Re-elected President Donald Trump Launches His Own Meme Coin, $TRUMP

Re-elected President Donald Trump's $TRUMP meme coin, launched Friday, December 17, has quickly gained traction, surging to a market cap nearing $7 billion.

Freshly minted by re-elected President Donald Trump, $TRUMP meme coin has taken the crypto world by storm since its launch on Friday, December 17. The coin, designed to commemorate Trump's victory, has quickly ascended the market cap rankings, reaching nearly $7 billion.

Over the 24-hour period, the token experienced a 382% surge, generating an impressive $9.5 billion in daily trading volume. This strong performance has already secured the 27th spot on CoinMarketCap.

Several major crypto exchanges, known for their close alignment with the market's pulse, have swiftly added $TRUMP to their offerings. One notable addition is instant crypto exchange ChangeNOW, whose listing announcement was shared on X.

ChangeNOW enables seamless integration for both exchange and fiat purchases of $TRUMP. The platform boasts a wide selection of trading pairs, including $TRUMP/BTC, $TRUMP/$USDT, $TRUMP/$SOL, and $TRUMP/$DOGE, among hundreds of others.

This non-custodial platform provides access to 1,200+ cryptocurrencies and 500,000+ exchange pairs, offering support for purchases in over 60 fiat currencies. It ensures transparent fees, with exchanges taking around 5 minutes, and allows crypto swaps starting from $2, with no upper limit on swap amounts.

$TRUMP Coin: A Product of Trump's Crypto Presidency

Following his election victory, which played a role in Bitcoin's surge past the $100,000 mark, President-elect Donald Trump unveiled his own meme coin, $TRUMP. In a post on Truth Social, he celebrated his presidential win and upcoming inauguration on January 20, 2025, highlighting the triumph of "WINNING." The coin, inspired by his iconic “Fight, Fight, Fight” slogan after surviving an assassination attempt at a rally, marks Trump's deepening involvement in the cryptocurrency sector.

The $TRUMP coin, built on the Solana blockchain, initially caps its supply at 200 million coins, with plans to expand it to one billion over the next three years. The coin's strong debut has led to speculation that it could rival Dogecoin's dominance in the meme coin market.

Trump's foray into meme coins aligns with his previous ventures in the NFT space and the launch of a crypto platform last year. As he begins his second term, Trump has pledged to advance crypto-friendly policies, including an executive order designating crypto as a “national imperative.” His advisers are also considering easing regulations on crypto holdings by banks and companies, further cementing his vision as a "crypto president."