Cryptocurrency Knowledge

WHAT IS TRUMP?

GET TO KNOW TRUMP

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What is Official TRUMP (TRUMP)?

OFFICIAL TRUMP (TRUMP) is a meme coin launched by Donald Trump.
By being designed to reflect his political identity and the meme culture that grew up around his public image.
The important thing is that this coin was not created to be an investment tool.
But its primary purpose is to be a tool to build community engagement.
And it symbolizes support for Trump's ideology and presidency.
It is important to understand that this type of coin carries a high risk.
Because the value does not come from fundamental or practical factors, but mainly from the current of popularity and speculation.

Native Blockchain:

Official TRUMP (TRUMP) is on Solana-based

Protokola Konsensus:

Solana uses a mixed consensus mechanism between Proof of History (PoH) and Proof of Stake (PoS).
Proof of History (PoH) serves to create a time record to prove that different events occur in a certain order.
Proof of Stake (PoS) encourages validators to act faithfully using staking.

Founder/Date Founded:

Official TRUMP (TRUMP) is closely linked to Donald Trump.
It was officially launched on January 17, 2025, through the operation of companies directly associated with Trump.
The main drivers are CIC Digital LLC and Fight Fight Fight LLC.
These two companies still have significant control over the management of token distribution.

Objective/Use Case:

The Official TRUMP Coin (TRUMP) serves as a digital token expressing support for Trump and his political brand.
It's like a digital emblem where supporters can express their political stance.
Like regular meme coins, the value of OFFICIAL TRUMP (TRUMP) is driven by market sentiment and trading for speculation.
This means that prices can fluctuate highly according to the popularity and current at the time.

Total supply/Limit or Unlimited:

Official TRUMP (TRUMP) has fixed the total number of tokens at 1 billion tokens.
This means that no more tokens will be created in the future.

Risks of Investing in Official TRUMP (TRUMP):

OFFICIAL TRUMP (TRUMP) HAS BEEN DISTRIBUTING TOKENS AT THE BEGINNING. 200 MILLION TOKENS HAVE BEEN RELEASED TO THE PUBLIC THROUGH ICO FUNDING.
This provides an opportunity for the general public to access and own the token.
But the remaining 800 million tokens were held by companies associated with Trump.
With a phased release plan over a three-year period.
Because most coin holdings are restricted in the hands of Trump-affiliated entities.
which plans to release coins to the market gradually over a period of several years.
If it is sold out in large quantities over a short period of time, it can result in a sudden drop in price.

Source:

https://www.coingecko.com/en/coins/official-trump 

https://coinmarketcap.com/currencies/official-trump/ 

https://gettrumpmemes.com/ 

https://x.com/realDonaldTrump/status/1880446012168249386 

https://en.wikipedia.org/wiki/%24Trump 

https://www.cnbc.com/2025/01/23/trump-signs-executive-order-on-crypto-digital-asset-stockpile.html 

https://dune.com/seoul/trump 

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