Donald Trump made history as the first U.S. president to debut an official meme coin, TRUMP, on Jan. 17, 2025—three days prior to his swearing-in ceremony. Notably, Melania Trump followed with her own digital asset, MELANIA, unveiled on Jan. 19, 2025, a mere 24 hours ahead of the presidential inauguration.
As of publication, the circulating supply of TRUMP tokens stands at 199,999,976, representing a fraction of the total fixed supply, which is capped at 1,000,000,000 coins. The leading external holder of TRUMP tokens, excluding the project, is Binance, which notably commands 25,151,426 TRUMP—equivalent to 12.58% of the circulating supply—on its exchange platform.
OFFICIAL TRUMP/USD via Coinbase on March 29, 2025.
Following Binance, a pseudonymous entity holds 16,034,161 TRUMP—8.02% of the circulating supply—within a single Solana account. The token’s creator or issuing entity retains 15,019,350 TRUMP, accounting for 7.51% of the 199,999,976 tokens in circulation. A separate Binance wallet holds roughly 15,000,000 TRUMP, comprising 7.5% of the total circulating within the cryptosphere.
MELANIA/USD via Bitstamp on March 29, 2025.
Since its debut, TRUMP holders have faced challenges, as the asset has plummeted 85.9% from its peak value of $73.43. Presently, TRUMP fluctuates between $9.85 and $11.25 per token relative to its seven-day simple moving average (SMA). The presidentially themed meme coin asset now boasts a market capitalization just exceeding $2 billion. MELANIA has similarly retreated, losing 95.1% of its value from its all-time peak of $13.05.
Presently, the token exchanges hands at $0.61 per coin, with 150,000,000 coins in circulation. This calculates to a market capitalization just shy of $100 million—$95,250,797, to be precise. Meteora’s MELANIA-USDC liquidity pool commands the largest share of MELANIA tokens outside the project’s team allocation, holding 105,613,966 coins (70.41% of the current circulating supply).
This steep decline likely stems from waning enthusiasm for meme coins amid broader market downturns. Notably, meme-centric assets have experienced disproportionately severe declines compared to other sectors during the recent crypto-market correction.
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