The TRUMP meme coin, Donald Trump’s official cryptocurrency, took the cryptocurrency world by storm after its launch on Friday. Within hours, it became the hottest topic on the market, captivating investors and enthusiasts alike. On Saturday morning, as the United States woke up to this news, the price of the TRUMP coin skyrocketed to an astonishing $30, a staggering 12,000% enhance from its launch price.
The explosive growth that has occurred overnight seems to be just the beginning. A coin’s acute rise in value barely causes a decline on its increasingly vertical chart. With a staggering $6 billion market capitalization and a fully diluted valuation of $30 billion, TRUMP coin is quickly establishing itself as a meme coin phenomenon.
For early investors, the profits were life-changing. A modest $10,000 investment at launch is now worth an incredible $1.2 million, highlighting the enormous potential of this viral asset. As TRUMP coin continues to dominate headlines, speculation is growing as to whether this is short-lived hype or the start of a recent trend in the crypto space. With such explosive growth, all eyes are on the next move of this unprecedented meme coin.
TRUMP becomes the biggest meme coin in history
At 9:44 PM ET on an otherwise tranquil Friday evening, President-elect Donald Trump made history by launching the $TRUMP meme coin, which has already become the biggest meme coin phenomenon the market has ever seen. According to Kobbeissi’s lettera trusted voice in commentary across global capital markets, TRUMP surged a staggering 9,500% with $2.2 billion in trading volume in just 12 hours of launch.
Initially met with skepticism, the announcement of $TRUMP’s launch seemed so unlikely that many traders assumed Trump’s account had been hacked. However, in the absence of an official statement denying the coin’s legitimacy, confidence has increased and so has the price.
At 12:45 PM EST, TRUMP broke through the $10 mark, accelerating and going parabolic. Investors witnessed unprecedented returns in the early hours. One investor reportedly turned $50,000 into nearly $1.1 million in just two hours. Interestingly, over the same miniature period, TRUMP outperformed the S&P 500’s 30-year cumulative return.
A key factor driving the coin’s explosive price action is its restricted circulating supply. Currently, only 20% of the maximum supply – 200 million coins – is on the market. The remaining 800 million coins will be gradually released to the market over the next 36 months. There is speculation that Trump himself owns this undivided share, potentially giving him significant control over the assets.

As $TRUMP has already established itself as a phenomenon, the coin’s trajectory remains a captivating spectacle. This unprecedented rally and supply mechanics intrigue cemented itself as one of the most extraordinary stories in cryptocurrency history.
Details of price action and market capitalization
The rapid enhance in the value of the TRUMP coin has raised questions about its market capitalization and fully diluted valuation (FDV). With a total supply of 1 billion coins, the FDV – if all tokens were in circulation – would be approximately $21 billion based on current prices. However, since there are only 200 million coins currently in circulation (20% of the total supply), the market capitalization is approximately $4.2 billion. This significant discrepancy highlights the impact of current supply on valuation metrics.
The price action provides restricted insight into the coin’s future for now. There is little data to perform meaningful technical analysis. The TRUMP chart essentially consists of a parabolic green candle, reflecting its meteoric rise in an environment dominated by media hype. This leaves the market with one fundamental question: Can demand maintain current levels as the remaining 80% of supply gradually enters circulation?

The TRUMP issuance schedule outlines how to achieve maximum supply over the next 36 months. Skeptics claim that this influx of supply could lead to an oversaturation that will ultimately cause the coin’s price to drop to $0. On the other hand, bulls believe that the gradual nature of the schedule allows demand to keep pace. This could reduce the risk of significant price dilution. For now, the debate continues.
Featured image from Dall-E, chart from TradingView