In lower than 24 hours since launching, TRUMP, the token from President Donald Trump, jumped to $33, an enormous leap from its unique value of $0,18, after Trump invited followers to safe their tokens earlier than the 48-hour claiming window ended.
It’s at present buying and selling at $27,27, which continues to be over a 320% improve, a slight cool-off after a large surge that noticed early consumers make enormous beneficial properties, with some turning lower than $1,000 into over $300,000 in simply minutes. The token has additionally climbed the ranks, now sitting at twenty eighth place on CoinMarketCap.
Desk of Contents
TRUMP expands throughout 10+ exchanges, with extra listings forward
Listed on a number of main custodial platforms like Bybit and BingX, and non-custodial ones equivalent to ChangeNOW, who introduced the itemizing on X, TRUMP (TRUMP) has surpassed $9.6 billion in buying and selling quantity, with its market cap approaching $6 billion, with extra exchanges itemizing it each minute.
Maintain onto your toupees! @GetTrumpMemes is right here, and it’s YUGE! 🇺🇸
Born within the wild world of memecoins, @realDonaldTrump’s $TRUMP is all about daring statements and bigger-than-life strikes.
Able to make crypto nice once more? Get $TRUMP NOW!
🔗 https://t.co/9MReQgMSV5 pic.twitter.com/v9ioSgah5x— ChangeNOW (@ChangeNOW_io) January 18, 2025
The crypto.information group shortly reached out to Pauline Shangett, CMO at ChangeNOW, for her take, and right here’s what she shared:
“We’re excited to be one of many first exchanges to record TRUMP. At ChangeNOW, we’re all about making trending and thrilling belongings simply accessible, and TRUMP isn’t any exception. Customers can now swap it for crypto or purchase it with fiat instantly on our platform.”
Supporting over 1,200 cryptocurrencies and 500,000 change pairs, together with TRUMP/USDT, TRUMP/USDC, and TRUMP/SOL, amongst loads of others, swaps on ChangeNOW take 5 minutes on common. Fiat purchases can be found in 60+ currencies, together with EUR, USD, and so forth, with fee choices like Visa and MasterCard.
With TRUMP turning into extra accessible to customers, its recognition has taken off, however its construction and possession are nonetheless key facets to contemplate. The token has a complete provide of 1 billion, with 200 million launched initially and the remainder to be distributed over the following three years. Round 80% of the tokens are owned by CIC Digital LLC, a Trump Group subsidiary, and Struggle Struggle Struggle LLC, a newly based firm in Delaware.
TRUMP Coin prolongs the 2024 meme coin pattern
Meme cash have taken over the digital house in 2024, drawing important consideration from world traders and experiencing a large 2,000% total progress. The launch of TRUMP appears to increase this pattern. Because the TRUMP token soars, it’s additionally driving Solana, the blockchain it was launched on, to new heights. In the meantime, different main meme cash like Dogecoin are shedding momentum. DOGE has dropped 8% since yesterday, whereas Shiba Inu (SHIB) and Pepe (PEPE) have additionally seen declines following TRUMP’s surge on Friday. SHIB is down 6% on the day, and Pepe has fallen by 5%.
Trump’s crypto stance
Donald Trump’s pro-crypto stance throughout his first time period has supplied a backdrop for the launch of the $TRUMP token. Supporters view it as an extension of his curiosity in digital belongings, doubtlessly signaling continued give attention to cryptocurrency when he returns to workplace.
Disclosure: This text doesn’t characterize funding recommendation. The content material and supplies featured on this web page are for academic functions solely.
