Quick Guide to $TRUMP (OFFICIAL TRUMP): How to Buy for Beginners

1. The crypto market welcomed the “huge earthquake”, and TRUMP (OFFICIAL TRUMP) was born

The cryptocurrency market is experiencing a huge shock! Around 10am on January 18, 2025 Beijing time, US President-elect Trump announced the launch of his personal Meme coin TRUMP on his social account. Users need to visit the website “gettrumpmemes” to obtain the Meme token. The website shows that TRUMP is the only “official Trump Meme coin”.

Screenshot source:@realDonaldTrump

The launch of TRUMP coin was like a heavy bomb, causing huge waves in the cryptocurrency market and triggering violent fluctuations. As the leader of the cryptocurrency market, Bitcoin saw significant fluctuations in price due to the news of the launch of TRUMP coin. The price of Bitcoin, like a rocket ignited near $97,000, skyrocketed to over $105,000 and then experienced some degree of pullback.

A large amount of funds flow frequently between TRUMP Coin and other cryptocurrencies, seeking new investment opportunities and profit margins, which makes the capital flow in the entire cryptocurrency market more complex and unstable. The price fluctuations of TRUMP Coin trigger chain reactions in the prices of other cryptocurrencies through the market transmission mechanism, further intensifying the overall volatility of the market. This volatility not only brings huge investment risks to investors, but also poses challenges to the stability of the cryptocurrency market.

Image source:Gate.com Token Heatmap

Due to the market’s seesaw effect, TRUMP’s circulating market value reached as high as 9 billion USD in just 24 hours. Under TRUMP’s huge suction effect, funds inside the market quickly converged towards TRUMP. As a result, the altcoins in the Ethereum ecosystem and other sectors experienced a sharp decline. In contrast, the SOL network benefited from TRUMP’s wealth effect, with SOL’s 24-hour increase reaching as high as 15% (updated at 16:00 on January 19, 2025, Beijing time), setting a new historical high since Donald Trump’s victory on November 5, 2024. Other SOL-related tokens also saw across-the-board gains.

2. Market Performance of TRUMP (OFFICIAL TRUMP)

2.1 TRUMP (OFFICIAL TRUMP)’s basic information (2025-1-19 16:00)

1. Name: OFFICIAL TRUMP ($TRUMP)
2. Type: Trump Official Meme Coin
3. Release Date: January 18, 2025
4. Issuance Platform: Solana Chain
5. Contract Address: 6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN
6. Official website:https://gettrumpmemes.com/
7. Circulating Market Cap: $9,080,697,879
8. Total supply: 1,000,000,000 TRUMP

2.2 TRUMP (OFFICIAL TRUMP) Market Performance (2025-1-19)

Price Trend

2.2.1 Initial surge after going online

On January 18, 2025,Gate.comAfter the TRUMP token was launched, its market performance was extremely stunning, and the price soared like a rocket, reaching an instant high of $31. This kind of price surge is extremely rare in the cryptocurrency market, fully demonstrating the strong market attractiveness and explosiveness of TRUMP coin in the early stage of its launch. The rapid price increase is mainly due to the strong celebrity effect of Trump and his large fan base. As a highly influential political figure in the United States, Trump has a large number of loyal supporters who actively participate in the investment of TRUMP coin out of their love and support for Trump, which has driven the rapid rise in price. In addition, cryptocurrency market investors are always enthusiastic about emerging and topical investment targets, and the launch of TRUMP coin just meets this market demand, triggering a large number of investors to follow suit and further driving up the price.

2.2.2 Subsequent Volatility

On January 19th, TRUMP continued its upward trend, with the latest quote successfully breaking through $48, showing strong momentum in the short term after its launch. However, the volatile nature of Meme coin prices gradually emerged in the subsequent trend of TRUMP. In the following period of time, the price of TRUMP was like a roller coaster, fluctuating. The price soared sharply due to market optimism and a large influx of funds, and then plummeted sharply due to market panic and investor selling behavior. This drastic price fluctuation reflects the high uncertainty and speculation in the Meme coin market, and the impact of investor sentiment and market expectations on prices is huge.

