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Can $TRUMP memecoin reach $100? | What to expect 

 

By Market Steam Jan 20, 2025 

 

 

The TRUMP token has demonstrated significant growth since its launch, attaining a peak value of $75.35, which elevated the memecoin's market capitalization to $15.07 billion. 

 

However, the political-themed cryptocurrency subsequently experienced a decline, reaching a low of $39.03. It has since recovered, currently trading at $47.36 at the time of this report according to data from CoinMarketCap.

 

The cryptocurrency market has experienced significant activity following the introduction of the TRUMP memecoin ($TRUMP) on January 18, 2025. Achieving a remarkable market capitalization of $8 billion within hours of its launch and demonstrating a considerable impact on the Solana blockchain, the token has garnered wide attention. However, the question remains: can this politically affiliated memecoin attain a price milestone of $100?

 

Initial Performance: A Record-Breaking Start

 

Since its launch, the performance of $TRUMP has been remarkable. In contrast to traditional memecoins, the TRUMP token is characterized by a relatively limited supply. 

 

With a maximum supply capped at 1 billion tokens and an initial release of 200 million, $TRUMP is perceived as a scarce memecoin. This scarcity has significantly contributed to its rapid growth, allowing it to secure a position among the top 15 crypto assets by market capitalization within just 36 hours of its debut.

 

The token experienced a staggering price increase of over 1,000% within the first 24 hours, driven by robust trading volumes. Additionally, Solana’s native token, SOL, reached a new all-time high of $294.33, which can be attributed to the positive ripple effect generated by $TRUMP within the broader ecosystem.

 

The introduction of the TRUMP token has led to a wave of diverse political-theme memecoins entering the Solana meme market, with a focus on individuals connected to Trump as well as a broader array of national political figures. 

 

TRUMP’s rise to $100 | What to expect 

 

$TRUMP memecoin 24hrs price chart. Source: Coinmarketcap.com

 

The chart above shows the experienced notable decline of the political memecoin associated with the 47th President of the United States following an initial surge in price during its first 48 hours of trading.

 

This correction is indicative of a healthy market adjustment, as the trading volume had surpassed the asset's market capitalization, suggesting a state of overvaluation and a potential short-term peak.

 

Looking ahead, numerous forthcoming developments related to cryptocurrency within President Donald Trump’s MAGA plan could drive $TRUMP towards the $100 threshold. The key factors influencing this potential trajectory are as follows:

 

● Cultural Relevance

 

Memecoins like Dogecoin and Shiba Inu have demonstrated the power of community and cultural resonance. With Donald Trump’s significant media presence and cult-like following, $TRUMP token could sustain a community-like interest. 

 

Trump-affiliated events and tweets could drive periodic surges in demand and continued popularity amongst retail investors could foster a sense of exclusivity and urgency.

 

● Scarcity and Tokenomics

 

While the memecoin has a very concentrated supply with 80% of the token being allocated to insiders, essentially the Trump administration, the initial 200 million circulating supply creates a perception of scarcity. 

 

That said, insider supply is set to periodic releases over three years and could maintain scarcity-driven demand, especially if adoption grows.

 

That said, as a memecoin, the TRUMP token has no real development focus and is solely meant for entertainment and a form of support for the Fight Fight Fight Trump administration. 

 

Nonetheless, Trump's dual role as a political leader and crypto figure may invite scrutiny from regulators.

 

Retail investors view $TRUMP as a high-risk, high-reward play and critics question its longevity and ethical implications. If $TRUMP can overcome skepticism and deliver value beyond speculation, it could achieve sustained growth above $100, bringing its fully diluted valuation to $100 billion, surpassing DOGE and potentially claiming the top 6 position in the ranks of most valuable crypto assets by market capitalization. 

 

Speculatively, the $100 target is not impossible, given $TRUMP’s explosive start, scarcity-driven tokenomics, and political momentum. That said, the meme crypto may temporarily stabilize or further decline to balance off its short-term overvaluation.