Official Trump (TRUMP) remains the sixth-largest meme coin one year after its surprise launch, currently trading above $4 with a $991 million market cap. The Solana-based token debuted three days before Donald Trump's second inauguration in January 2025, catching markets off guard and triggering unprecedented trading activity.
The token surged to a $10 billion valuation within hours of launch, peaking at $73 as retail traders flooded Phantom Wallet with over 8 million requests per minute. Trading infrastructure buckled under the demand as speculation drove massive position-taking across cryptocurrency exchanges. TRUMP now sits 93% below its all-time high.
Trump Family's Crypto Empire and Political Conflict
The Trump family's crypto empire has generated over $1 billion in profits across multiple ventures, including TRUMP, World Liberty Financial, and the MELANIA token, according to Eric Trump's October comments to the Financial Times. These holdings have sparked sustained political conflict as Democrats cite personal enrichment concerns to block digital asset legislation.
Peter Chung, head of research at Singapore-based Presto Labs, stated that the TRUMP meme coin launch has harmed the industry more than helped it.
World Liberty Financial and Stablecoin Operations
World Liberty Financial's native token WLFI and dollar-backed stablecoin $USD1 form another pillar of the family's digital asset operations. The Trump family's stake in World Liberty has increased their net worth by over $6 billion since trading commenced, with the president disclosing $57.3 million in earnings in June that lawmakers characterized as "open corruption."
A $2 billion UAE investment tied to World Liberty's USD1 stablecoin drew further scrutiny from Senator Warren, who labeled the arrangement "shady." The investment represents one of several foreign capital inflows into Trump family crypto ventures that have raised conflict-of-interest questions among Democratic lawmakers and ethics watchdog groups.
Ongoing Conflict of Interest and Legislative Gridlock
Conflict-of-interest questions remain unresolved as the Trump family continues to operate multiple crypto ventures while the president holds office. The situation has created legislative gridlock, with digital asset reform efforts facing sustained opposition tied directly to the administration's personal financial stakes in the sector.