TRUMP Coin Update: Price Slides as Scrutiny Grows
Official TRUMP meme coin is currently trading at $2.17, down roughly 5-6% in the last 24 hours and about 2.5% over the past week. The coin's market cap now stands at approximately $569 million, with a circulating supply of 260 million TRUMP tokens.
The Coin's Story
TRUMP launched in January 2025, just three days before Donald Trump's second inauguration. In its first 24 hours, the token's value surged by more than 18,000%, sending shockwaves through the crypto world. Built on the Solana blockchain, TRUMP falls under the "PolitiFi" category — a blend of politics and decentralized finance.
The coin's all-time high was $74.27, reached on January 19, 2025. Today's price represents a roughly 97% decline from that peak.
A Major Controversy
The biggest headline surrounding TRUMP right now: Trump's financial disclosures revealed that he and related crypto ventures have earned over $600 million in revenue tied to the memecoin. On the other side, independent analyses estimate that nearly one million buyers have collectively lost around $3.8 billion, as the token fell 98% from its peak.
In response, U.S. Senators Elizabeth Warren and Richard Blumenthal sent a letter urging the SEC to investigate the TRUMP memecoin, citing concerns over potential fraud, rug-pull elements, and insider benefits under securities law.
Trading Volume
Since its launch, TRUMP has generated a total spot trading volume of $38 billion. Binance leads the pack with $16 billion in trading volume, followed by OKX and Bybit, each contributing between $6-7 billion.
Conclusion
TRUMP coin remains one of the most talked-about assets in crypto — praised for its early hype and massive trading volume, yet under growing scrutiny over regulatory risk and heavy losses for retail investors. The outcome of a potential SEC investigation could significantly impact the coin's price in the coming weeks.$TRUMP
