Exploring the Rise and Potential of the Trump Meme Coin
The Trump (TRUMP) meme coin made an explosive entrance into the cryptocurrency world in January 2025, experiencing a remarkable surge from below $1 to an impressive peak of $73.43 within days. This meteoric rise propelled it into the ranks of the top twenty digital assets. However, its current trading value has seen a significant decline from those lofty heights. Despite this, the Official Trump token remains a prominent player in the meme coin arena, with investors eagerly anticipating the possibility of another rally.
Assessing TRUMP’s Potential to Match Dogecoin’s Market Capitalization
As of now, TRUMP is valued at $8.41, reflecting a 7.2% decrease in the past 24 hours, but showing a 1.4% increase over the past week. Its market capitalization stands at approximately $1.683 billion. In contrast, Dogecoin, the leading meme coin and a benchmark in the category, is priced at $0.2135 per token, with a slight 1.8% decrease over the last 24 hours, and boasts a market cap of around $31.85 billion.
Advertisement Banner
When juxtaposing these two coins, TRUMP’s market capitalization is a mere fraction of Dogecoin’s. Based on the calculations from the MarketCapOf tool, TRUMP’s current market value is only about 0.05 times that of Dogecoin. Thus, for TRUMP to reach the same market capitalization as Dogecoin, its price would need to surge to approximately $160.99 per token, marking a 19.21-fold increase from its current standing.
Dogecoin’s Historical Highs and TRUMP’s Aspirations
The comparison becomes even more striking when considering Dogecoin’s all-time high. In May 2021, during the peak of meme coin mania, Dogecoin reached a price of $0.7316, with its market capitalization soaring to approximately $88.79 billion. Should TRUMP aspire to match that high market cap, its price would need to escalate to about $444.23 per token, translating to an astonishing 53.01-fold increase from its present value.
However, these projections are based on the current circulating supply of these cryptocurrencies. TRUMP’s circulating supply is 199,999,973 tokens out of a possible 1 billion tokens, whereas Dogecoin’s circulating supply is 150.748 billion tokens with no cap on its maximum supply.
The Meteoric Rise of TRUMP in the Meme Coin Cycle
TRUMP has arguably delivered one of the most impressive performances among meme coins in this cycle. Its exhilarating rise in January echoed the fervor of meme coin rallies seen in 2021, a momentum that had been absent in recent cycles. Launched on January 17, 2025, the TRUMP meme coin witnessed a staggering 300% increase in under a day, reaching around $64 per token on its debut day. By January 19, it had peaked at $73.43.
Our Rigorous Editorial Standards
At Bitcoinist, our editorial process prioritizes delivering well-researched, precise, and unbiased content. We adhere to stringent sourcing standards, with each publication meticulously reviewed by our team of top industry experts and veteran editors. This rigorous process ensures the integrity, relevance, and value of our content for our audience.
“`
