By May 31, 2024, the PolitiFi market was valued at $1.74 billion, a period when neither the official TRUMP coin nor the MELANIA token had yet emerged. For the record, official TRUMP debuted on Jan. 17, 2025, followed closely by MELANIA two days later. Today, official TRUMP boasts a $2.97 billion market capitalization, while MELANIA commands a market cap of $180.37 million.
The unofficial maga (TRUMP) coin that was issued before the Trump team’s official meme coin. 98.8% of this coin’s value has been erased.
Over the span of 11 months and 27 days since May 31, 91.68% of the value once held by pre-existing PolitiFi tokens has been wiped away. Consider, for instance, the unofficial maga (TRUMP) coin, which entered the market prior to the U.S. president’s official release. On June 1, 2024, the coin peaked at $17.51; today, it languishes at $0.20 per coin, reflecting a staggering 98.8% collapse over 11 months.
U.S. President Donald Trump’s third largest crypto holding is the unofficial TRUMP coin issued before his official token this year. At one point the President’s stash was worth over $10 million and today it’s a mere $118K.
Numerous other PolitiFi projects—including constitutiondao (PEOPLE), jeo boden (BODEN), maga hat (MAGA), doland tremp (TREMP), tooker kurlson (TOOKER), and kamala horris (KAMA)—have likewise seen their valuations obliterated. Many of these assets were already languishing before the arrival of the official TRUMP and MELANIA tokens, but their introduction served as yet another nail in the coffin.
By December 2024, the PolitiFi sector teetered at $467.07 million, and following the debut of the official tokens, pre-existing PolitiFi coins shed an additional $322.29 million. Today, apart from TRUMP and MELANIA, the remainder of the PolitiFi market is valued at a modest $144.78 million. Moreover as these older coins have suffered steep declines, liquidity has all but evaporated. For example, while the official TRUMP recorded $1.63 billion in daily volume, its unofficial predecessor mustered up just $218,329 over a 24-hour period.
U.S. President Trump holds 579,290 unofficial TRUMP coins, a windfall airdropped directly to his address by the token’s creators. At one point last year, this cache was valued at $10.14 million; today, the same trove is worth just $118,990. Neither Trump nor his team has ever moved the coins—they remain untouched in his wallet to this day. The President’s most valuable crypto holding is TROG, another unsolicited donation, currently valued at $915,040. Like the TRUMP tokens, the TROG airdrop has also remained completely undisturbed.
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