Who Created Trump Coin? Explained Simply

By: ambcrypto|2025/05/15 18:15:05
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Understanding “Trump Coins” means sifting through a mixed bag of digital money, each with its own backstory, creators, and how much, if any, official backing it has. The one getting the most attention, the OFFICIAL TRUMP coin ($TRUMP) on the Solana system, is presented as the main Trump-branded crypto, and Donald Trump has openly recognized it. The Official $TRUMP Meme Coin (Solana) Around January 17th or 18th, 2025, then President-elect Donald Trump used his X (what used to be Twitter) and Truth Social pages to tell everyone about the OFFICIAL TRUMP coin ($TRUMP). The coin’s own website called it the “only official Trump meme.” Two groups, CIC Digital LLC (connected to The Trump Organization) and Fight Fight Fight LLC (a Delaware company started in January 2025), were behind getting it developed and out the door. They made a billion $TRUMP tokens in total. Right at the start, 200 million, or 20% of them, were up for grabs by the public. The other 800 million tokens, the remaining 80%, went to CIC Digital LLC and Fight Fight Fight LLC, with a plan to release them bit by bit over three years. The coin was pitched as something fun, a digital keepsake or symbol, definitely not an investment or a security, and it wasn’t tied to any political campaigns or government bodies. The idea was for it to be a digital token for Trump fans, helping them connect politically. Soon after it appeared, the $TRUMP coin’s price jumped dramatically; reports said its total market value rocketed to nearly $13 billion, even hitting over $15 billion when it peaked. But its value has also bounced around like crazy, falling hard from those first big numbers. Ethics experts have widely criticized the project, pointing out possible conflicts of interest for Donald Trump. Other Crypto Ventures and Coins with the Trump Name It’s really important to know that the OFFICIAL TRUMP coin is different from a whole bunch of other cryptocurrencies that have used the “Trump” name or “MAGA” slogan. These are mostly separate efforts by different people with different goals, and Donald Trump hasn’t officially approved most of them. MAGA (TRUMP) (Ethereum-based): This token took its cue from the “Make America Great Again” slogan and was put out by a group of developers who stayed anonymous. Although it’s not officially linked to Donald Trump, a large chunk of these tokens apparently ended up in his crypto wallet. TrumpCoin (DTC): This one, not the official $TRUMP, was supposedly launched in November 2023 by a team in the UK, and they say it’s a project made and owned by its community. The Original TrumpCoin (TRUMP symbol, later FREED for FreedomCoin): Word is this coin first came out in early 2016, thanks to Douglas Bothma and Liaan Roodt. It had no official ties to Donald Trump or his campaign and later changed into FreedomCoin (FREED) after Eric Trump warned in 2022 about unofficial “TrumpCoins” causing fraud. TrumpCoin (DJT) (Solana-based): Around June 2024, this token surfaced, and blockchain detective ZachXBT connected it to Martin Shkreli, the former pharmaceutical exec. Shkreli admitted he was involved, saying he was “helping a friend” and hinted Barron Trump might have known or been part of it, though the Trump family hasn’t confirmed these claims or has denied them. People have also accused this token of being a “rug pull,” where the money backing it was supposedly yanked out. $MELANIA: Melania Trump, through her company MKT World LLC, released this one around January 19, 2025, not long after the OFFICIAL TRUMP coin. Just like $TRUMP, its price shot up at first and then tumbled. Bubblemaps, a firm that analyzes blockchains, raised eyebrows about its openness, stating that almost 90% of all the tokens were sitting in just one wallet. World Liberty Financial (WLFI): Donald Trump also announced this decentralized finance (DeFi) platform. His sons, Donald Trump Jr. and Eric Trump, are involved as “Web3 ambassadors,” and Barron Trump is named as the project’s “DeFi Visionary.” A Trump company reportedly holds 60% of World Liberty Financial and gets 75% of the money from coin sales. The platform intends to launch a stablecoin named USD1. This venture, too, has attracted attention for possible conflicts of interest. What Folks Should Keep in Mind This explosion of meme coins tied to politics, often dubbed “PoliFi” tokens, has really thrown a new curveball into the crypto world. You’ll usually find these tokens: Jump All Over the Place: Their prices often shoot up or down based on social media buzz, what’s happening in politics, and celebrity shout-outs, not because they have any real worth or use. Are a Gamble: They’re definitely in the high-risk betting category. Face Ethical and Legal Questions: When political figures get mixed up in these, it rings alarm bells about conflicts of interest, trying to buy influence, and even national security. Politicians have started asking for investigations and suggesting new laws to deal with it all. The SEC has mentioned that many meme coins are more like “collectibles” and might not be covered by federal rules for securities, but that doesn’t mean other legal or ethical problems just disappear. Can Be Murky: It’s a big warning sign when you don’t know who made them or when a few people hold most of the tokens. Attract Scams and False Info: Con artists and people spreading lies love to use the popularity of political figures for their schemes. Anyone thinking about putting money into Trump-themed or any other politically linked cryptocurrencies should be incredibly careful and really dig into the details (“DYOR”) first, especially since they’re so speculative and surrounded by so much drama. Share Share Tweet

