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crypto.news 2025-02-01 23:59:03

How many Official Trump coins are there? Tokenomics guide

The Official Trump token launch shook the world of cryptocurrency, as it became the first token officially associated with a prominent world president. Table of Contents Introduction to Official Trump Supply of Official Trump coins Official Trump coin’s tokenomics How Official Trump coin’s supply affects price and value In this article, we’ll learn how many Official Trump coins are there, how many Official Trump ( TRUMP ) coins are available to the public, and how the price and value are affected by TRUMP’s token supply. Introduction to Official Trump The Official Trump token is a meme coin that was launched on Jan. 17, 2025, and promoted as a unique opportunity to show “support for, and engagement with, the ideals and beliefs” symbolized by the TRUMP sign, according to the meme coin’s official website . Following its launch, the token surged to an all-time high of $73.43 on January 19, 2025, in less than 48 hours. Donal d Trump’s impending inauguration on January 20 and several exchange launches, including Binance, Bybit, Mexc, and many more, served as catalysts for this price action. However, after this hype died down, the token experienced a more than 60% drop in price. At the time of writing, the TRUMP token is trading at $27.38 with a market cap of $5.47 billion, and a 24-hour volume of $2.59 billion. TRUMP token 4h chart | Source: crypto.news Now let’s discuss how many Official Trump coins are in circulation. Supply of Official Trump coins The TRUMP token is launched on the Solana blockchain, with a total number of Official Trump tokens set at one billion coins, 800 million of which are owned by Trump-owned corporations, while 200 million are in circulation. Also, the Official Trump supply of tokens is capped at one billion coins in total, which means that more than one billion coins cannot be minted at any point in time. Since 80% of the supply is yet to be released investors should exercise caution before investing in this token, as the gradual supply release into the market can directly affect the price of the TRUMP token. You might also like: How many pepe coins are there? Official Trump coin’s tokenomics As per the official website , the TRUMP token’s total supply will be completely released over the next three years. There are a total of 8 groups to which this supply of tokens will be released, as follows: Creators & CIC Digital, 1: 36% allocation, 3-month lock-up, 10% unlocked initially, remaining over 24 months daily Creators & CIC Digital, 2: 18% allocation, 6-month lock-up, 25% unlocked initially, remaining over 24 months daily Creators & CIC Digital, 3 : 18% allocation, 12-month lock-up, 25% unlocked initially, remaining over 24 months daily Creators & CIC Digital, 4: 4% allocation, 3-month lock-up, 10% unlocked initially, remaining over 24 months daily Creators & CIC Digital, 5: 2% allocation, 6-month lock-up, 25% unlocked initially, remaining over 24 months daily Creators & CIC Digital, 6: 2% allocation, 12-month lock-up, 25% unlocked initially, remaining over 24 months daily For more information and regular updates, keep in touch with the official website of the TRUMP token. How Official Trump coin’s supply affects price and value Since the total supply of TRUMP tokens is capped at one billion tokens and only 200 million is released, the remaining supply release can have a major impact on the token’s price. As the Trump-owned corporations are centralized owners of the 80% unreleased supply, it raises concerns around centralization as price fluctuations can be volatile as compared to other cryptocurrencies where the supply ownership is more diversified and in a sense, more decentralized as well. Also, demand for Official Trump tokens in the world can have a direct impact on its long-term value. It is important that both public and institutional interest remains high in this token as that is a deciding factor for any token to thrive in this volatile crypto market. Since the TRUMP token is a meme coin with no real utility, it will be interesting to see if the team behind the TRUMP token starts to integrate this token with Trump-affiliated platforms, merchandise, or political initiatives, which may boost the price of the token in the long run. However, despite being the first official currency of a country’s president, caution should be exercised due to the volatile nature of the cryptocurrency markets. It is advisable to do research before making an investment decision to avoid any potential losses. You might also like: Here’s why analysts believe TRUMP may have bottomed

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