Market
What regulatory actions will be taken against $TRUMP memecoin by June 30, 2025?
3
Resolution / Starting Odds
No Action • 25%
Warning Issued • 25%
Fines Levied • 25%
Trading Ban • 25%
Regulatory agency announcements or legal filings
Story
Trump's Truth Social Account Announces $TRUMP Memecoin on Solana Amid Hacking Concerns
Jan 18, 2025, 02:25 AM
Just days before his inauguration, President-elect Donald Trump's official Truth Social account announced the launch of a personal memecoin named $TRUMP on the Solana blockchain, directing users to a website with the domain 'gettrumpmemes' to obtain the token. The token experienced a meteoric rise, reaching approximately $1.7 billion in market capitalization with over $140 million in trading volume within an hour. However, there are concerns about the legitimacy of the announcement, as some suggest that Trump's account may have been compromised. Additionally, the top holder of the token reportedly controls 80% of the supply, raising questions about the token's authenticity and potential risks to investors.
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Similar markets
Fines imposed • 25%
No action taken • 25%
Warning issued • 25%
Trading banned • 25%
No action taken • 25%
Investigation launched • 25%
Ban or trading restrictions • 25%
Fines or penalties imposed • 25%
Yes • 50%
No • 50%
Confirmed illegitimate • 25%
Officially disassociated by Trump • 25%
Confirmed legitimate • 25%
Remains unresolved • 25%
Less than 60% • 25%
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70% to 80% • 25%
Positive • 25%
Negative • 25%
Mixed • 25%
Neutral • 25%
Regulatory framework for crypto • 25%
Tax incentives for crypto firms • 25%
Other initiative • 25%
Public-private crypto partnerships • 25%
100,000 to 200,000 • 25%
200,000 to 300,000 • 25%
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Below 100,000 • 25%
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Against $TRUMP • 25%
No Action • 25%
Against $MELANIA • 25%