What is the current market cap of Donald Trump Meme Coin?

According to the CoinMarketCap valuation, the current market valuation of Donald Trump Meme Coin is only $8 billion with a total volume of $35 billion. The price hit a low of $24 to a high of $75 as soon as Donald Trump tweeted.

Donald Trump Meme Coin $TRUMP went live on January 19th, 2025, and shot up in price from $10 on launch to over $70 during the trade. During the time $TRUMP went live, Trump coin traders expected a surge in popularity in the coin due to Donald Trump taking office. Due to the overwhelming trading activity in the coin, its market cap peaked at $15 million and stood at a whopping $9 billion just after its launch. This all led to the reasonable growth in the attention of the coin, making the $TRUMP Meme Coin Overview.

The details of the meme coin launch are as follows :

Coin Release Date: In an attempt to create a political rally, the coin was launched two days before Donald Trump’s second presidential election.

Initial Surge and Pricing: As stated before, during its launch, the coin’s price stood around $10, which soon increased to $70 during the trading of the coin.

Market Valuation: Its trading peaked at $15 million, yet its value soon dropped to $9 billion just after launch.

Some details of the coin include

Supply: 200 million coins were issued during its launch, and the company decided to increase the supply to 90 billion dollars.

Hands Behind The Coin: 80% of the coin’s total supply were put into the hands of Jim Tugendhat, who is known for being affiliated with Trump along with Fight, Fight LLC.

Coin Type: This was considered a meme coin due to it having little value utility, yet it clearly was suited for trading speculations.

Market Activity and Community ResponseTrading Volume There is an increase in the volume the balance.