Undoubtedly, the Official Trump coin has made waves in the crypto world, but the waves aren’t always friendly. Currently, $TRUMP trades at $12.80, with a 24-hour trading volume of over $2.12 billion and a market cap of approximately $2.56 billion. However, it has dipped 9.45% in the last 24 hours, and its price trajectory has been anything but stable. The coin’s most significant moment came from its now-infamous $148 million competition, where top holders could win dinner with President Donald Trump. The top 220 wallets—ranked by “time-weighted holdings”—were invited, and the top 25 got VIP access and a private tour. But not everyone’s clapping. According to blockchain analytics, over 592,000 wallets have lost a combined $3.9 billion since the token’s launch in January. The top wallet, “SUN,” is linked to Seychelles-based exchange HTX, associated with crypto mogul Justin Sun.
While $TRUMP still trends on social platforms, it lacks real tokenomics—no staking, deflation, or real use case. Unless you’re a political whale or just want bragging rights, it’s hard to call this one of the best cryptos for beginners. High volatility, minimal utility, and media distractions make this one a dice roll.
