What Is The Official $TRUMP Memecoin?
This memecoin was launched today, January 18th or January 17th depending on your timezone, so roughly ~6 hours ago. Initially the feeling in crypto twitter was that this is clearly a scam, but then Trump himself actually tweeted about the coin:
So it seems to be legit, although the coin is less than 12 hours old, so be careful if you choose to trade it. Below is a screenshot from the coins official website: https://gettrumpmemes.com/
Official $TRUMP coin website
So it seems the point of this memecoin is to “Join the Trump community” and “Celebrate Our Win & Have Fun”, but it is so fresh that nobody really knows anything at this point to be honest.
$TRUMP Tokenomics, Supply and Emission Schedule
$TRUMP Tokenomics, Supply and Emission Schedule
- 80 % to creators
- 10 % Liquidity
- 10 % on open market
Yes, you read that right. 80 % of the supply is currently locked with unlocks starting in 3 months and lasting (only) 3 years. 10 % of $TRUMP was put for liquidity and only 10 % was made available for retail to buy. This explains the astronomical marketcap $TRUMP skyrocketed during the first 12 hours of trading
https://medium.com/@0xkryptokeisarii/official-trump-memecoin-all-you-need-to-know-b8a2e9c71aef?source=rss-7c109d89a86d——2