Trump launches $TRUMP meme cryptocurrency three days before inauguration

Three days before his inauguration, President-elect Donald Trump launched the $TRUMP meme cryptocurrency on the Solana blockchain, promoted via his social media accounts. The token raised approximately $100 million within days of launch, with insiders and affiliated entities retaining approximately 80 percent of the total token supply. The launch had no precedent in American history — no president-elect or sitting president had previously launched a financial instrument whose value was directly tied to the holder's perception of presidential power and future policy decisions.