The crypto world received a ‘pleasant’ surprise from the president of the United States, Donald Trump, as he launched his official meme coin, Official Trump.

In this article, we’ll learn about what is the Official Trump (TRUMP) token, it’s background, potential use cases, and how to buy it.

What is Official Trump?

Only two days before the official inauguration of the 47th president of the United States, the launch of the Official Trump cryptocurrency was announced by the official X account of Donald Trump.

According to the meme coin’s official website, this Official Trump (TRUMP) token was marketed as a unique opportunity to express “support for, and engagement with, the ideals and beliefs” embodied by the symbol TRUMP.

Initially, many people were hesitant to buy this meme coin, owing to concerns of a potential hack of Donald Trump’s social accounts, however, once it was confirmed that this token was indeed an official token of Trump, the token started to gain momentum.

In less than 48 hours of this token launch, the token skyrocketed to an all-time high of $73.43 on Jan. 19, 2025. This move was propelled by Trump’s upcoming inauguration on Jan. 20 as well as several exchange listings including Binance, Bybit, Mexc, and many others.

However, after this price surge, the drop was also brutal as the Official Trump cryptocurrency has fallen more than 60% from its all-time high and is currently trading at around $29 at the time of writing.

History and background

The Official Trump (TRUMP) token is a meme coin associated with the President of the United States, Donald Trump. It is launched on the Solana blockchai

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Author: Hassan Shafiq