What is $TRUMP? Everything You Need to Know About This Viral Token

 

 Explore the rise of Trump Coin ($TRUMP), a political meme cryptocurrency tied to former U.S. President Donald Trump. Learn about its launch, market impact, controversies, and potential future in the crypto world.

The cryptocurrency world is buzzing with the introduction of Trump Coin ($TRUMP), a political meme coin tied to former U.S. President Donald Trump. Launched on January 17, 2025, to coincide with Trump’s inauguration as the 47th President of the United States, $TRUMP has already stirred debates, excitement, and skepticism.

Here’s a comprehensive look at $TRUMP, its significance, controversies, and what it means for the future of political cryptocurrencies.

What Is Trump Coin ($TRUMP)?

$TRUMP is a meme-based cryptocurrency designed to capitalize on Trump’s political persona and cultural influence. Developed by CIC Digital LLC, a subsidiary of the Trump Organization, the coin is not utility-driven like Bitcoin or Ethereum but thrives on its political branding.

Key Details:

- Type: Meme Coin

- Launch Date: January 17, 2025

- Initial Market Capitalization: $5.5 billion

- Total Supply: 200 million tokens initially, with a roadmap to reach 1 billion tokens over three years

- Ownership: 80% held by Trump-affiliated entities, CIC Digital LLC, and Fight Fight Fight LLC

While $TRUMP lacks functional utility, its appeal lies in its cultural and political symbolism, serving as a digital emblem for Trump supporters.

The Rapid Rise of $TRUMP

Within 60 hours of its release, $TRUMP achieved a Fully Diluted Valuation (FDV) of $70 billion, briefly making it the 15th largest cryptocurrency in the world. This explosive growth, driven by social media buzz and Trump’s brand power, underscores the influence of political and cultural phenomena on the crypto market.

Price Overview:

- Launch Price: Under $1

- Peak Price: $82.22

- Current Range: Stabilized between $30-$40 but highly volatile

The Importance of $TRUMP

The launch of $TRUMP is a significant milestone, blending politics, culture, and cryptocurrency in unprecedented ways:

1. Mainstream Attention: $TRUMP introduces cryptocurrencies to new audiences, particularly Trump’s supporters, who are engaging with crypto for the first time.

2. Market Impact: The token has drawn liquidity away from other coins and caused congestion on the Solana blockchain, highlighting its influence.

3. Shift Toward Decentralization: Its availability on decentralized exchanges (DEXs) like Jupiter DEX reflects the growing preference for decentralized platforms over centralized exchanges (CEXs).

The Controversies Surrounding $TRUMP

Despite its success, $TRUMP has not been without criticism:

1. Concentration of Ownership: With 80% of tokens held by insiders, concerns about price manipulation and fairness have emerged.

2. Volatility: Meme coins are inherently speculative, and $TRUMP’s value is subject to sharp swings driven by hype.

3. Ethical Concerns: Critics argue that linking a cryptocurrency to a political figure blurs ethical boundaries, potentially exploiting supporters for financial gain.

4. Regulatory Scrutiny: The coin’s high-profile association with Trump makes it a likely target for regulators, raising questions about legality and investor protection.

$TRUMP Tokenomics

The tokenomics of $TRUMP are designed to generate hype while maintaining centralized control:

1. Fixed Supply: 200 million tokens issued initially, expanding to 1 billion over three years.

2. Centralized Ownership: A majority stake by Trump-affiliated organizations creates perceived stability but raises concerns about control and transparency.

3. Volatility: Speculative interest drives rapid price changes, making $TRUMP both a high-risk and high-reward investment.

The Future of Meme Coins and $TRUMP

The sustainability of $TRUMP and similar meme coins depends on several factors:

1. Hype Cycles: Meme coins often follow boom-and-bust cycles. $TRUMP’s value may peak during political milestones but risks losing momentum as hype fades.

2. Regulatory Challenges: High-profile coins like $TRUMP are likely to attract regulatory scrutiny, potentially reshaping the crypto landscape.

3. Broader Adoption: If $TRUMP gains traction, it could inspire similar projects, embedding political cryptocurrencies deeper into mainstream culture.

How to Buy Trump Coin ($TRUMP)

Interested in purchasing $TRUMP? Here’s a step-by-step guide how to buy $TRUMP on Bitrue:

1. Create a Wallet: Set up a digital or hardware wallet compatible with Solana blockchain tokens.

2. Choose a DEX: Select a decentralized exchange like Jupiter DEX that supports $TRUMP trading.

3. Connect Your Wallet: Link your wallet to the DEX.

4. Select a Trading Pair: Look for $TRUMP/SOL or $TRUMP/USDT trading pairs.

5. Place an Order: Enter the desired amount of $TRUMP and confirm the transaction.

6. Verify and Store: Ensure the tokens are added to your wallet and store them securely.

Conclusion

$TRUMP represents a bold intersection of politics and cryptocurrency. While its rapid rise showcases the potential of meme coins, its centralization, volatility, and ethical concerns highlight the risks.

