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Before trading any crypto asset, it is important to understand the risks. This overview summarizes certain risks associated with this asset. No securities regulatory authority has issued an opinion regarding this asset, including an opinion that it is not itself a security and/or derivative.

Investors in Canada are reminded that no securities regulatory authority or regulator in Canada has assessed or endorsed any Crypto Contract or Crypto Asset made available through the Uphold Platform. Read our risk summary for qualifying crypto assets.

TRUMP Describes Itself As

Official Trump (TRUMP) is a community-driven “memecoin that celebrates a leader who doesn’t back down, no matter the odds” without any inherent utility, functionality, or intrinsic value. Much like its peers in the meme token space, TRUMP thrives on cultural relevance and collective enthusiasm rather than defined use cases or applications such as governance, rewards, or ecosystem growth. Its journey is deeply tied to its ability to ignite community engagement, ride waves of market trends, and capitalize on viral moments, such as the inauguration of President J Trump, making its success a reflection of the power of shared cultural momentum.

Project Function

TRUMP is a community memecoin meaning there is no designed utility, functionality or value for TRUMP itself. Beyond its cultural significance, the project has not detailed any specific functional utilities or broader applications for the token, such as governance, rewards, or ecosystem development. The success of the token likely hinges on its ability to foster community engagement and benefit from cultural and market virality. 

Token Utility 

TRUMP is a meme coin designed to celebrate President J Trump’s inauguration and unite his supporters. TRUMP has a total supply of 1 billion tokens with approximately 200 million in circulation. The remaining tokens are held by CIC Digital LLC, and Fight Fight Fight LLC are affiliates of the Trump Organization, accounting for about 80% of the total supply.

About The Founders

Official Trump (TRUMP) describes itself as a meme coin “intended to function as an expression of support for, and engagement with, the ideals and beliefs embodied by the symbol “$TRUMP”.

Risks of TRUMP

Like an investment in other crypto assets, there are some general risks to investing in TRUMP. These include:  (i) volatility risk and liquidity risk, (ii) short history risk, (iii) demand risk, (iv) forking risk, (v) code defects, (vi) regulatory risk, (vii) electronic trading risk, and (viii) cyber security risk. For additional information of these and other general risks associated with crypto assets and Uphold’s platform, please refer to the Risks Specific to Holding Digital Assets statement.

In addition to these general risks, an investment in TRUMP is subject to the following specific risks:

  • TRUMP operates using smart contracts, which have an association with vulnerabilities and security breaches. Despite undergoing successful audits by well-regarded third-party entities, it is essential to acknowledge the existence of inherent risks. 
  • We emphasize that this Crypto Asset Statement is not an exhaustive description or summary of all risks associated with TRUMP. Investors should conduct their own research and perform their own assessment before trading any crypto asset to determine the appropriate level of risk for their personal circumstances.

    The Fight Fight Fight LLC and CIC Digital LLC are not under any legal or regulatory obligation to disclose material information to the public regarding its activities. Holders of TRUMP have no recourse to the founding team, or Uphold if TRUMP declines in value for any reason.

    Changes to applicable law may adversely affect the use, transfer, exchange, or value of any of your crypto assets, and such changes may be sudden and without notice.

    Uphold’s Evaluation Process

    Prior to listing TRUMP on the Uphold Platform, Uphold performed due diligence on TRUMP and determined that TRUMP is unlikely to be a security or derivative under relevant securities legislation. Uphold’s analysis including reviewing publicly available information on the following: 

  • The creation, governance, usage, and design of TRUMP, including ensuring the source code is open-source, audited and peer reviewed, security, and roadmap for growth in the developer community. 
  • The supply, demand, maturity, utility, and liquidity of TRUMP.
  • Any marketing materials put forward by the TRUMP social team including on, Twitter, Medium blog, LinkedIn posts, Discord and Telegram channels.
  • Material technical risks associated with TRUMP, including any code defects, security breaches and other threats concerning TRUMP and its supporting blockchain (such as the susceptibility to hacking and impact of forking), or the practices and protocols that apply to them.
  • Legal and regulatory risks associated with TRUMP, including any pending, potential, or prior civil, regulatory, criminal, or enforcement action relating to the issuance, distribution, or use of TRUMP.
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