2.2.3 Market Cap Ranking

According to Gate.comIn the field of meme coins, TRUMP coin occupies a place with a market value of 4 billion US dollars (approximately 29.3 billion RMB), ranking fourth among meme coins. In front of it are DOGE (market value of 58.7 billion US dollars), SHIB (market value of 13.3 billion US dollars), and PEPE (market value of 7.8 billion US dollars). Although there is still a certain gap between the market value of TRUMP coin and the top three meme coins, the fact that it has reached such a scale in a short period of time fully reflects its strong market influence and the high attention paid by investors. Similar to other leading meme coins, the market value growth of TRUMP coin is mainly due to its extensive market dissemination and the participation of a large number of investors. However, it is important to note that the meme coin market is highly competitive, and the ranking may change at any time due to changes in market conditions. If TRUMP coin wants to maintain its leading position in the meme coin market, it still needs to continuously consolidate its community foundation, enhance its brand influence, and seek more application scenarios and development opportunities.

Currently, the TRUMP/USDT trading pair has been launched.Gate.comSpot Trading Zone,Click to go to trade!

2.3 TRUMP (OFFICIAL TRUMP) Token Economics

The economic design of the TRUMP token is centered on long-term stability and community-driven, ensuring that it can incentivize early investors to participate while avoiding excessive market fluctuations. The following are the main features of its token distribution and release mechanism:

Token Allocation

The total circulation of TRUMP is 1 billion, of which 20% (200 million) directly enters the market circulation during the Token Generation Event (TGE), and the remaining 80% is gradually unlocked according to the team’s lock-up and linear release mechanism. This distribution method ensures both the initial market liquidity and provides support for the long-term development of the project.

1. 80% is allocated to creators and teams: this part of the tokens is divided into multiple groups, and a strict lock-up and gradual release mechanism is set. The largest group accounts for 36%, which will be fully unlocked in 24 months with a linear release every day after a 3-month lock-up. The lock-up period for other team holdings ranges from 6 to 12 months, and the unlocking pace of each group is also carefully designed to reduce short-term market fluctuations.
2. 10% for liquidity pool: This portion of tokens will be unlocked directly at TGE and used to support the initial liquidity needs of the exchange, ensuring smooth token trading.
3. 10% for public offering: At the time of token listing, this fully unlocked portion of tokens is distributed directly to early investors and participants, further enhancing the market activity of the project.

Image source:https://gettrumpmemes.com/#faqs

Release mechanism

The token release mechanism of TRUMP focuses on transparency and market stability. Most of the tokens enter the market gradually through linear release, rather than all at once. After the lock-up period ends, these tokens will be unlocked evenly at a daily frequency, and the entire release period is usually two years. This design effectively avoids price fluctuations caused by a large number of tokens entering the market in a short period of time.

Design Meaning

The token economy model of TRUMP reflects the team’s emphasis on long-term value. Through a large proportion of team holding lock-up and gradual release mechanism, the interests of the project team are firmly tied to the long-term development of the token. In addition, the setting of the liquidity pool ensures the smoothness of market trading, while the initial public offering has attracted more early users and investors to join. The overall design not only enhances market confidence, but also provides security for the stable growth of token value.

3. How do newbies buy TRUMP (OFFICIAL TRUMP)?

3.1 Buy TRUMP through the Gate.com spot trading area

Step 1: RegisterGate.comaccount, and complete account KYC certification;

Step 2: Complete the USDT deposit on-chain and confirm the arrival;

Click on the ‘Recharge’ in the upper right corner of the page, enter the recharge page, select ‘Currency’ USDT, select the network, recommended TRC20, and confirm the address. Then withdraw USDT from other platforms to Gate.comPlatform, waiting for on-chain confirmation for account arrival.

Step 3: Go to the TRUMP/USDT spot trading pair and complete the transaction.

From the top navigation bar, go to ‘Trade’ - ‘Spot Trading’ - search for ‘TRUMP’, enter the TRUMP/USDT trading page, input the price and quantity, confirm the details are correct, then buy.

3.2 Purchase through Moonshot

Users can use traditional payment methods such as Apple Pay, Visa, Mastercard, Venmo, as well as cryptocurrency payment methods such as USDC, SOL, etc. to purchase TRUMP coin on Moonshot.

Conclusion

Since its launch, the TRUMP meme coin has caused a huge stir in the cryptocurrency market. With Trump’s powerful celebrity effect and huge fan base, the coin has shown an amazing increase in value after its launch. As of January 19, 2025, TRUMP’s circulating market value has exceeded 10 billion US dollars, ranking among the top 20 in the cryptocurrency rankings.