Donald Trump Launches $TRUMP Meme Coin—Token Hits $9 Billion Market Cap.FinanceDonald Trump Launches $TRUMP Meme Coin—Token Hits $9 Billion Market Cap.

Donald Trump Launches $TRUMP Meme Coin—Token Hits $9 Billion Market Cap.

January 20, 2025 1 min read

President-elect Donald Trump on Friday has a market capitalization of about $9 billion—after hitting a peak of over $15 billion early Sunday—marking Trump’s latest venture into cryptocurrency and merchandise sales in the lead-up to his inauguration.

Shortly after launching, the price of $TRUMP rapidly rose by more than 300% by Saturday morning, and it kept rallying Saturday night and early Sunday morning—before paring back some of its gains later Sunday.

The digital asset hovered at just over $46 as of 5:25 p.m. EST Sunday, with a market cap of $9.36 billion, according to CoinMarketCap.

Source: FORBES

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