Today (18th), Donald Trump, the elected President of the United States, announced the release of the official meme coin TRUMP on his social platform Truth Social, 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, TRUMP tokens are issued on the Solana blockchain, with an initial circulating supply of 200 million and a total supply of 1 billion, which will be released according to a schedule over the next three years.
The official website states that this Trump meme aims to express support and participation in the ideals and beliefs embodied by '$TRUMP' and related artworks, 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 about $0.18 at public release, and the trading price was around $3 before the deadline, with a market capitalization reaching $3 billion.
Note: It has only been an hour since this message was posted on Trump’s Truth Social account, and the possibility of that account being hacked cannot be ruled out. Although Trump’s X account also announced the official TRUMP token, it is still important to pay attention to the latest information.
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