There are at least a half dozen crypto tokens on various exchanges associated with Donald Trump. However, the official $TRUMP token on the Solana blockchain, which is endorsed by the Trump family, launched three days before Trump's 2025 inauguration and jumped from $1.20 to nearly $75 in three days but dropped to less than $10 since then.
Before the inauguration, First Lady Melania Trump launched the $MELANIA token at $7. It immediately rose to $13 before dropping dramatically to pennies. Like all cryptocurrencies, which thrive in an emotionally driven environment, token prices fluctuate wildly on the exchanges. Needless to say, for the past decade, there has been nothing more emotional than America's political climate.
The Trump Cryptonaissance
In the past, President Trump was very critical of cryptocurrencies; however, he came full circle to fully endorse the industry with claims of making the U.S. the crypto capital of the planet. One of Trump's first executive orders established a working group to formalize regulations for the crypto industry as well as entertain forming a national stockpile of digital assets.
Along with partners, the Trump family launched a decentralized finance company that has issued its own stablecoin (see
World Liberty Financial), and the Trump brothers are spearheading a Bitcoin operation (see
American Bitcoin).
This pro-crypto sentiment at the highest levels of government caused people to claim "The Trump Cryptonaissance is here!" Stay tuned! See
crypto token and
Bitcoin City.