Altcoins

$TRUMP Jumps Over 380%, Currently Trading at $0.28, Available on Major Exchanges Like ChangeNOW

$TRUMP Jumps Over 380%, Currently Trading at $0.28, Available on Major Exchanges Like ChangeNOW

Table of Contents

  1. The Origin of the $TRUMP Coin

Following the re-election of President Donald Trump, the $TRUMP meme coin made a splash in the market after its launch on Friday, December 17. The coin's value skyrocketed by 382% in just a day, with a trading volume reaching $9.5 billion, swiftly placing it at the 27th rank on CoinMarketCap.

The token has been listed on numerous prominent crypto exchanges, including the quick-acting ChangeNOW, which announced its listing via X.

ChangeNOW offers immediate access to $TRUMP for both exchange and fiat transactions. Some available trading pairs include $TRUMP/BTC, $TRUMP/$USDT, $TRUMP/$SOL, and $TRUMP/$DOGE, among hundreds of others.

This non-custodial service provides access to over 1,200 cryptocurrencies and more than 500,000 trading pairs, supporting purchases in upwards of 60 fiat currencies. It ensures transparent fees, with transactions typically completing in about 5 minutes, and permits crypto swaps starting at $2, with no maximum limit.

The Origin of the $TRUMP Coin

After winning the election, which propelled Bitcoin past the $100,000 threshold, President-elect Donald Trump introduced his own meme coin, $TRUMP. In a Truth Social post, he celebrated his victory and looked forward to his January 20, 2025 inauguration, calling it a testament to "WINNING." The coin, inspired by his famous slogan "Fight, Fight, Fight," which emerged after he survived an assassination attempt during a rally, symbolizes Trump's growing interest in the crypto world.

Developed on the Solana blockchain, the $TRUMP coin initially has a maximum supply of 200 million coins, with plans to expand to one billion over the coming three years. Its strong market presence has led to speculation that it could challenge Dogecoin's dominance in the meme coin arena.

Trump's foray into meme coins aligns with his previous ventures into NFTs and the launch of a cryptocurrency platform last year. As he prepares for his second term, Trump has pledged to promote crypto-friendly policies and plans to issue an executive order recognizing crypto as a "national imperative." His advisors are also exploring the possibility of relaxing regulations on crypto holdings for banks and corporations, reinforcing his vision as a "crypto president."

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Investment Disclaimer
Related Topics: 

Advertisement

You may like