How did $TRUMP become the top influencer in the crypto circle overnight?On January 17, 2025 at 10 PM (Taiwan time), $TRUMP started minting on the Solana chain, and the official liquidity address injected 10% of the total tokens. By 9 AM on January 18, the full 20% liquidity injection was completed. On the same day at 10:44 AM, following a social media post by the incoming US President Trump confirming the $TRUMP, the token price surged significantly. Between 7 PM and 11 PM that day, the first wave of exchanges listed the perpetual contracts, and the next day the second wave of exchanges listed the spot trading, with the price rising from 10u to 80u, and the total circulating market cap (FDV) reaching a peak of around 800 billion u. This report will deeply analyze the key events driving this token release and the on-chain transaction flow data.

1. Project Fundamentals Analysis

1.1 Basic Information

• Token Name: OFFICIAL TRUMP (TRUMP)

• Issuance Chain: Solana

• Token Address: 6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN

• Issuance Method: Multi-signature wallet minting

1.2 Token Economic Model

• Maximum Supply: 1B (1 billion)

• Circulating Supply: 200M (200 million)

• Issuance Cycle: 36 months

• TGE Unlock Ratio: 20% (Liquidity Pool + Public Distribution)

2. Token Allocation Structure Analysis

2.1 Allocation Percentage Breakdown

1. Core Allocation (72%)

• Creators & CIC Digital 1: 36% (360M)

• Creators & CIC Digital 2: 18% (180M)

• Creators & CIC Digital 3: 18% (180M)

• Market Operations (20%)

• Liquidity Pool: 10% (100M)

• Public Distribution: 10% (100M)

• Other Allocations (8%)

• Creators & CIC Digital 4: 4% (40M)

• Creators & CIC Digital 5: 2% (20M)

• Creators & CIC Digital 6: 2% (20M)





2.2 Unlock Mechanism Analysis

2.2.1 Linear Unlock Group (80% of Total)

2.2.2 Instant Unlock Group (20% of Total)

• Liquidity Pool (10%): Unlocked at TGE

• Public Distribution (10%): Unlocked at TGE

3. Market Behavior Analysis

3.1 Key Timeline Analysis

Key Event Summary:

January 17, Taiwan Time

22:01 - Trump token minted on Solana network

22:27 - Official liquidity address started injecting liquidity, injecting 100,000,000 TRUMP (10% of total tokens)

22:58:36 - https://gettrumpmemes.com/ official website launched (reference)

January 18, Taiwan Time

09:01 - Liquidity injection completed

10:01 - First large transaction ($1,096,109) appeared

10:44 - Trump's social media post

19:00-23:00 - First wave of exchanges listed perpetual contracts (Gate.io, Hyperliquid, Bitget, HTX, Binance, Bybit)

January 19, Taiwan Time

3:30-15:20 - Second wave of exchanges listed spot trading (Kraken, OKX, Binance, Bybit, Coinbase)

3.2 Liquidity Deployment Analysis (Initial Liquidity on Meteora)

Initial Liquidity Configuration (Meteora Pool):

• TRUMP/USDC Pool: 100,000,000 TRUMP / 0 USDC

• TRUMP/SOL Pool: 0 TRUMP / 50 SOL



Characteristics:

1. Dual pool strategy

2. Conservative initial pricing

3. Reserved price discovery space

3.3 Suspicious Trading Behavior Analysis

1. Time Characteristics

• Capital Deployment: 4 hours before opening

• Entry Timing: First minute

• Profit-taking: Batched

• Initial Position: $1 million scale

• Dispersed Strategy: Split into 10 sub-addresses

• EPKrfFVt2CoaUnCo8eMauH3PEsK3rwyPQefxGd1zEi8m

• 2311zgVvwvWkGnG8ZjiKCzE9ASSpf4peoUxEsXuVEJ9A

• H2ikJvq8or5MyjvFowD7CDY6fG3Sc2yi4mxTnfovXy3K

• 2RssnB7hcrnBEx55hXMKT1E7gN27g9ecQFbbCc5Zjajq

• AETvgbNUjrjqQCr6TbDk8wNvvSDYmUUaJAu1vVXfsMSa

• 5YHnbqDfPonA7PbuY282kigRVBU4Db62DC62z3C61qXG

• cGxeYN6F7T9aELwjLPeL3hnJNscGU7EHg5CEsP4B3Hz

• 8zgKeSDpjHmDtD666y6fSZMWekvA6rQTMGynTcUaQGdr

• 5QiXtr1GSJcadW9WoAXn9LtZ4Zx5W9BfSWgPKkN5grkh

• meowthLT61GwsPZCfdRcNXwSDPp1p6bNRM7PRnYHw3z

• Profit Scale: Over $20 million cashed out

3. Transaction Information

• Transaction Record

• Transaction Address: 6QSc2CxSdkUQSXttkceR9yMuxMf36L75fS8624wJ9tXv

4. Exchange Listing Strategy Analysis

4.1 Listing Time Distribution

January 18

(Listing time based on each exchange's announcement (Taiwan time))

• Gate.io

  Spot Listing January 1810:58:56

• Hyperliquid Perpetual Contract January 18 13:25

• Bybit Pre-Market Trading January 18, 14:51

• BYBIT Spot Listing Listing AnnouncementJanuary 18, 17:24

• Binance Perpetual Contract January 18, 18:43

• Gate.io

  Perpetual Contract ListingJanuary 18, 19:23

• Bitget Perpetual Contract January 18, 20:05

• Bybit Perpetual Contract January 18, 21:27

• HTX Perpetual ContractListing Announcement (January 18)January 18, 22:56

January 19

• Kraken Spot Listing January 19, 3:33

• OKX Spot Trading January 19, 11:00

• OKX Perpetual Contract January 19, 11:40

• Coinbase Spot Listing January 19, 11:50

• Binance Spot Listing January 19, 12:05 - Listing Announcement (January 19, 16:30)

January 20

• Robinhood Spot Listing January 20, 13:16

4.2 Listing Characteristics

1. Diversity of Choices:

• Spot Trading

• Perpetual Contracts

• Leveraged Trading

• Timing:

• Rapid coverage of mainstream exchanges

• Concentrated listing on all major exchanges within 48 hours

• Perpetual contracts listed prior to spot

5. Risk Analysis

5.1 Token Economic Risks

1. Concentration Risk

• 80% of tokens controlled by the core team

• Long unlock period (36 months)

• Large daily unlocking volume in the future

• Liquidity Risk

• Unbalanced initial liquidity allocation

• Concentrated large holding addresses

5.2 Market Operation Risks

1. Insider Trading Risk

• Pre-deployment of capital

• Large buy orders

• Dispersed profit-taking

• Price Volatility Risk

• Concentrated exchange listings in the short term

• Strong speculative sentiment

• Ongoing unlocking pressure