Investors should approach $TRUMP with caution, understanding the speculative nature of meme coins and the uncertainties surrounding their long-term viability. Whether $TRUMP is a fleeting trend or a cultural phenomenon, its launch has undeniably made waves in the crypto ecosystem.

This Press Release has also been published on VRITIMES

Nusantara Global Network & FXGT Announce Strategic Collaboration: Introducing the Self Rebate Program for Enhanced Profits

  

Kuala Lumpur, Malaysia – 23 January 2025 – Nusantara Global Network is excited to reveal its strategic collaboration with FXGT, a prominent global trading broker, to launch the innovative Self Rebate FXGT program. This new initiative aims to offer maximum value to traders by providing instant rebates on currency and gold transactions, enhancing their overall trading experience.

The Self Rebate FXGT program allows FXGT traders to earn up to USD8 for every currency trade and USD10 for each gold transaction. This collaboration is expected to boost trader interest while offering significant value to the customers of both FXGT and Nusantara Global Network.

"We believe this partnership marks a major milestone in strengthening the trading ecosystem at Nusantara Global Network," said the Chairman of Nusantara Global Network. "By introducing the Self Rebate FXGT program, we aim to offer traders better opportunities to increase their profits with every transaction. Not only will this program support traders, but it will also promote transparency and improve the overall trading experience."

As one of the fastest-growing brokers in the global trading space, FXGT is equally enthusiastic about the partnership. "Partnering with Nusantara Global Network to provide the Self Rebate FXGT program is an exciting development," said a spokesperson from FXGT. "This collaboration represents a new way of rewarding our traders with greater value for every trade, and we’re confident that it will attract even more traders to benefit from the exceptional trading conditions on our platform."

Key Advantages of the Self Rebate FXGT Program:

High Rebates: Traders can earn up to USD8 for every currency trade and USD10 for every gold transaction.

Instant Benefits: Enjoy immediate rebates on each trade without any complex procedures or delays.

Enhanced Trading Experience: This rebate system encourages traders to remain loyal to the FXGT platform, further improving their trading journey.

The Self Rebate FXGT program aligns with the vision of Nusantara Global Network to expand its reach and provide increased benefits to traders across the Southeast Asia region. As the number of traders in the region continues to rise, this collaboration underscores the commitment of both parties to delivering the best services through innovative solutions like the Self Rebate FXGT program.

Please contact us for further information.

About FXGT

FXGT is a global trading broker offering cutting-edge online trading platforms for currencies, commodities, indices, and other assets. Known for its commitment to competitive and innovative trading conditions, FXGT has become a leading choice for traders worldwide looking for optimal trading experiences.

About Nusantara Global Network

Nusantara Global Network is a premier provider of trading services and digital solutions in Southeast Asia. Through its expansive ecosystem, Nusantara Global Network strives to empower individuals to participate in global markets, offering innovative services and the latest technology to meet their trading needs.

This press release has also been published on VRITIMES

Nusantara Global Network Joins Forces with FXGT to Introduce Self Rebate Program for Greater Trading Benefits

Nusantara Global Network is thrilled to announce its partnership with FXGT, a leading global trading broker, to launch the highly anticipated Self Rebate FXGT program. Designed to offer immediate and substantial rebates on currency and gold transactions, this program aims to enhance the profitability of traders and provide them with an exceptional trading experience.

With the Self Rebate FXGT program, FXGT traders can benefit from up to USD8 in rebates for every currency trade and USD10 for each gold trade. This collaboration is poised to attract more traders, offering them tangible rewards while adding significant value to their trading activities.

"We are excited to collaborate with FXGT in this partnership, which strengthens the foundation of the trading ecosystem at Nusantara Global Network," stated the Chairman of Nusantara Global Network. "Through the Self Rebate FXGT program, we provide traders with a straightforward way to earn additional profits from every trade. Our goal is to ensure transparency and enhance the overall experience for our clients."

As one of the most rapidly expanding brokers in the global trading industry, FXGT is enthusiastic about the potential of this partnership. "The Self Rebate FXGT program is a major step forward in how we reward our traders," said an FXGT spokesperson. "We believe this collaboration will attract more traders to benefit from the competitive conditions offered on our platform and help them grow their trading potential."

Notable Benefits of the Self Rebate FXGT Program:

Generous Rebates: Traders can earn up to USD8 on every currency transaction and USD10 for each gold trade.

Instant Rewards: Rebates are applied immediately to traders' accounts without complicated processes.

Improved Trader Engagement: The Self Rebate program enhances trader loyalty, motivating them to continue using the FXGT platform.

