What is TRUMP Coin

TRUMP Coin is a digital currency based on blockchain technology, and it is a personal Meme coin launched by Donald Trump on January 18, 2025. The official website refers to it as the ‘only official Trump Meme.’ According to the official website, 80% of the token’s supply is held by an entity called ‘Fight Fight Fight,’ jointly owned by Trump’s companies CIC Digital and CIC. Unlike traditional fiat currencies such as the US dollar, euro, etc., TRUMP Coin does not have the credit endorsement of governments or financial institutions. Its value mainly comes from the consensus of market participants and their expectations of its future value.

Image Source:https://gettrumpmemes.com/#how-to

The market performance of TRUMP Coin has shown high volatility and uncertainty. In terms of price trends, since its launch, the price of TRUMP Coin has experienced drastic fluctuations. In the initial stage, due to the novelty of the market and the celebrity effect of Trump, its price quickly soared, attracting the attention of many investors. However, with the change in market sentiment and investors’ reassessment of its value, the price also experienced a significant pullback. At certain times, the price of Trump Coin even experienced a sharp decline, causing significant losses to investors.

Image Source:https://www.gate.io/trade/TRUMP_USDT

How to buy TRUMP Coin

Users can make purchases through traditional payment methods such as debit cards, Apple Pay, Venmo, etc.; or through centralized cryptocurrency exchanges such as Gate.io, Binance, Bybit. Different exchanges charge different fees, which will directly affect investors’ trading costs. In addition to centralized exchanges, users can choose decentralized exchanges such as Uniswap, PancakeSwap, etc., to exchange cryptocurrencies like Solana (SOL), USDC, etc.

Image Source:https://gettrumpmemes.com/#how-to

In addition, you can also pay attention to the project’s social media, participate in airdrops or community activities to obtain tokens, or conduct OTC trading, but both methods require vigilance against fraud risks.

Steps to purchase TRUMP Coin

(1) Buy through cryptocurrency exchange

Users first choose a cryptocurrency exchange that lists the TRUMP token. When selecting, factors to consider include the exchange’s reputation, security, trading fees, user experience, and whether it supports users from the user’s country, such as the Gate.io platform. After selecting the exchange, registration is usually required, which may involve providing email, phone number, and setting a password. Upon completion of registration, identity verification (KYC) is typically required, which involves uploading photos of valid identity documents such as ID cards, passports, completing facial recognition, and other verification steps as instructed to comply with regulatory requirements and ensure trading security.

After completing the verification, you can recharge your exchange account through bank transfer, credit card/debit card payment, third-party payment platforms, etc. The time and fees for different recharge methods vary. Bank transfer may take longer to arrive, and credit card payment may have certain restrictions and fees.

Image Source:https://www.gate.io/myaccount/deposit/USDT

For example, on the Gate.io exchange interface, find the trading pair of the TRUMP token, such as TRUMP/USDT, enter the purchase quantity and price.

Image Source:https://www.gate.io/trade/TRUMP_USDT

If you want to buy at the real-time market price, you can choose a market order; if you want to buy at a specific price, you can set a limit order. After confirming that the transaction information is correct, click ‘Buy’ or ‘Place Order’ to complete the transaction.

(2) Purchase through decentralized finance platform

Users first choose a DeFi platform, such as Uniswap, Raydium, etc., that supports TRUMP token trading. These platforms operate based on smart contracts, without the need for centralized institutional intermediaries. When choosing, pay attention to the platform’s security, liquidity, and whether it supports trading in the user’s region.

To use the DeFi platform, you need to prepare a digital wallet that supports the corresponding blockchain network, such as MetaMask, Trust Wallet, etc. After creating the wallet, you need to properly safeguard the mnemonic phrase and private key. To connect the wallet with the DeFi platform, usually click the ‘Connect Wallet’ button on the DeFi platform and follow the prompts.

Image Source:https://raydium.io/swap/

Transfer other cryptocurrencies (such as ETH, BNB, etc.) to the wallet for exchanging TRUMP tokens on the DeFi platform. You can withdraw other assets held through cryptocurrency exchanges to the wallet address.

For example, on the Raydium platform, find the trading page for the TRUMP token, enter the quantity of TRUMP tokens to be exchanged or the quantity of other cryptocurrencies to be used for exchange, and the platform will calculate the exchange result based on the current exchange rate. After confirming the transaction information, sign the transaction confirmation in the wallet, wait for the blockchain network to confirm the transaction, and complete the purchase.

Image Source:https://raydium.io/swap/?inputMint=sol&outputMint=6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN

Risk Warning

Buying and investing in TRUMP tokens carries high risks and should be treated with caution. The price of TRUMP tokens fluctuates extremely, and although it initially soared in value shortly after its launch due to the Trump celebrity effect and fan base, it quickly entered a sharp decline mode, dropping more than 70% from its peak, reaching a low of $26.304 per token.

Image Source:https://solscan.io/token/6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN#holders

80% of the supply of TRUMP tokens is held by companies owned by Trump, and the highly centralized supply structure makes it possible for the issuer to manipulate the price. As a meme coin, it lacks substantial value support and mainly relies on the issuer’s personal influence and short-term market sentiment. Once the market sentiment changes and investor confidence declines, the price will quickly fall. In addition, the introduction of ‘Melania Coin’ by Trump’s wife diverts market funds, and the uncertainty of cryptocurrency market regulation, as well as concerns about potential regulatory intervention, may also lead to investor sell-offs and accelerate price declines. When investing in TRUMP tokens, it is essential to maintain rationality and avoid blindly following the trend.