| Key Points: – TRUMP Memecoin skyrocketed 20% after Trump called it “SO COOL” on Truth Social, adding $400M to its market cap. – Despite the rally, TRUMP is 85% below its all-time high of $75. The token faces market competition and upcoming unlocks. – Tokenomics: 1 billion fixed supply, with 800M locked under a 3-year vesting schedule, potentially affecting price stability. |
TRUMP Memecoin experienced a sharp 20% surge in price after Donald Trump endorsed it on Truth Social. While the spike fueled renewed market excitement, long-term concerns remain regarding token unlock schedules and competition from rival political memecoins.
The rapid price increase underscores how political figures can influence crypto markets, with Trump’s backing triggering investor speculation. However, with scheduled token unlocks increasing supply and competition from new memecoins like MELANIA, TRUMP’s long-term sustainability remains uncertain.
TRUMP Memecoin Spikes as Trump Calls It “SO COOL”
Donald Trump has unexpectedly fueled a massive rally in the TRUMP Memecoin after praising it on Truth Social. In a Sunday post, the U.S. president referred to the token as “SO COOL” and “The Greatest of Them All.”
This rare direct endorsement from Trump caused an immediate market reaction. Within hours, TRUMP surged from $10.9 to nearly $13, marking a 20% increase. Trading volume skyrocketed as investors rushed to capitalize on the sudden hype, pushing the token’s market capitalization up by $400 million. However, despite the short-term rally, TRUMP is still trading significantly below its all-time high of $75.
TRUMP’s Tokenomics and Political Backing
The Official Trump (TRUMP) token is more than just a memecoin—it’s a politically charged asset closely tied to Trump’s image. Built on the Solana blockchain, TRUMP has a total supply of 1 billion tokens.
Its tokenomics structure includes:
- 200 million tokens in initial circulation.
- 800 million tokens held by CIC Digital LLC and Fight Fight Fight LLC. These tokens are locked under a three-year vesting schedule, meaning supply will gradually increase over time.
This controlled release mechanism could lead to price fluctuations as more tokens enter the market. Despite the structured unlocks, TRUMP remains a favorite among Trump supporters, who see it as both a meme and a symbol of loyalty to the former president.
Competition and Uncertain Future for TRUMP Memecoin
TRUMP’s early success was met with challenges, including competition from other Trump-related tokens. On January 19, the launch of MELANIA, a memecoin named after Melania Trump, triggered a sharp decline in TRUMP’s price, dropping nearly 50% from its highs.
While Trump’s recent endorsement has temporarily revived the token, its long-term viability remains uncertain. With scheduled token unlocking increasing supply and potential regulatory scrutiny from lawmakers, TRUMP may face continued volatility.
Despite this, Trump’s branding power has proven strong. Whether TRUMP Memecoin will maintain its value or fade into the background remains to be seen, but for now, the former president’s words still have the power to move markets.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
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