This partnership reflects Nusantara Global Network's commitment to providing exceptional value and growth opportunities for traders across Southeast Asia. By offering an innovative program like Self Rebate FXGT, the collaboration aims to meet the evolving needs of the region’s traders and strengthen the position of both companies in the marketplace.

Please contact us for further information.

About FXGT

FXGT is a globally recognized online broker offering cutting-edge platforms for trading currencies, commodities, indices, and other assets. Committed to providing an excellent trading experience, FXGT has become a popular choice for traders worldwide looking for competitive, reliable, and innovative trading conditions.

About Nusantara Global Network

Nusantara Global Network is a premier digital solutions provider in Southeast Asia, specializing in trading services. Focused on empowering individuals and businesses to succeed in global markets, the company offers a wide range of services and technologies that help traders maximize their success.

 

This Press Release has also been published on VRITIMES

 

Fusion The Philippine Music Festival: Isang Dekadang Musika

Celebrate Fusion’s 10th anniversary this 15 March 2025 at the CCP Open Grounds!

Catch your favorite OPM artists LIVE for a night of music and memories, featuring Ben & Ben, December Avenue, Zack Tabudlo, Maki, The Itchyworms, Alamat, KAIA, Barbie Almalbis, Allmo$t, Pauline Anne, D'Grind, the UP Varsity Pep Squad, and DJs Ron Poe, Mars Miranda, and DJ Bandit.

PLUS special performance from KWC Philippines' rising stars: Jan Francis, Al, MJ, Jovie and Nica! 🎙️🇵🇭 ⭐🎶

* * *

March 15 promises to be a landmark for Filipino music as Fusion: The Philippine Music Festival tunes up the volume for its epic 10th anniversary at the CCP Concert Grounds, Pasay City. The New Channel (TNC) is signed up to support this movement to spotlight OPM as one of the official media partners.

Known as the pioneering music festival that unites artists across genres, generations, and managements, Fusion is the ultimate stage for celebrating the vibrant Original Pilipino Music (OPM).

Isang Dekadang Musika (IDM)

Under the visionary direction of  Dir. Paul Basinillo, Fusion promises a holistic experience that celebrates a decade of everything we love about Original Pinoy Music (OPM). While music remains at its core, Fusion is designed to be a total entertainment showcase.

“Fusion bridges the rich tapestry of our country’s music—from the nostalgic anthems of Barbie Almalbis and The Itchyworms, the heartfelt melodies of December Avenue, the hopeful tunes of Ben&Ben and Maki, to the fresh and dynamic energy of newer genres like P-Pop. It’s truly a diverse celebration—‘Isang Dekadang Musika, nagsasama-sama sa isang bandera,’” shared Director Paul Basinillo.

Fusion has featured the biggest names in the Philippine music scene since 2015 — uniting iconic and emerging artists from established and evolving genres that shape the country’s musical landscape.

“Fusion was born out of a desire to reignite Filipinos' love for OPM by creating a festival that transcends musical styles, generations, and artist groups,” said Gladys Rondina-Basinillo, Head and Founder of Fusion also the Chief Experience Officer of PraXis Experiential, owner and main producer of Fusion concerts and TNC’s partner in staging and managing Karaoke WorldChampionships (KWC) Philippines. “Concerts were often exclusive to specific artists or genres. We wanted to break barriers and bring everyone to ‘Play as One’ added Rondina-Basinillo.

Fusion is also committed to championing OPM nationwide — bringing the OPM experience to regions across the country. In 2025, expect Fusion in different key cities starting with Iloilo, Davao, La Union, and most recently Cebu—where it drew a 15,000-strong crowd.

Expectedly, KWC artists will perform at the Fusion Manila and the regional legs, with its own headliner and KWC PH main artist, Jan Francis. The event will be timely as Jan Francis is set to release two original songs this quarter one. Other KWC PH artists who will perform on stage are Al Lipaopao, MJ Dizon, Nica Jañola and Jovie Loon.

The New Channel (TNC) is proud to be one of the official media partners of the Fusion: The Philippine Music Festival for it’s 10th Anniversary.

Fusion 10: Musika Natin 'To! BUY your tickets here 🎟️ https://www.ticketmelon.com/praxis/fusion-2025

🔗 Stay Tuned for more Fusion Updates:FB: https://www.facebook.com/fusionphilippinemusicfestivalIG: https://www.instagram.com/fusionphmusicfest/X: https://x.com/FusionPHFest

🔗 For more FUSION stories, follow: https://thenewchannel.com/highlights/category/event/fusion-the-philippine-music-festival/

Check out 🌐 https://www.TheNewChannel.com/highlights

#onTNC #NEWConcerts #Fusion #FusionMNL #PraXis#KWC #KWCPH #TNCNow #KWCPH2025 #TheNewChannel

This press release has also been published on VRITIMES