{
  "release": "coin-fundamentals-source-review-20260927-3.0",
  "reviewed_at_utc": "2026-09-27T03:59:28.770Z",
  "price_cutoff_utc": "2026-09-26",
  "symbol": "TRUMP",
  "project": "Official Trump Meme",
  "documented_mechanism": "Issuer describes TRUMP as a tradable cultural/meme asset and community expression; it does not promise operating cash flow to ordinary holders.",
  "holder_rights_boundary": "A TRUMP holder is not granted equity, revenue rights or an issuer obligation to support the trading price.",
  "official_distribution": "One billion total, 200 million available on day one; the issuer says affiliated entities held 80% under a multi-year release schedule. Eligibility is not an observed sale.",
  "operating_status": "no_verifiable_recurring_product_usage_or_tokenholder_revenue",
  "operating_observation": null,
  "token_capture_observation": null,
  "missing_series": [
    "Affiliated wallets matched to issuer vesting and actual exchange deposits",
    "Repeat unique holders after excluding sybil/custody wallets",
    "Dated net market-maker and issuer inventory changes"
  ],
  "supply_estimate": {
    "provider": "CoinGecko",
    "provider_updated_at_utc": "2026-09-27T03:57:30.000Z",
    "circulating": 281867936.287634,
    "total": 1000000000,
    "max": 1000000000,
    "market_cap_usd": 590194771,
    "fdv_usd": 2093869842
  },
  "sources": [
    {
      "name": "Issuer official asset and allocation page",
      "url": "https://gettrumpmemes.com/"
    },
    {
      "name": "Issuer terms and disclosures",
      "url": "https://gettrumpmemes.com/terms"
    }
  ],
  "interpretation": "Documented token mechanism, circulating supply estimate, project operating activity, and passive holder economic capture are distinct. Null means not verified, never zero."
}