Donald Trump's $TRUMP memecoin has seen a considerable increase in demand over the past couple of months. The reigning US President had launched the crypto coin just before his inauguration in January 2025, and in a matter of weeks, its demand also grew. However, it had to face some months of constant volatility too. The coin was first launched on the Solana blockchain, and some traders even wondered if the coin was a fake, until Trump himself announced about the same officially in a Truth Social post.
The coin was at first trading at a base price of a little more than a dollar, but as soon as Trump made things official, the prices skyrocketed within minutes. The memecoin began trading near $75 per coin at one point, after starting off at just a dollar.
During the start of the $TRUMP memecoin, it was trading at $1.20. Had you invested a cool hundred dollars, you would own 82.64 Trump coins. The current trading price as of the writing of the report is $11.03, which means that your hundred dollars would now be valued at approximately $911.51, which is a massive increase within a span of just 5 months.
Imagine selling the memecoins when they were being sold at $75 apiece. If you were one of those who could buy and trade within the $1 to $75 window, you were very lucky.
Meanwhile, for those investors who are looking to establish their financial security, $TRUMP may not be a standard trading option, owing to its volatility, according to Nasdaq. "If you are looking for a possible quick-flip profit with some "fun money" on a highly volatile — and popular — meme coin, Trump coin might work for you. More broadly, don’t put more than you can afford to lose into any cryptocurrency. And while $100 might be fun speculation to put into something like a Trump coin, don’t risk your retirement on volatile assets like meme coins," reads a Nasdaq report.
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