Trump (cryptocurrency)

Chronicle

2025: Trump launched his digital currency. Its capitalization reached $25 billion

On January 17, 2025, the president-elect USA Donald Trump launched his digital currency $ Trump (Official Trump). Its capitalization at its peak reached $25 billion.

Trump's token quickly burst into the top twenty most sought-after cryptocurrencies. According to analysts in the field, the blockchain digital panic was so large-scale that $ cryptocurrency Trump pulled over funds from the rest of the market, forcing other assets to fall somewhat in price. Traders hastily sold their existing cryptocurrencies to spend on $ Trump.

𝓲

Фото: independent.co.uk

It's time to celebrate everything we stand for: victory! Join my special Trump community. Get your $ Trump now, "the president-elect of the United States wrote.

At the same time, the new first lady of the United States, Melanija Trump, followed the example of her husband, launching her own cryptocurrency $ Melania. This event led to a collapse in the value of $ Trump, which fell by more than 50% - from $75 to $30. However, soon after that, the price of the president-elect's cryptocurrency recovered to about $64. Meanwhile, the market capitalization of $ Melania reached $13 billion.

The coordinator of the $ Trump cryptocurrency project was CIC Digital LLC, a subsidiary of the Trump Organization. The coin's website says that as of its announcement, about 200 million digital tokens have been issued, and another 800 million will be issued over the next three years.

Trump promised to become a "crypto president." He is expected to issue decrees aimed at reducing obstacles in the field of cryptocurrency regulation and promoting the widespread introduction of digital assets. The prospect of easing regulation of the cryptocurrency industry was enthusiastically welcomed by the market and provoked an increase in the bitcoin exchange rate after Trump's victory in the elections in November 2024.^[1]

Notes