Looking back at the first day Trump issued the currency: the market value exceeded tens of billions, and the ecosystem on the chain was full of profits

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On the morning of January 18, 2025, Beijing time, Trump’s Truth Social social account announced that it would launch the personal Meme currency TRUMP. Users need to visit the website with the domain name “gettrumpmemes” to obtain the Meme token. GMGN data shows that in less than 30 minutes after the opening of trading, TRUMP's market value has risen to about US$700 million. Among them, the address with the largest currency holdings holds 80% of the tokens, and the top 5 currency holders hold more than 90% of the tokens. The news was subsequently retweeted on Trump's Twitter account, and the Token's market value subsequently rose to $2.8 billion. On the evening of the 18th, TRUMP’s market value once exceeded US$30 billion.

Trump memecoin creation address adds $40 million in unilateral liquidity and deposits 80% of supply into multisig. The creator's multisig holds 80% of the entire supply.

According to the GetTrumpMemes official website, Trump Memes are intended to express support and participation in the unique understanding and belief in the ownership of the "TRUMP" symbol and its associated artwork, and are not intended to be the subject of an investment opportunity, investment contract, or security of any kind. GetTrumpMemes.com is not political or affiliated with any political campaign or any political office or government agency. Trump Organization affiliates CIC Digital LLC and Fighter Fight LLC jointly own 80% of TRUMP, subject to a 3-year unlocking plan. CIC Digital LLC and Celebration Cards LLC, owners of Fighter Fight LLC, will receive trading revenue generated from TRUMP trading activity. Meanwhile, 200 million TRUMP will be available on the first day. It is expected to reach 1 billion TRUMP within three years. Each group's allocation will be released on its own schedule over a 3-year period.

Its initial SOL funding source can be traced to the Gate platform. Data shows that TRUMP’s main token holder address is 5e2qRc, and funds are supported by address DKbF4. It is worth noting that this address received funds from Gate 2 days ago and funds from Binance 10 days ago.

Because it was too popular, Binance temporarily suspended SOL withdrawals, and the SOL withdrawal channel between the Solana network and BNB Chain was temporarily closed.

Arthur Hayes, co-founder of BitMEX, posted on But the token FDV is on its way to $100 billion.”

According to Jupiter's official DLMM pool, ILM design, and tight Jupiter integration.

After Bybit Gate Bitget, etc., Binance announced that it will launch the TRUMPUSDT perpetual contract at 2025-01-18 21:00 (UTC+8), with a maximum leverage of 25 times.

According to appfigures data, the cryptocurrency trading platform Moonshot app ranks first in the free financial app rankings in the Apple App Store US region, surpassing Cash APP, Coinbase, Cryptocom, etc. Earlier, Jupiter stated that it cooperated with Moonshot to promote the issuance and trading of TRUMP tokens.

Moonshot stated that in the past 12 hours, we were recommended as a purchase method on the official website of the TRUMP token, processing nearly $400 million in transaction volume, breaking fiat currency admission records, and attracting more than 200,000 new User joins. Moonshot just powered one of the most important onboarding events in cryptocurrency history.

Well-known market maker Wintermute said that TRUMP tokens are now available for trading on the Wintermute OTC trading desk. Earlier on-chain analysis pointed out that the largest TRUMP holding address is suspected to be Wintermute. It may be that Wintermute has previously cooperated to provide market making services for TRUMP tokens.

Eric Trump, Trump’s eldest son, published an article on the Trump family projects World Liberty Financial, and TRUMP.

Qiao WANG, founder of Alliance DAO, criticized that the president’s launch of a meme currency is cool and fully supports it; but launching a currency that provides 80% of the supply to insiders completely changes its nature, which is a textbook scam. definition. In addition, he said that jupiter meteora moonshot phantom pumpfun is the biggest threat to centralized exchanges, and he does not know how centralized exchanges will compete with them.

According to on-chain data, more than a dozen on-chain traders have made millions or even tens of millions of dollars by purchasing TRUMP tokens in the early stages, and some have already sold and exited at a profit.

Analyst Haotian said that this is a phenomenal event for DEX to challenge CEX. In the short term, it will cause blood drain on the existing assets on DEX, but in the long term, it is actually a great benefit, so he is still firmly optimistic about the outbreak of "Spring on the Chain". The money-making effect of Super MEME is really strong. After all, MEME is simple and easy to understand, has a low threshold for participation, can quickly educate the market, attract new users and funds to enter the market, and the prosperity of the on-chain market is indispensable for the existence of MEME. But MEME is only a catalyst and does not equal the entire market. TRUMP can fly to 20B and become the king of MEME. What makes all this happen is the deterministic opportunity of the presidential currency issuance, which is fundamentally different from most MEME in the market.