<img src="https://crypto.news/app/uploads/2024/01/crypto-news-Trump-criticizing-crypto-while-holding-an-nft-inside-Trump-Tower05.webp” />
In less than 24 hours since its launch, TRUMP, President Donald Trump's token, jumped to $33, a huge jump from its original price of $0.18, after Trump invited his supporters to secure their tokens before that the 48-hour claim period ended.
It is currently trading at $27.27, still up more than 320%, a slight cooldown after a massive surge that saw early buyers make huge profits, with some turning less than $1,000 into over $300,000. dollars in just a few minutes. The token has also moved up the ranks and is now ranked 28th on CoinMarketCap.
TRUMP Expands to 10+ Exchanges, with More Listings Ahead
Included on several major custodial platforms, such as Bybit and BingX, and non-custodial platforms, such as Change NOWwho announced the listing on
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter“/>
The crypto.news team quickly reached out to Pauline Shangett, CMO of ChangeNOW, for her thoughts and this is what she shared:
“We are excited to be one of the first bags to list TRUMP. At ChangeNOW, our goal is to make interesting and trendy assets easily accessible, and TRUMP is no exception. Users can now exchange it for crypto or buy it with fiat directly on our platform.“
Supports over 1,200 cryptocurrencies and 500,000 trading pairs, including TRIUMPH/USDT, TRIUMPH/USDCand TRIUMPH/SUNamong many others, exchanges on ChangeNOW take five minutes on average. Fiat purchases are available in over 60 currencies including EUR, USD, etc., with payment options such as Visa and MasterCard.
As TRUMP becomes more accessible to users, his popularity has taken off, but his structure and ownership remain key aspects to consider. The token has a total supply of 1 billion, of which 200 million will be launched initially and the rest will be distributed over the next three years. About 80% of the tokens are owned by CIC Digital LLC, a subsidiary of the Trump Organization, and Fight Fight Fight LLC, a newly founded company in Delaware.
TRUMP Coin extends 2024 meme coin trend
Meme coins have taken over the digital space in 2024, attracting significant attention from global investors and experiencing a massive 2000% overall growth. The release of TRUMP appears to extend this trend. As the TRUMP token soars, it is also propelling Solana, the blockchain it was launched on, to new heights. Meanwhile, other leading meme coins like Dogecoin are losing momentum. DOGE has fallen 8% since yesterday, while Shiba Inu (SHIB) and Pepe (PEPE) have also seen declines following TRUMP's rise on Friday. SHIB is down 6% on the day and Pepe is down 5%.
<h2 class="wp-block-heading" id="trumps-crypto-stance”>Trump's crypto stance
Donald Trump's pro-crypto stance during his first term has provided a backdrop for the launch of the $TRUMP token. His supporters see it as an extension of his interest in digital assets, which could signal a continued focus on cryptocurrencies when he returns to office.
Disclosure: This article does not represent investment advice. The content and materials appearing on this page are for educational purposes only.