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Mixin has launched USTD-margined perpetual contracts, bringing derivative trading into the chat scene.

The privacy-focused crypto wallet Mixin announced today the launch of its U-based perpetual contract (a derivative priced in USDT). Unlike traditional exchanges, Mixin has taken a new approach by "liberating" derivative trading from isolated matching engines and embedding it into the instant messaging environment.


Users can directly open positions within the app with leverage of up to 200x, while sharing positions, discussing strategies, and copy trading within private communities. Trading, social interaction, and asset management are integrated into the same interface.


Simplified Trading Experience: No KYC Required, Opening a Position in Five Steps


Based on its non-custodial architecture, Mixin has eliminated friction from the traditional onboarding process, allowing users to participate in perpetual contract trading without identity verification.


The trading process has been streamlined into five steps:

· Choose the trading asset

· Select long or short

· Input position size and leverage

· Confirm order details

· Confirm and open the position


The interface provides real-time visualization of price, position, and profit and loss (PnL), allowing users to complete trades without switching between multiple modules.


Social-Native Trading: Strategy and Execution Completed in the Same Context


Mixin has directly integrated social features into the derivative trading environment. Users can create private trading communities and interact around real-time positions:

· End-to-end encrypted private groups supporting up to 1024 members

· End-to-end encrypted voice communication

· One-click position sharing

· One-click trade copying


On the execution side, Mixin aggregates liquidity from multiple sources and accesses decentralized protocol and external market liquidity through a unified trading interface.


By combining social interaction with trade execution, Mixin enables users to collaborate, share, and execute trading strategies instantly within the same environment.


Referral Mechanism: Non-institutional users can receive up to 60% fee split


Mixin has also introduced a referral incentive system based on trading behavior:

· Users can join with an invite code

· Up to 60% of trading fees as referral rewards

· Incentive mechanism designed for long-term, sustainable earnings


This model aims to drive user-driven network expansion and organic growth.


Self-Custody Architecture and Built-in Privacy Mechanism


Mixin's derivative transactions are built on top of its existing self-custody wallet infrastructure, with core features including:


· Separation of transaction account and asset storage

· User full control over assets

· Platform does not custody user funds

· Built-in privacy mechanisms to reduce data exposure


The system aims to strike a balance between transaction efficiency, asset security, and privacy protection.


A New Path for On-Chain Derivatives


Against the background of perpetual contracts becoming a mainstream trading tool, Mixin is exploring a different development direction by lowering barriers, enhancing social and privacy attributes.


The platform does not only view transactions as execution actions but positions them as a networked activity: transactions have social attributes, strategies can be shared, and relationships between individuals also become part of the financial system.


Regulatory Background


Mixin's design is based on a user-initiated, user-controlled model. The platform neither custodies assets nor executes transactions on behalf of users.


This model aligns with a statement issued by the U.S. Securities and Exchange Commission (SEC) on April 13, 2026, titled "Staff Statement on Whether Partial User Interface Used in Preparing Cryptocurrency Securities Transactions May Require Broker-Dealer Registration."


The statement indicates that, under the premise where transactions are entirely initiated and controlled by users, non-custodial service providers that offer neutral interfaces may not need to register as broker-dealers or exchanges.


About Mixin


Mixin is a decentralized, self-custodial privacy wallet designed to provide secure and efficient digital asset management services.


Its core capabilities include:

· Aggregation: integrating multi-chain assets and routing between different transaction paths to simplify user operations

· High liquidity access: connecting to various liquidity sources, including decentralized protocols and external markets

· Decentralization: achieving full user control over assets without relying on custodial intermediaries

· Privacy protection: safeguarding assets and data through MPC, CryptoNote, and end-to-end encrypted communication


Mixin has been in operation for over 8 years, supporting over 40 blockchains and more than 10,000 assets, with a global user base exceeding 10 million and an on-chain self-custodied asset scale of over $1 billion.


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