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#GateOpinionQuest #TRUMP
The TRUMP OFFICIAL token, or $TRUMP, is a cryptocurrency launched by President-elect Donald Trump on January 17, 2025, shortly before his inauguration. It runs on the Solana blockchain and quickly gained attention in the crypto world.
Tokenomics:
Total Supply: $TRUMP is limited to 1 billion tokens.
Circulating Supply: 200 million tokens were released to the public initially.
Insider Holdings: 800 million tokens are owned by Trump-affiliated companies, but these can't be sold for three years.
Market Performance:
After launching, $TRUMP’s price skyrocketed, reaching over $30 per token and a market value of $6 billion. If all tokens were included, the total valuation would be around $30 billion.
Reactions and Concerns:
Market Excitement: The Trump brand made $TRUMP very appealing to investors and supporters.
Ethics Questions: Some worry about conflicts of interest since Trump is becoming president and his companies control most of the tokens.
Regulation Risks: The high insider ownership and potential for manipulation could lead to government scrutiny.
📌📌 $TRUMP Spot trading link: https://www.gate.io/trade/TRUMP_USDT and note $TRUMP listing time: 2025/1/18 12:00 (UTC)
📌📌 $TRUMP Gate.io Launchpool, stake $TRUMP to earn $TRUMP airdrops, annualized return up to 1140%: https://www.gate.io/announcements/article/42741
📌📌 $TRUMP Listing Carnival, deposit & register to claim a share of $100,000 rewards: https://www.gate.io/announcements/article/42745