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-2.87%
what price did trump coin launch at
Launched January 18, 2025, TrumpCoin (TRUMP) debuted at $0.18, surging over 15,000% within 12 hours due to its celebrity backing and market speculation, but carries significant risk due to potential manipulation and market volatility.
Mar 20, 2025 at 01:00 pm
Issuance price details
Issuance mechanism and supply situation
According to the official Trump currency website GetTrumpMemes.com, the total supply of this currency is set to 1 billion coins. But at the beginning, only 200 million were put into circulation. The remaining 800 million will be gradually unlocked in the next three years and belong to CIC Digital LLC and Fight Figure LLC, a subsidiary of Trump Group. This phased unlocked supply method will have a continuous impact on market circulation and price trends. For example, as the subsequent unlocking of a large number of tokens flows into the market, if market demand does not increase accordingly, it may lead to an increase in downward pressure on prices.
Price fluctuation factors
Celebrity Effect and Market Hype : As an influential public figure, Trump's personal brand effect has driven a large number of investors into the market. Many investors buy Trump coins because of their support for Trump or simply optimistic about their popularity. This investment behavior based on the halo of celebrities has triggered crazy speculation in the market, causing prices to fluctuate significantly in a short period of time.
Suspicion of market manipulation : The official website shows that two affiliates of the Trump Group hold 80% of the "Trump currency", which makes the market suspicion of being manipulated. Since these two companies can control the issuance rights, circulation rights, supply and demand of "Trump currency", any decisions of their products, such as whether to sell a large number of tokens in their hands, may trigger drastic changes in market prices.
Overall environment of the cryptocurrency market : The cryptocurrency market itself is highly uncertain and volatile. The price fluctuations of mainstream cryptocurrencies such as Bitcoin, changes in cryptocurrencies-related policies and regulations, and the overall market confidence in cryptocurrencies will all have an impact on the price of Trump currency. For example, if regulators issue policies that are unfavorable to cryptocurrencies, the entire market, including the Trump currency, may fall.
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