The Official Trump (TRUMP) meme coin stormed into the crypto scene in January 2025 with a rally that pushed its value from beneath $1 to a $73.43 peak in a matter of days. This rally positioned it among the many high twenty digital property, however at this time, it’s buying and selling far beneath these heights.
Nonetheless, Official Trump continues to be one of many greatest names amongst meme cash, and buyers are nonetheless trying in direction of one other rally. A method to measure the potential rally is by asking what would occur if TRUMP reached the identical market capitalization as Dogecoin, the main meme coin.
What If TRUMP Reached Dogecoin’s Market Cap?
On the time of writing, TRUMP is buying and selling at $8.41, down by 7.2% previously 24 hours however up by 1.4% in a seven-day timeframe. The meme coin has a market cap of about $1.683 billion. Dogecoin, essentially the most established meme coin and the benchmark of the class, is presently valued at $0.2135 per token, down by 1.8% previously 24 hours. The main meme coin has a market cap of about $31.85 billion.
When evaluating the 2 facet by facet, TRUMP’s market cap is only a fraction of Dogecoin’s dimension. In accordance to calculations from the MarketCapOf device, TRUMP’s present market worth is simply about 0.05× that of Dogecoin. Subsequently, if TRUMP had been to realize the identical market capitalization as the present value of Dogecoin, its value must climb to about $160.99 per token, which might characterize a 19.21x improve from the place it stands at this time.
Dogecoin’s All-Time Excessive
The comparability is much more completely different when contemplating Dogecoin’s all-time excessive. At its all-time excessive of $0.7316 in Might 2021, Dogecoin’s market capitalization reached roughly $88.79 billion on the again of the meme coin mania on the time. If TRUMP had been ever to match that market cap excessive, its value would want to extend to about $444.23 per token. That may equate to a rare 53.01x improve from its present value.
Nonetheless, these calculations solely consider the present circulating provide of those cryptocurrencies. TRUMP presently has a circulating provide of 199,999,973 tokens out of a most provide of 1 billion tokens. Dogecoin, however, presently has a circulating provide of 150.748 billion tokens with an uncapped most provide.
TRUMP has arguably had one of the best meme coin efficiency this cycle. Its astonishing run in January was paying homage to related meme coin rallies in 2021, which the market has been lacking this cycle. After its launch on January 17, 2025, the TRUMP meme coin’s worth soared by over 300% in below a day, reaching roughly $64 per token on the identical day. By January 19, the meme coin had reached a peak of $73.43.
Featured picture from Medium, chart from Tradingview.com
Editorial Course of for bitcoinist is centered on delivering totally researched, correct, and unbiased content material. We uphold strict sourcing requirements, and every web page undergoes diligent overview by our workforce of high know-how specialists and seasoned editors. This course of ensures the integrity, relevance, and worth of our content material for our readers.
