$TRUMP
#BinanceAlphaAlert #BTCRebound90kNext? Overview of OFFICIAL TRUMP (TRUMP/USDT)
The OFFICIAL TRUMP ($TRUMP) is a Solana-based meme cryptocurrency launched in January 2025, explicitly tied to former (and now current) U.S. President Donald Trump. It emerged amid a wave of politically themed tokens, capitalizing on Trump's post-election resurgence. With a total supply of 1 billion tokens—200 million released publicly via ICO and 800 million held by Trump-affiliated entities like CIC Digital LLC and Fight Fight Fight LLC for phased unlocks over three years—the token blends meme culture with real-world political branding.
Market Performance
As of November 29, 2025, $TRUMP trades at approximately $6.06 USDT, reflecting a modest 0.37% gain over the past 24 hours amid broader crypto volatility (Bitcoin at ~$90,600, Ethereum at ~$3,020). Daily highs reached $6.27 USDT and lows $6.12 USDT, with trading volume exceeding $198 million across major exchanges like Binance, OKX, and KuCoin. Over the last week, it fluctuated between $5.69 and $6.92 USDT, while the 30-day average sits at $7.61 USDT, signaling a -13.48% drawdown. This positions $TRUMP as the fifth-largest meme coin by market cap, surpassing rivals like PUMP, though community sentiment leans bearish due to recent dips tied to macroeconomic pressures and crypto market corrections.
Key Drivers and Risks
$TRUMP's value is heavily sentiment-driven, surging post-Trump's 2024 election win but vulnerable to his political fortunes—e.g., Bitcoin's recent slump has been linked by critics like Paul Krugman to perceived erosion of Trump's influence. High liquidity on platforms like Robinhood and Bybit aids accessibility, but the token's 80% insider allocation raises dilution fears as unlocks loom. Ethical red flags abound: Trump's direct involvement sparks conflict-of-interest debates, especially with his presidential duties, potentially inviting SEC scrutiny or regulatory crackdowns on political cryptos.