Donald Trump’s recently launched $TRUMP coin has taken the cryptocurrency world by storm, surging over 1,000% in value since its debut. The meme coin, unveiled on the Solana blockchain during the “Crypto Ball” event last Friday, has captivated investors and Trump supporters alike. With a fully diluted market capitalization of $73 billion, this token has become a focal point in both political and financial circles.
The $TRUMP coin launched just days before Trump assumes office, aligning with his pro-crypto stance. Trump described the token on platforms like Truth Social and X (formerly Twitter) as an opportunity to unite individuals who share his vision of “fighting for what matters.”
Currently priced at £59.95 ($73) per token, the $TRUMP coin is circulating with 200 million tokens available, with plans to gradually release up to 1 billion over three years.
How to Buy Trump Coin
For those eager to acquire $TRUMP tokens, here’s a step-by-step guide:
1. Purchase on Moonshot
The official website, gettrumpmemes.com, directs users to Moonshot, a memecoin launchpad app. Users can sign up using their email addresses and deposit funds through Apple Pay, debit or credit cards, Venmo, or cryptocurrencies like Solana or USDC. These funds can then be exchanged for $TRUMP tokens.
2. Check Major Crypto Exchanges
Prominent exchanges like Binance and Kraken are also listing $TRUMP tokens. Investors need to create accounts on these platforms, verify their identities, and fund their wallets. After searching for $TRUMP tokens, buyers can place an order at the current market price.
3. Use a Contract Address
Alternatively, the $TRUMP coin website provides a Solana blockchain contract address: 6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN. To use this method, create a crypto wallet on a Solana-compatible platform like Trust Wallet. Fund the wallet by transferring Solana tokens from an exchange such as Binance. Then, connect the wallet to a decentralized exchange like Raydium, input the contract address, and swap Solana for $TRUMP tokens.
What Sets $TRUMP Coin Apart?
Unlike many meme coins that experience extreme volatility, $TRUMP tokens have a staggered unlocking plan. This ensures entities affiliated with the Trump Organization cannot flood the market by selling large quantities at once. However, buyers should remain cautious, as meme coins often present significant risks despite their allure.
A Growing Phenomenon
As $TRUMP coins gain traction, questions persist about their long-term stability and purpose. With Trump’s political backing and strategic market moves, the token has positioned itself as more than just another cryptocurrency.
Disclaimer
Investing in cryptocurrencies involves risk. Readers are encouraged to seek professional advice and exercise due diligence before making any investments.
Trump Coin’s remarkable surge signals a new chapter in the ever-evolving world of digital currencies, merging politics, finance, and innovation in a way few anticipated.
Jaja has a degree in journalism and took classes in international law and business communication. Her career spans roles at prominent international media outlets, including International Business Times, Celebeat and Delightful Philippines. As a news editor, Jaja covered a wide range of beats, including legal, business, economy, cryptocurrency, personal finance, gaming, technology, and entertainment.