On January 20, 2025, Trump was sworn in as the 47th President of the United States at the Capitol, returning to the White House after four years. During his first week in office, he signed multiple executive orders, quickly fulfilling his campaign promises, from abolishing birthright citizenship to threatening to impose tariffs on multiple countries. Meanwhile, a financial experiment quietly began—three days before his inauguration, Trump launched his personal Crypto Asset TRUMP on social media, causing a violent upheaval in global markets.
The day after his inauguration, Trump announced the launch of a $500 billion “Stargate” project, partnering with SoftBank, OpenAI, and Oracle to build AI data centers, and signed an executive order to revoke the AI regulatory policies from the Biden era, declaring his intention to “make America the AI capital of the world.”
On January 18, 2025, Trump announced on social media: “Join my Trump community and get your TRUMP coin!”. Based on Solana The opening price of TRUMP issued by the chain was only 0.1824 USD, skyrocketing to 70 USD within 12 hours, with an increase of over 40000%, and the fully diluted market cap once surpassed 32 billion USD. However, the frenzy lasted only one day, plummeting 20% the next day, showcasing a classic “meme coin” roller coaster.
The total supply of this token is 1 billion coins, of which 80% is controlled by Trump-associated companies CIC Digital and Fight Fight Fight LLC, with only 200 million coins initially in circulation. This centralized structure has sparked significant controversy.
To maintain the token’s popularity, the Trump team announced at the end of April: Users in the top 220 by holding coins can participate in a “private dinner” in Washington, D.C., with the top 25 also qualifying for a White House tour. The news triggered a single-day surge in the coin price of 60%.
As of mid-June, the price of TRUMP coin hovers around 10 dollars, with a circulating market cap of about 2.1 billion dollars. Its price fluctuations are closely linked to Trump’s policy directions: events such as immigration unrest and tariff battles have triggered a surge in trading volume.
The era of Trump has begun, with policy storms and token fluctuations weaving together a complex tapestry of power and capital. When the identity of the president overlaps with financial products in the public sphere, the outcome of this cross-border experiment may redefine the boundaries of political influence.