President Donald Trump has voiced sturdy make stronger for the Legit Trump ($TRUMP) token. In a Sunday post on Truth Social, he described the token as ‘so frigid’ and hailed it as ‘one of the best of all of them.’
Trump’s endorsement introduced on a 10% surge in the $TRUMP token’s label. CoinGecko files indicates it climbed from roughly $10.9 to $12.
The digital asset, launched prior to Trump’s inauguration, operates on the Solana blockchain with a total provide of 1 billion tokens. The preliminary public originate comprised 200 million tokens, whereas CIC Digital LLC, a Trump Organization affiliate, and Fight Fight Fight LLC maintain the final 800 million tokens.
The token’s label surged from below $10 to $75 in its first days of shopping and selling, reaching a market capitalization of over $15 billion. Shopping and selling quantity hit $29 billion in the preliminary days after originate.
The reserved tokens are discipline to a phased originate time desk spanning three years, initiating with lock-up durations of 3 to three hundred and sixty five days, followed by day after day unlocks over 24 months.
The token skilled major volatility, losing when it comes to 50% to the $30-$40 differ following the originate of the $MELANIA token on January 19.
The challenge markets itself as an “expression of make stronger” for Trump somewhat than a earlier college investment. Its tag sides a cartoon portray of Trump raising his fist, referencing a July 2024 assassination strive.
