Donald Trump Set to Launch ‘Meme Coin’ Ahead of His Inauguration as 47th President
As the White House prepares to welcome Donald Trump as the 47th President on Monday, the soon-to-be leader has unveiled an intriguing venture—a cryptocurrency called the “Trump Meme Coin.” On January 18, Trump used the platform X to invite supporters and potential buyers to become part of this new crypto community.
What Is the Trump Meme Coin, and How Can You Own It?
The Trump Meme Coin is a fungible crypto asset, designed and tracked on the Solana blockchain, as per its official website. The coin features an iconic image of Trump raising his fist, accompanied by the bold slogan “Fight Fight Fight”—a phrase he passionately shouted during a pivotal moment in his campaign.
While this is Trump’s first official cryptocurrency project associated with this slogan, the phrase itself has previously inspired various businesses and entrepreneurs to sell merchandise like T-shirts and mugs.
According to the project’s website, an initial supply of 200 million $TRUMP will be available on launch day, with plans to increase the total supply to 1 billion $TRUMP over the next three years.
How to Purchase Trump Meme Coins
For those interested in buying $TRUMP, the process is simple. The coins can be purchased through the Moonshot app, which is accessible on both the App Store and Google Play.
Here’s how it works:
- Users create an account with their email address.
- Payments can be made using debit or credit cards, Apple Pay, Venmo, or Solana/USDC.
- Anti-fraud measures and sanctions checks are in place to ensure secure transactions.
Once the payment is approved, the Trump Meme Coins are delivered to the buyer’s designated wallet address.
Coin Allocation
The distribution of $TRUMP is carefully planned, with allocation divided into eight distinct groups. Each group’s allocation is released on a specific schedule over the three-year period. Here is the breakdown:
- Creators and CIC Digital, Group 1: 36%
- Creators and CIC Digital, Group 2: 18%
- Creators and CIC Digital, Group 3: 18%
- Liquidity: 10%
- Public Distribution: 10%
- Creators and CIC Digital, Group 4: 4%
- Creators and CIC Digital, Group 5: 2%
- Creators and CIC Digital, Group 6: 2%
As excitement builds around this unique crypto venture, supporters of Trump have an opportunity to join the movement and own a piece of this digital innovation.
