The cryptocurrency market has witnessed numerous remarkable launches, but few have captured public attention quite like Official Trump ($TRUMP). Launched on 17 January 2025, just before Donald Trump’s presidential inauguration, this digital asset skyrocketed from an initial value of around USD 10 to a peak of USD 75.35, reaching a market capitalisation of USD 15.02 billion within days.
Now available for CFD trading on VT Markets, TRUMP Coin presents unique opportunities for traders. Let’s explore what you need to know about trading this distinctive cryptocurrency.
Official Trump is a cryptocurrency built on the Solana blockchain, combining political branding with digital asset technology.
With a total supply of 1 billion tokens, of which 200 million were initially released to the public, it’s classified as a memecoin – a cryptocurrency that gains value primarily through community interest and social media buzz.
What sets Official Trump apart from previous Trump-themed cryptocurrencies is its official backing from Donald Trump himself, with 80% of the supply controlled by Trump-affiliated entities CIC Digital LLC and Fight Fight Fight LLC.
While primarily used for trading and speculation, TRUMP Coin aims to integrate into political fundraising and merchandise sales, potentially supporting various political initiatives and campaign activities.
The coin operates on Solana’s high-speed blockchain, enabling quick transactions and efficient trading. Within its first 24 hours of trading, $TRUMP achieved a remarkable trading volume of USD 36.15 billion, demonstrating significant market interest.
The coin follows a deflationary model with periodic token burns, which could potentially increase scarcity and value over time.
Understanding TRUMP Coin’s price movements requires attention to several key factors. Unlike traditional cryptocurrencies, $TRUMP’s value is heavily influenced by political developments and social media sentiment.
Key price drivers include:
For instance, during its launch weekend, TRUMP Coin’s price surged from around USD 10 to USD 75.35 within 48 hours. However, the coin experienced a 50% drop on Inauguration Day, demonstrating the significant impact of political events.
Some market analysts predict potential price targets ranging from USD 100 to USD 300 if Official Trump manages to overtake Dogecoin’s market position, which currently stands at approximately USD 60 billion.
Trading TRUMP Coin requires careful consideration of its unique risk profile.
As a memecoin, it is highly volatile, with price swings of 50% or more within a single day not uncommon. Recent data shows that during a broader market downturn, $TRUMP dropped 15% to USD 17, while the meme coin sector declined by 17%, according to CoinGecko.
Another key risk is the concentration of supply—with 800 million tokens linked to Trump-affiliated entities, large token movements could significantly impact price. Additionally, Official Trump’s close ties to political events make it highly sensitive to sentiment shifts.
For example, after Trump publicly endorsed the TRUMP Coin on social media, it initially surged but then plunged over 70%, with trading volume collapsing by 90%. Similarly, when trade war concerns emerged, Bitcoin fell just 3%, while TRUMP Coin and other meme coins suffered double-digit losses.
These factors highlight the need for caution, as both market conditions and political developments can trigger sharp, unpredictable price swings.
Contract for Difference (CFD) trading offers several advantages for traders interested in TRUMP Coin exposure.
Through VT Markets, you can trade TRUMP Coin CFDs with 1:1 leverage, meaning you get full exposure to price movements without needing to handle actual cryptocurrency storage or transfer.
CFD trading allows you to:
Remember that CFD trading means you are speculating on price movements rather than owning the underlying asset. This can be advantageous for traders focused on short-term price action rather than long-term holding.
Trading TRUMPUSD effectively involves understanding market trends, staying updated on relevant news, and managing risks carefully. Here are some key strategies:
Trend trading
Identify market direction using moving averages. For instance, when the 20-day moving average crosses above the 50-day, it may signal a buying opportunity. Monitor trading volumes and set profit targets near significant resistance levels, such as USD 75.35.
News trading
TRUMPUSD is sensitive to political events. Keep abreast of statements from political figures and regulatory news, as these can cause immediate price movements. Quick decision-making is crucial in this strategy.
Volatility trading
Given TRUMPUSD’s high volatility, short-term traders can capitalise on rapid price changes. Utilise indicators like the Relative Strength Index (RSI) to spot potential reversal points. Be cautious and maintain strict risk controls.
Risk management
Due to significant price swings, it’s essential to implement robust risk management. Limit each trade to a small percentage of your capital, use stop-loss orders appropriately, and consider taking partial profits to secure gains.
Trading TRUMP Coin through CFDs offers an accessible way to participate in this unique market without the complexity of direct cryptocurrency ownership. However, success requires careful attention to both political developments and market dynamics.
Remember to start with small positions while you learn the market’s characteristics. Stay informed about political events and technical indicators, and always maintain strict risk management practices.
Ready to trade TRUMP Coin? Open a live account with VT Markets and access a user-friendly platform, professional tools, and competitive trading conditions. Start trading one of 2025’s most talked-about financial assets today!
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