The Official TRUMP token soared to an $8.8 billion market cap within days of its debut on Solana — but has since plunged nearly 90 percent, reflecting the sharp volatility of political and celebrity-driven crypto assets.
When the Official TRUMP token launched on January 18, 2025, it was heralded as a political-crypto crossover moment. Riding social-media momentum and Trump-themed branding, the Solana-based token climbed to a market cap of $8.8 billion by January 22. Within a week, it had captured headlines as one of the fastest-rising meme assets of the year.
By June, the token’s market value had fallen to roughly $1.9 billion, representing an 86 percent decline from its peak. CoinGecko and TradingView data now show it trading near $6 per token, down almost 90 percent from early highs. Despite promises of a native wallet and expanding ecosystem, the project’s roadmap remains largely absent.
(Data sources: Protos | CoinGecko | TradingView)
🔗 View live market data on CoinGecko →
Market analysts point to the same pattern that has plagued prior celebrity-linked coins: a concentrated supply held by insiders, thin liquidity, and retail speculation untethered to fundamentals. Reports suggest that as much as 80 percent of supply was initially controlled by the creators and affiliated entities, creating what some traders call a “low-float illusion.”
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As the 2026 campaign season approaches, the coin’s slide serves as a reminder that speculative fervor around personality-driven tokens rarely outlasts the initial rally.
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