what's $Trump?
$Trump is a memecoin launched on the Solana blockchain, directly associated with former President Donald Trump. It emerged as part of the broader meme coin trend in cryptocurrency, where tokens are inspired by internet culture, public figures, or viral events. The project gained prominence through Trump's public endorsements on social media platforms like Twitter (now X) and Truth Social, positioning it as an official venture tied to his personal brand. The token operates on Solana's high-speed, low-cost network, enabling quick transactions and accessibility for retail traders. A significant portion of the supply was initially allocated to Trump-affiliated entities, with liquidity provided through decentralized exchanges. While memecoins like $Trump often lack intrinsic utility beyond community engagement and speculation, this one leveraged Trump's political influence to drive adoption and trading volume. Community discussions highlight its role in the intersection of politics and crypto, sparking debates on ethics and regulation. Holders interact via social media, with updates tied to Trump's activities, making it a culturally resonant asset in the meme coin ecosystem.
Trump Media set Feb 2 record date for non-transferable token distribution (1 per TMT share) via Crypto.com.
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Insiders extracted over $600M, earning $1.2B using single-sided liquidity strategies through Meteora pools on Solana, while retail investors lost $4.3B on the token launch.
Recorded $119.4K in total netflows on Solana over a 24-hour period ending February 9, 2026, ranking second among memecoins on the network.
Identified as one of the most memorable moments in Solana ecosystem history, alongside major events like network outages, NFT mints, and other memecoin launches.
Set February 2, 2026 as the record date for Trump Media token distribution, allocating 1 token per whole share of TMT with tokens being non-transferable and providing rewards such as discounts to Trump Media products.
Partnered with Crypto.com to mint and custody the Trump Media tokens pending distribution.
Experiences daily linear token unlocks exceeding $1 million in value during the period from January 19-26, 2026.
The team withdrew $33M from the liquidity pool and offramped via Coinbase.
Whale address FRvvqp deposited 3 million $TRUMP tokens (valued at $14.88M) into Binance, originally purchased at $7.56 approximately two months prior, representing a realized loss of approximately $7.8M.
Token unlock event scheduled this week; $2.7 billion in insider tokens remain locked until 2028.
60 Minutes plans to release a piece examining Trump's crypto empire and the controversial CZ pardon. Binance has not responded to whether they will sell their $2 billion USD1 position following the pardon.
U.S. Senator Chris Murphy questioned for promoting the project shortly after President Trump pardoned Binance founder Changpeng Zhao.
The launch on Meteora platform generated approximately $20-30 million in fees, with the team describing it as a perfectly executed large-scale token event.
Whale buys $4M from OKX, with linked wallets holding an additional $7.5M and $6.5M in connected positions.
During today's market flush, $TRUMP trails behind $USELESS in Coinbase trading volume, marking a shift from its previous position as the most traded on-chain memecoin.
Newsmax unveils a Bitcoin and Trump meme coin treasury today.
$TRUMP ranks as the most traded on-chain memecoin for nearly a week straight, with trading volume above $USELESS and $FARTCOIN.
Traders using custom scripts to monitor and secure top holder positions for $1,200 each, gaining access to exclusive benefits.
Top 220 holders offered private dinner with Trump and White House tour, causing price surge despite regulatory concerns.
Immediate shutdown risk emerges following reported Truth Social announcement.
Price sits 88% below 52-week high, showing significant underperformance versus both crypto and traditional markets.
Token dropped below $20, down from peak. Hit $20 with major selloff. Down 74%. Previously launched at launch of Trump's presidential campaign.