TRUMP token is a cryptocurrency associated with U.S. President Donald Trump, launched on January 17, 2025, on the Solana blockchain. Initially, one billion tokens were created, with 200 million released to the public and 800 million retained by Trump-affiliated companies. The token's value experienced significant volatility, peaking at $75 shortly after launch and later stabilizing around $11.99. While some view it as a collectible or expression of support, others raise ethical and legal concerns regarding its implications.