TRUMP Official Memecoin ($TRUMP)
Summary
$TRUMP (Official Trump) is a Solana-based memecoin launched on January 17, 2025, two days before Donald Trump's presidential inauguration, by two Trump-affiliated entities — CIC Digital LLC and Fight Fight Fight LLC — who collectively retain 80% of the 1 billion token supply under a multi-year vesting schedule. The token peaked near $75 within hours of launch before declining approximately 97% to roughly $1.96 as of June 2026, generating an estimated $320–$600 million in fees and token proceeds for insider entities while on-chain analytics attribute more than $4.3 billion in aggregate losses to retail investors. The project has drawn formal congressional investigations, foreign-influence concerns, and ethics scrutiny, though no criminal charges or SEC enforcement actions have been filed against it as of the investigation date.
Connected Entities
2 entities · 10 linked investigations- + 8 more
Timeline(17 events)
2025-01-17
Donald Trump announces and launches $TRUMP memecoin on Solana at approximately midnight ET, with 200 million tokens (20%) offered to the public. Token price surges from ~$7 to approximately $73–$75 within hours, giving the total token supply a peak market cap exceeding $27 billion.
Wikipedia / Al Jazeera2025-01-19
First Lady Melania Trump launches $MELANIA memecoin on Solana. The $TRUMP price declines following the dilution of attention.
CoinTelegraph2025-01-20
Donald Trump inaugurated as 47th President of the United States. $TRUMP token remains one of the largest memecoins by market cap.
Al Jazeera2025-01-22
Senate Banking Committee Ranking Member writes to U.S. Office of Government Ethics raising conflict-of-interest concerns about the memecoins.
Senate Banking Committee (letter PDF)2025-01-23
President Trump signs executive order supporting responsible growth of digital assets, protecting lawful blockchain activities, and prohibiting CBDCs.
Cryptocurrency in the second Trump presidency – Wikipedia2025-02-17
Hayden Davis, co-founder of Kelsier Labs and self-described launch strategist for $TRUMP and $MELANIA, gives an interview with Coffeezilla admitting to insider pre-sale access and sniper wallets ahead of the public launch.
CoinDesk2025-02-27
SEC Division of Corporation Finance issues staff statement declaring memecoins are not securities and are not subject to federal securities regulation.
CNBC2025-04-17
First major vesting unlock: approximately 40.5 million $TRUMP tokens (worth roughly $320 million at then-prevailing prices) released from insider vesting schedules.
CoinDesk2025-04-23
gettrumpmemes.com announces that the top 220 $TRUMP holders will receive invitations to a private dinner with President Trump. Token price surges approximately 50% on the announcement.
NPR2025-05-11
GD Culture Group, a Nasdaq-listed company with eight employees and China ties, files an SEC disclosure announcing plans to purchase up to $300 million in Bitcoin and $TRUMP using proceeds from a stock sale to an unnamed British Virgin Islands entity.
CryptoSlate2025-05-19
Senate PSI sends letters to Fight Fight Fight LLC and World Liberty Financial requesting records on ownership, foreign government ties, and AML compliance by this date.
Sen. Blumenthal press release2025-05-22
Private gala dinner held at Trump National Golf Club, Washington, D.C., attended by the top 220 $TRUMP holders. Justin Sun tops the leaderboard. White House denies any conflicts of interest. Guest list is not publicly disclosed.
CNN Business2025-07-18
President Trump signs the GENIUS Act into law, the first major federal law specifically regulating cryptocurrency (focused on payment stablecoins). Memecoins are exempted from its regulatory scope.
NBC News2025-11-25
House Judiciary Committee Ranking Member Rep. Jamie Raskin releases staff report 'Trump, Crypto, and a New Age of Corruption,' alleging Trump family crypto holdings of up to $11.6 billion and over $800 million in crypto income in the first half of 2025.
House Judiciary Committee Democrats2026-03-05
SEC dismisses fraud charges against Justin Sun and his companies after Sun agrees to pay a $10 million fine. Democratic senators allege the resolution reflects preferential treatment tied to Sun's investments in Trump-affiliated crypto ventures.
Sen. Blumenthal press release2026-04-26
Second Trump memecoin holder event held at Mar-a-Lago for the top 297 $TRUMP holders, featuring Mike Tyson, Tony Robbins, and Tether CEO Paolo Ardoino. Justin Sun, despite leading the leaderboard, does not attend. Token trades near all-time lows.
CNBC2026-05-04
World Liberty Financial files a countersuit against Justin Sun for defamation, alleging Sun violated contractual obligations and made defamatory social media posts after his tokens were frozen.
FortuneDecision Log
- hash: 61miVMThkuVD8oXnhZH3TWN4mkUGA81ydsSkHwdLLtQM
This investigation is cryptographically anchored to the Solana blockchain and source URLs are archived via the Internet Archive.
model: claude-sonnet-4-6
generated: 6/2/2026, 9:25:07 PM
last updated: 6/2/2026, 9:25:12 PM
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