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Information about OFFICIAL TRUMP (TRUMP)
On January 18, 2025, Donald Trump's social media accounts on Truth Social and X simultaneously shared information about TRUMP, a memecoin launched on Solana.
According to the official website, TRUMP is the "official memecoin" of Donald Trump, inspired by the "Fight, Fight, Fight" message he delivered during the "assassination attempt" in July last year, one of the most notable highlights of his journey back to the White House.
Just 15 minutes after its launch, TRUMP's market capitalization reached nearly $400 million. The token's value surged by over 12,000%, peaking at $35.
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Donald Trump’s family is reportedly releasing a blockchain-based game inspired by Monopoly this April. The game is led by Bill Zanker, who previously collaborated with Trump on NFTs and the TRUMP token. However, skepticism exists within the crypto community regarding the transparency of the game’s details.
Concerns about copyright issues with Hasbro, Monopoly’s owner, may impact the game’s release. Many in the crypto community are questioning whether Trump’s game will be more than just a cash grab, with little clarity on its tokenomics.
Filecoin’s price bounced back from 2.26 USD, now at 2.50 USD, with potential to reach 2.99 USD due to the FIP 0097 proposal and improved Ethereum compatibility.
EigenLayer seeks to break the 0.86 USD resistance this week, leveraging the Slashing upgrade that could propel its price to around 1.00 USD if successful.
TRUMP token faces challenges with a token unlock on April 18, risking a drop to 7.14 USD unless the price rebounds beyond 9.11 USD.
The Trump family has intensified their involvement in cryptocurrency by launching multiple projects, such as NFTs and DeFi initiatives, in a bid to increase control over the market. Their investment of nearly $1 billion comes even as the crypto landscape remains unstable.
The ‘TRUMP’ coin trades at 8.55 USD, with a market cap of 1.71 billion USD. Despite a 31.87% rise over 90 days, it has seen volatility, losing 26.57% in 30 days, attracting attention for potential conflicts of interest.
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