Just three days before Donald Trump’s second presidential inauguration, a new digital coin burst onto the scene that sent shockwaves through both the crypto world and gaming communities. The Trump meme coin, officially called $TRUMP, launched on January 17, 2025, and quickly became the talk of both political and gaming circles when developers announced a massive $1 million gaming competition.
Operating on the Solana blockchain, this SPL token carries Trump’s official endorsement. He confirmed its legitimacy on both X and Truth Social, calling it the “only official Trump meme.” The coin’s logo shows a cartoon Trump raising his fist, a direct reference to his survival of the 2024 assassination attempt.
The numbers behind $TRUMP are staggering. With a total supply of 1 billion tokens, the coin’s market value shot up to nearly $11 billion within hours of launch. Prices peaked at over $70 per coin before settling around $37, though current trading shows it at $5.51 with a market cap of $1.09 billion. Investors face significant risks as the coin’s value is driven purely by speculation and market sentiment.
Now gamers have a chance to win big through a Monopoly-style mobile app that lets players compete for $1 million worth of $TRUMP tokens. The gaming competition taps into the growing trend of mixing cryptocurrency with entertainment, making digital assets more accessible to everyday users. Trump’s project makes history as no other president has ever launched a meme coin before this unprecedented move into cryptocurrency.
Two Trump-owned companies hold 800 million tokens, giving the former president a crypto fortune exceeding $1.2 billion. The remaining 200 million tokens were released to the public through an initial offering, with specific unlock schedules over the coming months.
Trading platforms like Robinhood, Crypto.com, and Public.com have made $TRUMP easily accessible, with over 634,000 holders joining the movement. The coin currently shows a 24-hour trading volume of $166.97 million. Unlike traditional stocks that focus on proven strategies and company fundamentals, meme coins like $TRUMP rely entirely on market sentiment and social media hype.
While critics have raised concerns about political figures entering cryptocurrency, supporters see this gaming initiative as an innovative way to blend politics, technology, and entertainment. The Monopoly-style competition represents a new frontier where traditional board game mechanics meet modern digital currency, creating opportunities for both seasoned crypto traders and curious newcomers.
