The cryptocurrency TRUMP, endorsed by President Trump, is now available for purchase in Japan, supported by Bitpoint.

## President Trump’s endorsed cryptoassets

The cryptocurrency exchange Bitpoint, which operates in cryptoassets, announced on the 13th that it has started handling the cryptoasset “TRUMP (Official Trump)” inspired by U.S. President Donald Trump for the first time in Japan.

The service will start with spot trading, and the accumulation service is scheduled to begin around July.

TRUMP was issued in January 2025 by Fight Fight Fight LLC., a Trump-related company, on the Solana blockchain. It stands apart from typical meme coins and has the unusual distinction of being the only meme coin officially recognized by a sitting president.

At the time of issuance, Mr. Trump himself announced it on social media, becoming a global topic of discussion. Since then, it has continued to attract attention in connection with his movements. In April, the announcement of a dinner event for large holders was made, which became a factor in the price increase.

According to CoinMarketCap, the market capitalization of TRUMP is approximately 285 billion yen, ranking 44th in the cryptoassets market (as of June 13).

Campaign launch for handling commemoration

SBI Group’s Bitpoint Japan, which operates Bitpoint, will launch three campaigns simultaneously to commemorate the start of handling.

In the main purchasing campaign, a total of 1 million yen worth of TRUMP will be distributed by lottery to 79 people. Purchasers of 10,000 yen or more are eligible, and the probability of winning increases according to the purchase amount.

In addition, there is a distribution worth 10,000 yen for following and reposting on SNS (targeting 5 people), and a maximum benefit worth 2,000 yen for new account holders is also prepared. The duration of all campaigns is from June 13 to July 14.

BITPOINT’s Open an account here (free)

investment targets including political risks

TRUMP is positioned as the only meme coin officially recognized by Donald Trump, the current President of the United States.

Mr. Trump’s statements and policy trends may directly influence prices, presenting different risk factors compared to traditional cryptoassets. As a cryptoasset that includes political elements, significantly higher volatility (price fluctuations) is expected than before.

In the cryptoassets market, meme coins inspired by specific individuals or communities have been actively traded in recent years, but it is extremely rare for a sitting president to endorse such coins. Investors are required to make cautious investment decisions that take into account both political risks and price fluctuations due to trending topics.

The company states that “there are various risks involved in cryptoasset trading, such as price fluctuations, liquidity, system, and credit risks,” and calls for investment based on self-responsibility after fully understanding the mechanisms and risks of trading.

This article includes sponsored content from companies as well as affiliate advertisements. CoinPost does not guarantee the quality or performance of the content or products presented. For service use or inquiries, please contact the service provider directly. CoinPost is not responsible for any damages or losses resulting from the content of this article or actions taken based on it, whether direct or indirect. Users are encouraged to conduct their own research and act at their own risk when taking actions related to this article.