Trump Coin Crypto where to buy?

Jan 20, 2025

Trump Coin (TRUMP) is a personal Meme coin announced by US President Donald Trump through his social media account on January 18, 2025. This cryptocurrency quickly became the focus of global attention, not only because of its unique initiator identity, but also because it has had a significant impact on the market. TRUMP coin is described as the "only official Trump Meme" and emphasizes that it is not an investment opportunity or any type of security.

Trump Coin Crypto where to buy?

Trump Wallet app free download

OKX to list TRUMP (OFFICIAL TRUMP) for spot trading

OKX is pleased to announce the listing of TRUMP (OFFICIAL TRUMP) on our spot trading markets. Please take note of the following details:

Listing timeline

TRUMP deposits will open at 3:00 am UTC on Jan 19, 2025.

TRUMP call auction will take place from 4:00 am to 5:00 am UTC on Jan 19, 2025.

TRUMP/USDT Spot trading will open at 5:00 am UTC on Jan 19, 2025.

TRUMP withdrawals will open at 9:00 am UTC on Jan 19, 2025.

Rules for spot trading opening

Order limits: In order to protect traders from price volatility at the opening of spot trading, OKX will impose the following restrictions on orders during the first 5 minutes of trading:

No market orders allowed.

Each limit order must not exceed 10,000 USD in value.

These restrictions will be lifted after the first 5 minutes of trading.

Price limits: If a spot index is available for this trading pair, OKX will enable the price limit. Specific price limit rules are as follows:

Note: The parameters of X, Y, Z will be adjusted according to market conditions.

About Call Auctions

Call auction mechanism will be used for spot listing of TRUMP/USDT. The call auction period will last for 1 hour.

OKX operates a call auction mechanism that allows you to submit buy and sell orders at your desired prices according to certain trading parameters before a new trading pair officially begins trading. The trading system processes all submissions according to call auction rules and calculates an indicative opening price based on these submissions.

In order to provide more trading information, following the end of the call auction, OKX will display the project team's opening price at the commencement of continuous trading as the initial price of the trading chart. The project team's opening price is provided by the token project team usually based on the valuation of the project. This project team's opening price is displayed for information purpose only, and is not determined by the call auction mechanism, and will not impact the prices where you will execute the orders.

Project introduction

Trump official meme.

Asset name: OFFICIAL TRUMP

Ticker: TRUMP

Total supply: 1,000,000,000

Contract: 6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN

Check OFFICIAL TRUMP Price: https://www.okx.com/price/official-trump-trump

Issuance details and circulation mechanism

Supply: TRUMP's official website states that 80% of the token's supply is held by the entity "Fight Fight" jointly owned by CIC Digital, a subsidiary of Trump, and CIC. There are currently 200 million tokens available for trading, and it is expected that the circulation will increase to 1 billion tokens in the next three years.

Acquisition method: Users need to visit a specific website gettrumpmes to obtain this token. Trump posted on his social media platform encouraging supporters to join his Trump Community and receive TRUMP token 2.

Price fluctuation: After the launch of TRUMP coin, the market responded enthusiastically, with an increase of up to 1250% at one point, and the quotation rose from the opening price of 0.1824 US dollars to over 27 USDT. This drastic price fluctuation reflects the highly speculative nature of the market.

Market impact and response

Market value change: The market value of TRUMP coin has experienced rapid growth in the short term, rising rapidly from an initial several hundred million dollars to a peak of over 30 billion dollars. However, with the adjustment of the market, the market value has fallen slightly, but still remains at a relatively high level.

Bitcoin and other cryptocurrencies: Affected by the news of the launch of TRUMP coin, the price of Bitcoin has also experienced significant fluctuations, briefly exceeding $105000 per coin, but then experiencing a pullback. Other mainstream cryptocurrencies such as Ethereum and BNB have shown mixed performances, with some showing a downward trend.

Bursting phenomenon: Due to the violent fluctuations in the cryptocurrency market, nearly 200000 people have liquidated their positions in the past 24 hours, with a total amount of $519 million, indicating the risk of high leverage operations.

Social and Industry Reviews

Positive review: Some observers believe that Trump's cryptocurrency issuance has increased public interest in cryptocurrency and may encourage more people to participate in this emerging field. In addition, there are also voices suggesting that this may be a signal of cryptocurrency going mainstream.

Negative criticism: On the other hand, the launch of TRUMP coin has sparked widespread controversy. Critics point out that 80% of the token shares are concentrated in the hands of the Trump team, which can easily lead to unfair distribution of benefits. For example, Nick Tomaino, the founder of 1cConfirmation, criticized this as a predatory behavior.

Policy discussion: Trump himself has expressed his desire for the United States to become the "cryptocurrency capital of the earth" and plans to use executive power to alleviate the regulatory burden faced by cryptocurrency companies. He also plans to form a new crypto advisory committee and establish Bitcoin Reserve 1. These measures may have a profound impact on future cryptocurrency policies in the United States and even globally.

Long term outlook and potential impacts

Wealth Effect: The success of TRUMP coin has brought significant wealth effects, attracting a large number of new users to enter the cryptocurrency market. Especially Solana chain has received unprecedented attention and development opportunities, further consolidating its position as a popular public chain.

Industry transformation: This event is considered an important opportunity for DEX (decentralized exchange) to challenge CEX (centralized exchange). The explosive trading volume of TRUMP coin demonstrates the advantage of DEX over CEX, especially when dealing with large-scale token issuances.

Regulatory outlook: Although TRUMP coin declares itself not an investment tool or security, it will inevitably receive attention from regulatory authorities. How to balance innovation and compliance in the future will be one of the key issues facing this industry.

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