Trump meme coin, $TRUMP, has been making waves in the crypto market. The coin's value surged nearly 10,000% from around $4 to $78.80, positioning it among the top four meme coins by market capitalization.¹
Here are some key updates about Trump meme coin:
- *Launch and Market Cap*: The coin was launched on January 17, 2025, and reached a market cap of $9 billion within three hours.
- *Ownership*: 80% of the tokens are owned by CIC Digital LLC and Fight Fight Fight LLC, affiliates of Trump's business.
- *Controversies*: The coin has faced criticism from ethics experts and analysts, citing concerns over Trump's conflicts of interest and the speculative nature of the coin.
- *Dinner Offer*: Top holders of the coin were offered a dinner with Trump, which sparked controversy over potential insider trading.² ³
The Trump meme coin's success has been attributed to Trump's influence and the growing interest in cryptocurrency among his supporters.⁴#TrumpNFT #TrumpCrypto #BinanceBlockchainWeek
