Donald Trump · U.S. · CoinDesk
TRUMP token down 5% as namesake handset begins shipping next week
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The TRUMP token, the official memecoin of U.S. President Donald Trump, is down 5%, market data, as Trump Mobile announced the long awaited T1 handset is set to begin shipments next week.
Key facts
- The TRUMP token, the official memecoin of U.S. President Donald Trump, is down 5%, market data, as Trump Mobile announced the long awaited T1 handset is set to begin shipments next week
- This kind of arraignment is common; Solana re-skinned the Osom OV-1 for its first Saga phone
- The Verge got its hands on one of the T1 Phone handsets last month, and concluded that it "sure looks a lot like an HTC U24", a handset that came out in 2024
- Exactly what company is manufacturing the Trump phone is unclear, as neither HTC nor Trump Mobile would give an answer to The Verge
Summary
The TRUMP token, the official memecoin tied to President Donald Trump, fell about 5 percent as Trump Mobile said its long-delayed T1 handset will begin shipping next week. The T1 phone, sold by Trump Mobile, is a rebranded device likely based on an existing HTC model, with manufacturing details still unclear and only final assembly confirmed to take place in the United States. The latest price drop suggests investors see the T1 launch as another Trump-branded product struggling to sustain interest, with the TRUMP token already down nearly 90 percent from earlier levels. The TRUMP token, the official memecoin of U.S. As CoinDesk previously reported, neither the Trump Mobile project nor the President's memecoin has gone particularly well.