Donald Trump’s $TRUMP Meme Coin Soars 220% Following Launch

Ahead of his second inauguration on January 20, 2025, Donald Trump has made waves in the cryptocurrency world with the launch of his new $TRUMP meme coin. In a post on X, Trump unveiled the coin as his “official Trump meme,” drawing inspiration from his famous “Fight, Fight, Fight” slogan, which he created following an assassination attempt during one of his campaign rallies.

Trump’s announcement included a link to purchase the cryptocurrency, accompanied by the message, “It’s time to celebrate everything we stand for: WINNING! Join my very special Trump Community. GET YOUR $TRUMP NOW.” The token, which was launched on the Solana network, quickly gained traction, especially among Trump’s supporters on social media platforms. Within hours of its release, the $TRUMP coin’s market cap surged by an impressive 220%, reaching $4.25 billion. The trading volume approached $1 billion, with the coin’s price jumping from an initial $0.18 to $7.1, as reported by The Economic Times.

Trump and Cryptocurrency- What’s Next?

As President-elect, Trump is expected to introduce new cryptocurrency policies during his second term. During his election campaign, he promised to be a “crypto president” and has indicated plans to sign an executive order to establish a crypto advisory council once he assumes office. This initiative was discussed as early as July 2024. Additionally, Trump’s advisors have considered easing regulations that currently make it costly for banks and companies to hold cryptocurrency for third parties, which could help foster the growth of the digital currency sector.

How to Buy $TRUMP Coin

For those interested in purchasing the $TRUMP meme coin, there are multiple options available.

1. Using Moonshot Marketplace
   Trump recommends using Moonshot, a meme cryptocurrency marketplace designed for easy access. The platform accepts a variety of payment methods, including Apple Pay, Google Pay, debit/credit cards, Venmo, and Solana/USDC. After signing up with an email address, users can receive their $TRUMP tokens within minutes.
2. Buying Through Brokers or Exchanges
   Like other cryptocurrencies, $TRUMP coins can be purchased through brokers or cryptocurrency exchanges. To do so, users must first create and verify an account on a platform that supports the $TRUMP coin. Once verified, users can deposit funds into their account and proceed to buy the coin.Verification Requirements:
   The Moonshot platform utilizes services like MoonPay to ensure compliance with Know Your Customer (KYC), Anti-Money Laundering (AML), Countering the Financing of Terrorism (CFT), and anti-fraud measures. These processes are mandatory before completing any purchases.
3. Receiving Your Coins
   After the purchase is authorized and verification is complete, the $TRUMP meme coins are transferred to the buyer’s designated cryptocurrency wallet.

Understanding $TRUMP Coins

The $TRUMP meme coin is minted on the Solana blockchain, a fast-growing platform known for its scalability and low transaction fees. As fungible digital assets, Trump Memes can be traded and used like other cryptocurrencies, offering opportunities for transactions and speculation.

Steps to Acquire $TRUMP meme Coin

1. Set Up a Wallet
   Create a secure cryptocurrency wallet to store your Trump Meme Coins.
2. Buy Base Cryptocurrency
   Purchase base cryptocurrencies like Ethereum (ETH) or Binance Coin (BNB) from a popular exchange to trade for $TRUMP.
3. Transfer Funds to Your Wallet
   Move the purchased cryptocurrency from your exchange account to your wallet for added security.
4. Use a Decentralized Exchange (DEX)
   Connect your wallet to a DEX, where you can swap your base cryptocurrency for $TRUMP.
5. Identify a Suitable Exchange
   Not all exchanges list $TRUMP. Check decentralized exchanges or those that specialize in meme coins to find the token.
6. Search and Complete the Transaction
   Ensure you use the correct contract address to purchase the right token. After confirming the transaction, adjust slippage tolerance to account for price volatility and finalize the purchase.
7. Secure Your Coins
   Once the transaction is complete, make sure your wallet displays your $TRUMP coins, securely storing them for future use.

Whether you choose Moonshot or a decentralized exchange, acquiring $TRUMP requires understanding the basics of cryptocurrency and ensuring secure transactions. With these simple steps, enthusiasts can join the growing community and add $TRUMP to their digital portfolios.

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