What is $TRUMP

✅ What’s going on

The $TRUMP meme coin, launched in January 2025 on the Solana blockchain, surged rapidly in market cap at launch. Benzinga+3The Coin Republic+3CoinRank+3

It has been extremely volatile. One article noted the coin dropped by ~50% just after its launch day. The Economic Times+1

The project is tied to Trump’s brand and companies. For example, an article says his ventures have generated ~$2.4 billion since entering crypto, with the TRUMP coin contributing ~$385 million. CoinMarketCap

The coin’s underlying tokenomics and distribution have raised red flags: concentration of supply, potential for insider/whale impacts. The Coin Republic+2The Coin Republic+2

The coin is part of a broader Trump-linked crypto ecosystem: there’s also a stablecoin project (USD1) under World Liberty Financial (WLFI), which is tied to Trump’s network. Cryptonews+1