Crypto · Solana Memecoin · TRUMP
TRUMP.
The Breakdown.
OFFICIAL TRUMP is a Solana SPL token issued under the Trump brand by CIC Digital LLC and Fight Fight Fight LLC. It carries no cash flows, governance rights or claim on any underlying business, and functions as a brand and community association token.
OFFICIAL TRUMP is a Solana SPL token issued under the Trump brand by CIC Digital LLC and Fight Fight Fight LLC. It carries no cash flows, governance rights or claim on any underlying business, and functions as a brand and community association token. Not advice.
What TRUMP Is
The token itself, and where it came from.
What It Is
OFFICIAL TRUMP is a Solana SPL token issued under the Trump brand by CIC Digital LLC and Fight Fight Fight LLC. It carries no cash flows, governance rights or claim on any underlying business, and functions as a brand and community association token.
Origin
Issued by CIC Digital LLC and Fight Fight Fight LLC, entities affiliated with Donald Trump, on 17 January 2025.
Supply
Fixed supply of 1 billion tokens, with roughly 800 million retained by affiliated entities under a multi year vesting schedule.
Chain
Solana, SPL token
Two prices, both from CoinGecko. The dashed line is a straight join between them, not the path the price took.
The Record
Documented highs, lows and events. Not a forecast.
All Time High
$73.43, 19 January 2025.
All Time Low
$1.37, 13 August 2026.
Event 1
19 January 2025, the token reached its peak two days after launch, then fell sharply.
Event 2
23 April 2025, the top 220 holders were offered a dinner event ranked by holdings.
The Lore
Fourteen dated events, every one attributed to the publication that reported it. A record of what happened, not an argument about it.
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January 17, 2025
Launch On Solana
The OFFICIAL TRUMP token was announced on Truth Social on the Friday evening of 17 January 2025, three days before the presidential inauguration, and issued on Solana by CIC Digital LLC and Fight Fight Fight LLC. Of a fixed 1 billion supply, 200 million tokens were released publicly and 800 million were retained by the affiliated entities on a three-year vesting schedule. Fortune reported the market capitalisation passed $1 billion by midnight Eastern time and $6.75 billion by the Saturday morning; the sources consulted described the announcement only as Friday night rather than giving a precise minute, so the launch is recorded here to the evening rather than the hour. Sources: Fortune, 18 January 2025; CoinGecko, January 2025.
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January 19, 2025
Record High Before The Inauguration
TRUMP reached its all time high on 19 January 2025, but price aggregators disagree on the figure. CoinGecko records $73.43 and CoinMarketCap records $75.35, both dated 19 January 2025, while CoinCodex logs $76.98 and Coinbase $74.27 on the same day. CoinGecko reported that Coinbase and Binance announced listings shortly after the launch weekend; the token later traded on Kraken, Bybit, OKX, Crypto.com and Robinhood. Sources: CoinGecko; CoinMarketCap; CoinCodex; Coinbase, accessed 4 September 2026.
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January 19, 2025
MELANIA Launch And A 38 Per Cent Fall
The MELANIA token launched just after 21:00 UTC on 19 January 2025, two days after TRUMP. Cointelegraph reported that TRUMP fell 38 per cent from $74.6 to $45.9 within 40 minutes, with about $5 billion removed from its market capitalisation, while MELANIA reached a $6.14 billion market capitalisation inside two hours across more than 45,000 buying wallets. CoinGecko reported associated congestion and elevated transaction fees on Solana. Sources: Cointelegraph, 19 January 2025; CoinGecko.
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January 22, 2025
Letter To Four Federal Agencies
Senator Elizabeth Warren and Representative Jake Auchincloss wrote to the Office of Government Ethics, the Securities and Exchange Commission, the Treasury and the Commodity Futures Trading Commission seeking answers on the TRUMP and MELANIA tokens by 4 February 2025. The letter stated that "anyone, including the leaders of hostile nations, can covertly buy these coins, raising the specter of uninhibited and untraceable foreign influence over the President". Source: US Senate Committee on Banking, Housing, and Urban Affairs, 22 January 2025.
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February 2025
Chainalysis Counts The Losses
An analysis by Chainalysis commissioned by the New York Times found that 813,294 wallets lost money on TRUMP in the 19 days after launch, for aggregate losses of about $2 billion, while entities including the Trump Organization, CIC Digital and Fight Fight Fight LLC took roughly $100 million in trading fees. Fortune summarised the ratio as $20 lost by investors for every dollar of fees collected. A separate CNBC review published on 6 May 2025 put the number of loss-making wallets at about 764,000 and found 58 wallets had made more than $10 million each. Sources: Fortune, 11 February 2025; CNBC, 6 May 2025.
