Trump has launched his own cryptocurrency, $TRUMP.

Donald Trump has announced the launch of his own cryptocurrency $TRUMP

U.S. President Donald Trump has introduced his cryptocurrency—a meme coin called $TRUMP. He shared this news on the social media platform X.

"It's time to celebrate everything we stand for: victory. Join my community and get your $TRUMP right now," Trump wrote.

According to information on the official project website, 200 million coins will be available on the first day of release. Over the next three years, the total number of tokens will reach one billion.

The cryptocurrency's website reflects Donald Trump's style and features his famous phrase "Fight, fight, fight", which he uttered after an assassination attempt on him in July 2024.

What is the price of $TRUMP?

According to CoinDesk, the token's value skyrocketed from a few cents to $14 in less than six hours.

It is expected that Trump's new economic policy could influence cryptocurrency regulation and the global digital asset market.

What are meme coins?

Meme coins are cryptocurrencies created based on internet memes, jokes, or pop culture. Unlike Bitcoin or Ethereum, they rarely possess technological innovations and primarily rely on hype, celebrity endorsements, and community engagement.

An example of a successful meme coin is Dogecoin, which was originally created as a joke but gained popularity due to its community and public support from Elon Musk.

While meme coins can experience rapid price increases, they are also extremely volatile, making them high-risk assets for investors.