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    Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

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How to Buy Donald Trump’s $TRUMP Memecoin?

Story Highlights
  • President-elect Trump announced the release of the $TRUMP coin on his social media.

  • To purchase $TRUMP, users need a Solana-based exchange like Jupiter and a Phantom wallet, while also gaining access to the Trump Meme Community.

  • Experts remain uncertain about $TRUMPโ€™s long-term value, with some speculating itโ€™s connected to Trumpโ€™s previous NFT project.

As President-elect Donald Trump prepares for his return to the White House, his social media accounts have made waves with an unexpected announcementโ€”a new cryptocurrency called “$TRUMP.” The unusual posts raised suspicions among social media users, with some wondering if the accounts had been hacked.m

Here’s the story behind the coin.

Introducing the $TRUMP Meme Coin

Trumpโ€™s official X (formerly Twitter) and Truth Social accounts shared news of a Solana-based memecoin, $TRUMP.

โ€œMy NEW Official Trump Meme is HERE! Itโ€™s time to celebrate everything we stand for: WINNING! Join my very special Trump Community. GET YOUR $TRUMP NOW,โ€ the post read, linking to a website.

Within hours, $TRUMPโ€™s market cap surged to nearly $3.97B. Trading volume approached $1 billion, and the coinโ€™s value soared more than 300%, jumping from $0.18 to $7.1.

The coin launched with 200 million tokens out of a total supply of 1 billion, which will be gradually released over the next three years.

How to Buy $TRUMP

To buy $TRUMP, users need to use a Solana-based exchange like Jupiter and a non-custodial wallet, such as Phantom. The coinโ€™s contract address is available on CoinMarketCap and SolScan. Itโ€™s essential to verify the address, as fake versions of the coin are already circulating. Purchases can be made in SOL or other SOL-compatible tokens.

When buying $TRUMP, users also gain access to the Trump Meme Community, which promotes success and optimism.

Is $TRUMP Legit? Experts Weigh In

Blockchain engineer Cygaar suggests that the new meme coin is likely created by the same team behind Trumpโ€™s previous NFT project, as the websites share several technical similarities. Additionally, Slorg, a member of Jupiterโ€™s Core Working Group, confirmed that $TRUMP has been verified and listed on the Jupiter Exchange.

The Story Behind $TRUMP

According to The Trump Meme website, the coinโ€™s assets are minted through the Solana blockchain. The website features a meme of President Trump with his fist raised and signature, marking the coin as a “piece of history.” The description highlights that on July 13, 2024, President Trump โ€œfaced death and came up fighting,โ€ adding a personal touch to the meme.

The website also states that the coin is apolitical and not associated with any political campaign or office. Despite this, Trump and his family have been promoting a wide range of products during the 2024 campaign and as his inauguration approaches. These include a version of the holy book, a Les Paul-style guitar from “Trump Guitars,” gold Trump sneakers, assassination attempt cologne, and $100,000 watches.

Trump’s Growing Crypto Presence

In September, Trump announced that he and his family are launching a crypto business called World Liberty Financial. While $TRUMP has generated attention, its long-term value and potential remain uncertain.

Is $TRUMP here to stay? We’ll have to wait and see.

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