The newly inaugurated President of the United States, Donald Trump, released his official meme token $TRUMP this morning at 10 AM, causing a strong market response. The token's market value surpassed $9 billion within the first three hours of trading, surpassing $PEPE to become the third-largest meme token.
However, as there have been many previous cases of hackers stealing celebrity accounts to issue meme coins, the community has expressed suspicion that Trump may have been hacked. Since $TRUMP has not been issued for long, BlockTempo will continue to track the latest information.
Trump's Official Channel Continues to Post
After posting about the meme coin, Trump continued to post on Truth Social, including "Peggy Schwinn will serve as the next Deputy Secretary of the U.S. Department of Education" and "The most important weekend in American history is coming up." This suggests that his account has not been compromised by hackers.
Additionally, Abstract Chain founder @0xCygaar tweeted that the deployment of Trump's new meme coin website is similar to his previous official NFT website:
Okay, the deployment of the new Trump meme coin (memecoin) website is almost identical to his previous NFT website.
Same Cloudflare setup, deployed via Heroku, same SSL cert issuer.
HTML structure very similar to the previous one.
Polymarket Opens Betting Pool
Furthermore, the decentralized prediction market Polymarket has opened a betting pool on "Was Trump Hacked?", with the market's prediction of the likelihood of him being hacked dropping from a high of 55% to the current 6%.
Official Team Addresses Hold 80% of Total Supply, Unlocked Over Three Years
According to the GetTrumpMemes official website, 80% of the $TRUMP token supply is held by Trump Group subsidiaries CIC Digital LLC and Fight Fight Fight LLC jointly, currently worth around $6.5 billion, but this address is subject to a 3-year unlocking plan.
The introduction states that the total supply of $TRUMP tokens is 1 billion, with 200 million $TRUMP tokens available for circulation on the first day, and the supply is expected to gradually increase to 1 billion $TRUMP over the next three years, which is different from the past meme coin issuance practices.
