded Fund (ETF) that would directly hold the $TRUMP token. This move is currently awaiting regulatory review.

2. Physical Commemorative Coin

The U.S. Treasury Department is currently working on designs for a $1 commemorative coin to mark the 250th anniversary of U.S. independence in 2026.

Commemorative Design: The U.S. Treasurer shared a draft design for the $1 coin featuring President Trump's likeness. One side shows his profile, and the reverse side depicts him with a raised fist and the words "fight, fight, fight". This image is meant to commemorate his reaction following a 2024 assassination attempt.

Legal Debate: While the Treasury Department confirms the draft design is being considered, there is ongoing debate regarding federal law. Current law prohibits the use of a living president’s image on currency, though commemorative coins, which are produced by the U.S. Mint, may have more regulatory flexibility.

Status: A final design has not yet been selected. Further updates on the coin's development have reportedly been paused due to the recent partial government shutdown.