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March 2025
Financial Times Puts Project Revenue At $350 Million
A Financial Times analysis reported in early March 2025 found the project had taken at least $350 million, comprising $314 million from token sales and $36 million in fees on the Solana blockchain. The FT total and the Chainalysis fee estimate were produced by different methods over different periods and are not directly comparable. Sources: Financial Times, March 2025, as reported by Scottish Financial News, 7 March 2025.
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April 18, 2025
First Large Unlock
About 40 million tokens, valued at roughly $320 million to $330 million at the time, unlocked on 18 April 2025 to the project creators and CIC Digital, the first major release under the vesting schedule. Fortune reported the price rose about 10 per cent over the following weekend and that Chainalysis had detected no significant sales by the Monday afternoon. Decrypt reported daily unlocks of roughly $4 million continuing afterwards under a 36 month schedule running to 2028. Sources: Decrypt, 11 April 2025; Fortune, 21 April 2025.
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April 23, 2025
Dinner Offered To The Top 220 Holders
The project website announced that the top 220 holders by average holdings between 23 April and 12 May 2025 would be invited to a dinner with the president on 22 May, with the top 25 offered a VIP reception. Forbes reported the token rose almost 70 per cent that evening to $15.47, settling near $12.15 the following morning, with market capitalisation around $2.43 billion. Forbes also reported that earlier website wording promising the top 25 a "Special VIP White House Tour" had been removed, and quoted criticism from Senator Adam Schiff and Senator Chris Murphy; Forbes noted no Trump or White House statement accompanied the announcement at the time of publication. Sources: Forbes, 24 April 2025; CNBC, 23 April 2025.
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May 22, 2025
The Dinner At Trump National Golf Club
The dinner was held at Trump National Golf Club Washington, D.C. in Sterling, Virginia, with named attendees including Justin Sun and Lamar Odom and more than 100 demonstrators outside the venue. Reuters, citing the intelligence firm Inca Digital, reported that attendees spent about $148 million on the token to qualify, with the top 25 accounting for more than $111 million, and that more than half of the roughly 220 guests appeared to be based outside the United States; NBC News separately reported a collective figure of $394 million. Senator Elizabeth Warren called it an "orgy of corruption" and Senator Jeff Merkley called it "the Mount Everest of American corruption", while White House press secretary Karoline Leavitt said the president's assets are held in a trust managed by his children and that he attended in his personal time. Sources: Reuters, 23 May 2025; NBC News, May 2025.
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August 26, 2025
First Spot ETF Filing
Canary Capital filed an S-1 registration statement with the Securities and Exchange Commission for the Canary Trump Coin ETF, the first proposed spot exchange traded fund holding the TRUMP token. The filing said the fund would let investors access TRUMP through a traditional brokerage account rather than acquiring and holding the token directly. The Block reported that Tuttle Capital and a partnership of Osprey Funds and Rex Shares had also filed for TRUMP products. Sources: The Block, 26 August 2025; CoinDesk, 26 August 2025.
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March 12, 2026
Second Gala Announced As The Token Sets A Low
Fight Fight Fight LLC announced a second event, at Mar-a-Lago in Palm Beach on 25 April 2026, open to the top 297 holders by time-weighted balance between 12 March and 10 April 2026, with the top 29 offered a champagne reception. The Block reported the token hit what was then an all time low of about $2.75 on the day of the announcement before rising above $3; Bitcoinist put the same day's low at $2.73. The event website stated the president would appear in a personal capacity and that no private presidential meetings were offered. Sources: The Block, 12 March 2026; Bitcoinist, March 2026.
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April 9, 2026
Senators Seek Documents On The Gala
Senators Elizabeth Warren, Adam Schiff and Richard Blumenthal wrote to Fight Fight Fight LLC requesting documents by 21 April 2026 on the planning and promotion of the Mar-a-Lago event. The senators wrote that "it is essential that Congress fully understand the extent to which President Trump and his family are profiting off his cryptocurrency ventures" and that "Congress must also take steps to prohibit and prevent these egregious conflicts of interest". Source: US Senate Committee on Banking, Housing, and Urban Affairs, 9 April 2026.
