Donald Trump’s inauguration as the 47th President of the United States has caused ripples not just in politics but also in the cryptocurrency market. Dubbed the “crypto president,” Trump’s rise to office has been accompanied by surges in several digital assets, particularly those tied to his name or his administration's crypto-friendly policies.
Cryptocurrencies That Have Increased in Value Following Trump's Inauguration
The buzz around Trump’s inauguration has fueled excitement in the crypto market, with several digital currencies experiencing notable price surges. From meme coins bearing the Trump family’s names to established cryptocurrencies like Bitcoin, here’s how these assets have performed.
1. Trump Crypto Coin ($TRUMP)
The Trump Crypto Coin ($TRUMP) has been one of the biggest beneficiaries of the inauguration excitement. Officially launched just days before Trump took office, $TRUMP surged from an initial price of less than $10 to a peak of $74.59 by Jan. 20, 2025. Despite experiencing some volatility since, it remains a focal point for crypto enthusiasts.
At its peak, $TRUMP reached a market capitalization of over $14 billion, supported by a 24-hour trading volume of nearly $40 billion. The coin has since retraced to around $33.88 but continues to draw attention due to its direct association with Trump and its branding as a “symbol of support for Trump’s ideals.” Much of the token’s supply is held by Trump-affiliated entities, raising questions about centralization and long-term sustainability.
The surge in $TRUMP’s value is attributed to Trump’s promises of crypto-friendly policies and his administration’s intention to loosen regulatory oversight on digital assets. These expectations have made $TRUMP a speculative favorite for traders looking to capitalize on the buzz.
2. Melania Meme Coin ($MELANIA)
Launched shortly after $TRUMP, the Melania Meme Coin ($MELANIA) also witnessed a significant price increase. Debuting at $7.40, $MELANIA surged to an all-time high of $13.73 within hours, supported by strong trading activity and its branding tied to first lady Melania Trump. Like $TRUMP, it experienced sharp declines and now trades at approximately $4.55, with a market cap of $681 million.
The Melania Meme Coin gained traction as a cultural collectible rather than an investment asset, attracting supporters of the Trump family and meme coin traders. After the inauguration, its rise was further fueled by speculation and the broader rally in Trump-linked cryptocurrencies.
3. Barron Trump ($BARRON)
The Barron Trump Meme Coin ($BARRON), though unofficial and not endorsed by the Trump family, generated significant attention. Launched on Jan. 20, 2025, the Solana-based token initially skyrocketed to a market cap of $72 million but has since plummeted to $33 million. Insider trading activity and rumors of Barron Trump’s involvement played a major role in its early surge.
The coin’s price volatility has been extreme, with an insider wallet reportedly earning over $1 million from a rapid sell-off. Despite these red flags, $BARRON remains popular among meme coin traders looking for high-risk, high-reward opportunities.
4. Bitcoin ($BTC)
Bitcoin, the world’s largest cryptocurrency, also benefited from Trump’s inauguration. On Jan. 20, it hit an all-time high of $109,071 before retreating to around $101,867. The rally was driven by expectations of favorable crypto policies under Trump’s administration, including potential regulatory relief and establishing a Bitcoin strategic reserve.
Bitcoin’s surge underscores its role as a bellwether for the broader crypto market. The inauguration amplified investor confidence in digital assets, fueling speculative buying and renewed interest in Bitcoin as a store of value.
5. Solana ($SOL)
As the blockchain underpinning $TRUMP, $MELANIA and $BARRON, Solana saw a notable increase in value over the inauguration weekend. Solana’s native token, SOL, reached an all-time high of $294.33, buoyed by the surge in activity and trading volumes for Trump-related meme coins. This highlights the platform’s growing popularity as a hub for meme coin projects and decentralized applications.
6. Dogecoin ($DOGE)
Dogecoin, a pioneer in the meme coin space, experienced a modest rally after Trump’s inauguration. Often benefiting from social media-driven hype, DOGE saw a price increase of approximately 8% over the weekend, trading at $0.09. The coin’s rise was largely due to speculative sentiment from other meme coin projects.
7. Ethereum ($ETH)
Ethereum, the second-largest cryptocurrency by market cap, also recorded gains, rising nearly 6% to $1,892. As the backbone of many decentralized finance (DeFi) and token projects, Ethereum’s performance was bolstered by increased activity in the crypto market spurred by Trump’s inauguration.
8. Tron ($TRX)
Tron saw a boost in value following the announcement that its founder, Justin Sun, invested $75 million in Trump-linked World Liberty Financial tokens. TRX rose 10%, reaching $0.12, as investors anticipated stronger ties between Tron and the new administration’s crypto initiatives.
9. Binance Coin ($BNB)
Binance Coin gained momentum as the Binance exchange supported trading pairs for $TRUMP and $MELANIA. BNB rose 5% to $342, reflecting increased trading volumes and activity on the platform.
10. World Liberty Financial Token (WLF)
World Liberty Financial’s token sale raised $1 billion, making it one of the most talked-about crypto projects tied to the Trump administration. While WLF tokens are not publicly traded, their success has added to the hype around Trump’s crypto ventures.
Crypto Markets Buzz
The surge in cryptocurrency values following Trump’s inauguration underscores the powerful influence of public sentiment and policy expectations on the market. While some coins have seen dramatic gains, they remain speculative assets, subject to significant risks and volatility. Investors should proceed cautiously, conducting thorough research and ensuring they understand the dynamics of the crypto space.
FAQs
Is there a correlation between Trump's inauguration and the rise of specific cryptocurrencies?
Yes, Trump’s inauguration and promises of crypto-friendly policies have fueled speculation, driving up the value of several cryptocurrencies.
Did Trump’s inauguration lead to renewed interest in Bitcoin as a safe-haven asset?
Yes, Bitcoin reached an all-time high during the inauguration, reflecting increased confidence in digital assets under Trump’s administration.
Which altcoins benefited from Trump's inauguration?
Altcoins like $TRUMP, $MELANIA and Solana ($SOL) fluctuated due to their associations with Trump-related projects.