What is Elon Trump (ET) crypto coin? The truth behind the meme coin with 3 million percent price gaps

Elon Trump (ET) isn’t a real cryptocurrency backed by technology, innovation, or a team. It’s a meme coin born from internet chaos-mixing two of the most polarizing names in pop culture and slapping them on a token with no utility, no roadmap, and no transparency. Launched in June 2024, ET trades on minor exchanges like Phemex and MEXC, but you won’t find it on Binance, Kraken, or Coinbase’s main platform. Despite that, it’s listed on Coinbase’s price tracker, which only means someone typed it in-and now the data is floating around like digital confetti.

Here’s the first red flag: no one knows who created it. The project description on CoinMarketCap says it was built by "highly talented, intensely driven crypto nerds"-but gives zero names, no GitHub, no whitepaper, no contact info. That’s not anonymity. That’s evasion. Real crypto projects, even obscure ones, have public teams. ET has ghosts.

The token runs on Solana, which makes sense-Solana is cheap and fast for launching meme coins. The total supply is exactly 2,100,000,000,000 ET coins. That’s 2.1 trillion. Why? Because when you’re selling a coin with no value, you need a huge number to make the price look tiny. $0.00000003 per coin sounds harmless. But if you had 100 million ET, you’d own less than $3. That’s not a currency. That’s a math trick.

Now, here’s where it gets wild. On July 30, 2025, Phemex showed ET trading at $0.072349. On the same day, Coinbase listed it at $0.00000003. That’s a 3 million percent difference. One exchange says it’s worth over 7 cents. The other says it’s worth a fraction of a penny. This isn’t market fluctuation. This is data poisoning. Either someone is manipulating prices on Phemex, or Coinbase’s feed is pulling from a fake source. Either way, you can’t trust any price you see.

The all-time high was $0.000005 in April 2025. Today, it’s trading at less than 1% of that. Coinbase says ET is down 95.81% from its peak. That means if you bought at launch and held, you’ve lost nearly all your money. And the trading volume? On Coinbase, it’s $44.85 in 24 hours. On Phemex, it’s $3,000. That’s not a liquid market. That’s a small group of people moving the price around like a puppet show.

There’s no community. No Reddit threads. No Twitter buzz. No Discord server with real activity. Just identical marketing copy copied and pasted across CoinMarketCap, CoinCodex, MEXC, and CoinGecko: "a revolutionary meme coin that aims to unite the power of meme culture and the spirit of innovation." That’s not a project description. That’s a template. Real projects write their own story. ET just stole one.

And the predictions? CoinCodex says ET will drop another 25% by August 2025. But their notation shows $0.0₁₄2248-what even is that? A typo? A bot error? Either way, no serious analyst gives ET a second look. Messari, Delphi Digital, CoinGecko Pro-they don’t cover it. Why? Because there’s nothing to analyze. No code. No team. No use case. Just a name and a chart.

People who buy ET are chasing hype. They see a price spike on Phemex and think, "This is the next Dogecoin." But Dogecoin had a community, a purpose, and a team that showed up for years. ET has a name and a scammy website. No one’s building anything. No one’s fixing bugs. No one’s adding features. The last update? June 2024. That’s it.

And here’s the worst part: the SEC flagged similar coins in May 2024 as high-risk "pump and dump" schemes. ET matches every warning sign: anonymous team, massive supply, tiny volume, price manipulation across exchanges, identical marketing, zero utility. If you’re thinking of buying, ask yourself: who’s selling? And why?

There’s no legitimate reason to hold ET. No merchant accepts it. No wallet supports it as a payment option. No DeFi protocol lets you stake it. It doesn’t even have an NFT collection. It exists only as a trading symbol on shady exchanges. And when the pumps stop, the buyers get stuck with digital trash.

If you’re curious about meme coins, look at ones with real traction-like Dogecoin or Shiba Inu. They have communities, history, and sometimes even utility. ET? It’s a ghost town with a ticker symbol.

Why ET isn’t worth your time

• No team - Zero public founders, no LinkedIn profiles, no verified social accounts.
• No code - No GitHub repository. No smart contract audit. No technical documentation.
• No liquidity - $45 in daily volume? That’s a whisper. One whale can move the price 50% in minutes.
• No utility - Can’t pay for anything. Can’t stake it. Can’t use it in apps.
• Price fraud - 3 million percent gap between exchanges? That’s not market inefficiency. That’s data manipulation.
• Zero community - No forums, no Twitter threads, no Telegram groups with real activity.

What to do if you already own ET

If you bought ET and it’s sitting in your wallet, don’t wait for a miracle. The odds of it ever gaining real value are near zero. The best move is to sell-yes, even if you’re down. Holding it won’t make it real. It’ll just keep you tied to a dead asset.

Use a low-fee exchange like Phemex or MEXC to cash out. Transfer the funds to a stablecoin like USDT or USDC. Then walk away. Don’t chase the next pump. Don’t fall for the "it’s going to 1 cent" memes. That’s how people lose everything.

What to look for in a real meme coin

Not all meme coins are scams. Some have communities that actually build things. Here’s what separates the real from the fake:

• Public team - Names, photos, LinkedIn profiles. Real people you can find.
• Open source code - GitHub repo with commits, issues, pull requests.
• Active community - Thousands of posts on Reddit, Twitter, Discord.
• Real utility - NFTs, games, payment tools, staking rewards.
• Exchange listings - On Binance, Coinbase, or Kraken-not just obscure platforms.
• Transparent tokenomics - Clear breakdown of supply, burns, team allocations.

ET has none of these. It’s a name on a chart. That’s it.

Final warning

This isn’t a joke. People have lost life savings on coins like ET. The SEC doesn’t go after every scam-but they do go after the ones that hurt the most people. And ET? It’s built to hurt.

If you’re reading this because you’re thinking of investing, stop. Walk away. There are better ways to learn about crypto-without risking your money on a coin that doesn’t exist.