Ah, TRUMP! No, not the orange-haired chap from the White House, but the meme coin that hit the blockchain scene like a cat on a hot tin roof. On January 17, 2025, this shiny new token launched on Solana, releasing 200 million tokens from its total planned supply of 1 billion. Oh, the anticipation! The excitement! The sheer absurdity of it all!
And lo and behold, the price shot up faster than a rocket on a caffeine binge, rocketing from a modest under-$10 to a jaw-dropping $80 within mere hours. With that, its fully diluted valuation swelled to a near $75 billion. An absolute triumph, one might say—if you had the audacity to invest at the top, that is. 😜
But, as we all know, what goes up must come down. By July 2025, TRUMP had plummeted to a mere $8.60, a decline of about 90% from its dizzying peak. The current circulating market cap now stands around $1.70 billion, with a fully diluted value of about $8.60 billion. Talk about a spectacular fall from grace!
Cross Chain Push Into Tron
In what can only be described as the next thrilling chapter in this soap opera, TRUMP has decided to spread its wings and fly over to the Tron blockchain. A bold move, designed to tap into Tron’s ever-expanding user base and its supersonic transaction speeds. After all, who wouldn’t want to be a part of a blockchain that boasts over 100 million accounts and sub-second confirmations? 🚀
$TRUMP on #TRON is coming. Stay tuned!
— TrumpMeme (@GetTrumpMemes) July 7, 2025
Volatile Price Swings Define TRUMP
If you’ve been following TRUMP’s price history, you’d know it’s like the cryptocurrency equivalent of a rollercoaster designed by a madman. After the initial frenzy in January, its price tumbled 88% from $80 to $8.60—taking with it a stunning $65 billion in valuation. One could only assume the investors were clutching their seats as the drop sent them into a frenzy of regret.
And now, dear reader, TRUMP sits firmly at the $8.60 mark. It’s less a long-term investment and more a speculative gambling spree. Investors who found themselves at the peak briefly basked in the glory of massive gains, only to see it all crash down faster than you can say “crypto crash.” 🎢
Justin Sun’s Big Stake
In case you thought the fun ended there, Justin Sun, the Tron founder, waltzed in on May 20, 2025, with the declaration that he is, in fact, the largest holder of TRUMP. How convenient! Apparently, Sun dropped a cool $75 million into Trump’s World Liberty Financial platform, earning him a tidy $19 million stake in TRUMP. As they say, a small investment for a very large piece of the meme coin pie. 🤑
Of course, as any good story goes, there are perks! Sun bagged a “private dinner” with the top 220 token holders, a delightful evening at none other than President Donald Trump’s Virginia golf club. Ah, the sweet, sweet mix of crypto and politics—surely this is all perfectly above board, right?
Central Control Raises Warnings
Now, here’s where things get a bit murky. Two Trump-affiliated companies—CIC Digital LLC and Fight Fight Fight LLC—control a whopping 80% of TRUMP’s token supply. And these tokens, mind you, are locked up for a three-year vesting period. Analysts, ever the party poopers, warn that this centralization could lead to some price manipulation. You know, the kind where the insiders have a bit too much control, and the whole idea of decentralization starts to look like a bad joke. 🎭
On the political front, Senators Richard Blumenthal, Elizabeth Warren, and Jeff Merkley are stepping up with calls for new regulations to keep politicians and their cronies from launching digital coins for their own, ahem, “personal gain.” Because, as we all know, the idea of a politician cashing in on a meme coin is as clean as a whistle! 🎶
Traders And Regulators Brace For Tron Launch
As TRUMP gets ready to make its grand entrance on the Tron blockchain, traders and regulators alike are all on tenterhooks. Will the meme coin experience another wild surge in trading volume? Or will the same factors—viral hype, insider perks, and a healthy dose of centralization—send it into another spectacular nosedive?
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2025-07-08 18:46