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$324M in fees and no roadmap: What’s really going on with the TRUMP memecoin?

cryptoweekly by cryptoweekly
July 1, 2025
in bitcoin, News
0

Marketed with Trump’s name but lacking a white paper or utility, the TRUMP token surged to a multibillion-dollar valuation before crashing.

The Trump-themed memecoin surged to a multibillion-dollar valuation despite lacking a white paper, a roadmap or a clear purpose beyond speculation.

Launched on Jan. 17, 2025, on the Solana blockchain, the TRUMP memecoin quickly became one of the most controversial political tokens to date. Though marketed with Donald Trump’s name, the project initially disclaimed any political or financial purpose. 

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  • Bitcoin 43% social chat dominance suggests 'key entry point' ahead
  • XLM's price to rocket like XRP, Trump’s big crypto nod: Hodler’s Digest, July 13 – 19
  • US Lawmaker sounds alarm on GENIUS bill, says it's a CBDC Trojan Horse
  • Macro drivers will dampen Bitcoin’s halving cycle — Tim Draper
  • Indian crypto exchange CoinDCX hacked, $44 million drained
  • Can XRP price reach $20? These charts say ‘full bull’ phase is still ahead
  • Crypto rules for mortgages must reflect self-custody reality

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