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April 25, 2026
Mar-a-Lago Gala Held
Reuters reported that roughly 297 of the largest holders attended the day-long event at Mar-a-Lago, with the top 29 invited to a VIP reception and champagne toast, and that the token traded near $2.53 that morning, more than 95 per cent below its January 2025 peak. Reuters quoted Trump saying: "As a president, I have to be able to make sure that all of our industries do well. Crypto is a big industry." The Block had earlier reported that the event terms allowed for the president not to attend, and that organisers said he would attend both the gala and the White House Correspondents' Dinner the same evening. Sources: Reuters, 25 April 2026; The Block, 9 April 2026.
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September 2026
Trading Near $2.40 After An August Record Low
CoinGecko and CoinCodex both record an all time low of $1.37 on 13 August 2026, with CoinGecko's historical series showing a close of $1.40 and a market capitalisation of about $355 million around that date. As of 4 September 2026 CoinGecko listed TRUMP at $2.36 with a market capitalisation of $619 million, and CoinMarketCap at $2.44 with a market capitalisation of $638 million, on a circulating supply of about 262 million tokens. CoinMarketCap's news summary noted team wallet transfers to OKX on 23 August 2026 and a scheduled vesting release of about 28.7 million tokens on 18 September 2026. Sources: CoinGecko; CoinCodex; CoinMarketCap, accessed 4 September 2026.
The Chart, And The Contract
The chart lives on DexScreener and will not render inside another page, so this links out to it rather than showing you a box that never loads. The contract sits beside it so you can check the chart is the token this page is about.
Check the contract against the chart before you trust either. On both chains there is always a different token using the same name.
The Risks
Structural, and specific to this token.
Risk 1
Roughly 800 million tokens sit with affiliated entities on a vesting schedule.
Risk 2
Concentrated holder base, with few wallets controlling large balances.
Risk 3
No cash flows, revenue or redemption rights attach to the token.
Supply, all time high and all time low from CoinGecko, read 2 September 2026. Launch details from the issuer's own announcements and from Solscan. Any price or market capitalisation inside the timeline is a dated snapshot, not a live figure. The live table is on the memecoins page. Every row in the timeline carries its own date and its own publication, and those are the sources. Supply, contracts, all time highs and all time lows come from CoinGecko, cross checked against CoinMarketCap and Coinpaprika. Where the aggregators disagree, both figures are printed and each is named in the row. Where a date is reported only as a month or a range it is written that way rather than narrowed. Direct quotations are reproduced from the reporting and attributed to the person who said them. Any price or market capitalisation in a row is a dated snapshot, not a live figure. Nothing on this page is a price forecast.
The Rest Of The Series
One breakdown per coin.
WIF · dogwifhat
From a fraction of a cent to nearly five dollars in four months, and what that run was made of.
PENGU · Pudgy Penguins
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BONK · Bonk
BONK is a Solana SPL memecoin launched in December 2022 by an anonymous group of Solana community contributors.
FARTCOIN · Fartcoin
Fartcoin is a Solana SPL memecoin that grew out of Truth Terminal, an AI chatbot built by researcher Andy Ayrey.
USELESS · Useless Coin
Useless Coin is a Solana SPL memecoin whose stated premise is that it has no utility, roadmap or product.
FWOG · Fwog
Fwog is a Solana SPL memecoin built on an original frog character drawn by the artist Titto.
CHILLGUY · Just A Chill Guy
CHILLGUY is a Solana SPL memecoin using a character drawn by the artist Phillip Banks.
SC · Shark Cat
Shark Cat, ticker SC, is a Solana SPL memecoin using a photograph of Nala, a cat with a large Instagram following, in a shark costume.
TROLL · Troll
TROLL is a Solana SPL memecoin built on Trollface, the 2008 drawing by Carlos Ramirez.
Common Questions
OFFICIAL TRUMP is a Solana SPL token issued under the Trump brand by CIC Digital LLC and Fight Fight Fight LLC. It carries no cash flows, governance rights or claim on any underlying business, and functions as a brand and community association token.
Issued by CIC Digital LLC and Fight Fight Fight LLC, entities affiliated with Donald Trump, on 17 January 2025.
Fixed supply of 1 billion tokens, with roughly 800 million retained by affiliated entities under a multi year vesting schedule.
Roughly 800 million tokens sit with affiliated entities on a vesting schedule. Concentrated holder base, with few wallets controlling large balances. No cash flows, revenue or redemption rights attach to the token.
No. It is a breakdown of a token, which is a different thing. Memecoins have no cash flows and can go to zero. Nothing here is financial advice and Cody Wise is not a licensed advisor.
A Memecoin Is Not
A Position.
The sleeve is sized so a total loss changes nothing about the plan. That is the only condition under which it belongs at all.
Not financial advice.