Bithumb, South Korea’s second largest crypto exchange, has just announced that it will be launching the official Trump meme coin, $TRUMP (TRUMP), following a surge of demand in the crypto market. 😲
The crypto exchange is offering $TRUMP at a base price of 53,350 won (equal to around $37) for its Korean traders who are interested in investing in the U.S. President’s meme coin. 💰
The Solana-based meme coin will be available for trading on Bithumb starting from Jan. 21, 2025 at 19:00 KST. Traders can begin withdrawing or depositing the token one hour after the announcement was posted, at approximately 18:36 KST. So far, there are already a total of 20 deposit confirmations lodged into Bithumb for $TRUMP.
Despite its strong start, reaching more than $10 billion in market cap mere hours after its launch, the token’s market cap has slipped to $7.8 billion. However, it still ranks in number 28 on the crypto board by market cap. 📈
The official Trump meme coin has accumulated a trading volume of more than $19 billion in the past 24 hours of trading, with its price fluctuating between $31.58 and $58.55. The meme coin also has a fully diluted valuation of nearly $40 billion. 💸
So far, the Trump meme coin has been listed on several major crypto exchanges, including Coinbase, Binance, and Robinhood. Bithumb becomes the first South Korean crypto exchange to launch the official Trump meme coin. 🇰🇷
According to the Bithumb notice, buying and selling orders for the token will be restricted for 5 minutes at the beginning of trading, at prices less than -10% of the standard price and more than +100% of the standard price. Automatic orders will only be possible after the first transaction. 📉
Read More
- Ludus promo codes (April 2025)
- Cookie Run: Kingdom Topping Tart guide – delicious details
- Unleash the Ultimate Warrior: Top 10 Armor Sets in The First Berserker: Khazan
- Cookie Run Kingdom: Shadow Milk Cookie Toppings and Beascuits guide
- Grand Outlaws brings chaos, crime, and car chases as it soft launches on Android
- Grimguard Tactics tier list – Ranking the main classes
- Fortress Saga tier list – Ranking every hero
- Tap Force tier list of all characters that you can pick
- ZEREBRO/USD
- Val Kilmer Almost Passed on Iconic Role in Top Gun
2025-01-21 13:43