According to Gate.io market data, the current price of TRUMP coin is $19.2. Since its launch in the Gate.io Pilot zone at 11 a.m. today, the trading volume of TRUMP token has reached $16 million, with a cumulative increase of 370%. The current circulating market value of TRUMP token is $3.8 billion, ranking 40th in the market.
In addition, Arkham data shows that the first address of $TRUMP holdings (2RH6rUTPBJ9rUDPpuV9b8z1YL56k1tYU6Uk5ZoaEFFSK) includes Gate.io as the main source of funds, with the address holding about 80% of $TRUMP. As the earliest cryptocurrency exchange to list the TRUMP token, Gate.io will launch OFFICIAL TRUMP (TRUMP) spot trading at 20:00 on January 18, 2025 (UTC+8).
At 10 a.m. this morning, U.S. President-elect Trump announced the launch of his personal meme coin ‘TRUMP’ via social media, and it is available for purchase on the website ‘GetTrumpMemes.com’. Despite initial doubts from many cryptocurrency traders that Trump’s account was hacked, the TRUMP token still performed strongly, quickly surpassing a market value of $2 billion. Subsequently, the market dismissed the possibility of theft after confirmation from Trump’s official X account.
TRUMP coin is based on the Solana blockchain and supports both traditional and cryptocurrency payments. It aims to commemorate the iconic statements made by Trump after his assassination attempt. The total supply of TRUMP coin is 1 billion, with an initial circulation of 200 million. The remaining tokens will be gradually unlocked over three years. Currently, the fully circulating market value of TRUMP tokens has exceeded $19 billion, with the majority held by official addresses. TRUMP tokens not only represent Trump’s political symbol but may also become a cultural symbol, promoting the integration of cryptocurrency and politics and further influencing market trends.