Trump’s $TRUMP Coin Hits $15 billion, Then Crashes Below $10

- Major exchanges listed $TRUMP in record time after Trump’s promotion. - $TRUMP surged to $75 before crashing below $10, leaving retail investors reeling. Donald Trump launched the $TRUMP memecoin just days before his inauguration, a launch that marked a historic crossover between a sitting president and crypto promotion. Within 48 hours, major exchanges rushed to list the token, bypassing typical review timelines. On January 18, 2025, Reuters reported that eight of the ten largest cryptocurrency exchanges had listed $TRUMP. This was far ahead of the average 129-day review period for similar assets, and the fast-tracking was driven by the President’s direct promotion and unprecedented demand. According to Forbes on January 19, 2025, the token experienced a dramatic market performance. Shortly after its listing, $TRUMP’s value soared to $75, pushing its peak market capitalization to $15 billion. However, the surge was short-lived, as prices plummeted to $7 by early April. Market data shows $TRUMP trading at $9.55 as of July 14, 2025. The sharp downturn inflicted heavy losses on retail investors, with a total of 712,777 wallets losing a combined $4.3 billion while just 45 wallets netted $1.2 billion amid the chaos. Concerns have also surfaced over $TRUMP’s supply distribution. A Reuters report highlighted that two Trump-affiliated entities, CIC Digital LLC and Fight Fight Fight LLC, control 80% of the circulating supply. Consequently, crypto analysts flagged this concentration as a significant risk factor, warning that insiders could destabilize the market by liquidating large portions of the supply. The remaining tokens will be issued incrementally over three years. Despite its volatility, the $TRUMP launch was a financial boon for exchanges and Trump-affiliated groups. Forbes estimated that trading fees from the token surpassed $172 million across major platforms, while Trump-linked organizations earned hundreds of millions in issuance fees. This overlap between promotion, profit, and policymaking has raised ethical questions, particularly as Trump’s administration oversees cryptocurrency regulation. As of July 14, 2025, at 18:09 UTC, Official Trump ($TRUMP) is trading at $9.414. Its daily trading volume has decreased by 3.137%, a fact that underscores the ongoing turbulence surrounding the controversial token.