Somewhere in the Solana memecoin casino, a new contender has quietly surpassed Official Trump ($TRUMP) in market capitalization. The twist: it has significantly less liquidity, which is a bit like owning a mansion you can’t actually sell.
The rise and brutal fall of $TRUMP
Launched on January 17, 2025, by entities associated with President Donald Trump, the token briefly commanded a market cap between $15 billion and $27 billion within its first couple of days.
As of early July 2026, $TRUMP trades at roughly $1.67 to $1.68 per token. That puts its market cap at approximately $398 million, representing a decline of over 97% from its all-time high near $73 to $75.
In English: if you put $10,000 in at the top, you’re looking at about $230 today.
