$TRUMP Coin Soars 380% in 24 Hours – Is This the Next Big Meme Coin?

Donald Trump’s meme coin, launched by re-elected President Donald Trump on December 17, has rapidly gained popularity, reaching a market capitalization close to $7 billion. In just 24 hours, the token skyrocketed by an impressive 382%, generating a massive $9.5 billion in daily trading volume. This rapid growth has already placed it at number 27 on CoinMarketCap’s rankings.

The coin is now available for trading on various prominent cryptocurrency platforms that closely follow market trends, including the fast and convenient exchange platform ChangeNOW, which made its listing public on X.

With ChangeNOW, you can quickly acquire $TRUMP tokens through either exchanges or fiat transactions. Some of the exchange options you’ll find are $TRUMP/BTC, $TRUMP/$USDT, $TRUMP/$SOL, and $TRUMP/$DOGE, with hundreds more to select from.

On this decentralized service, you can easily access more than 1,200 different cryptocurrencies and over half a million exchange combinations. This platform supports transactions in over 60 international currencies. It provides clear pricing details, and exchanges typically take about 5 minutes to complete. Minimum crypto swaps start from $2, with no maximum limit set.

$TRUMP Coin: How It Came to Be

As President-elect Donald Trump’s election victory catapulted Bitcoin above $100,000, I eagerly watched his announcement of his very own meme coin, $TRUMP. On Truth Social, he rejoiced over his presidential win and impending inauguration on January 20, 2025, hailing it as a testament to “WINNING.” Inspired by his legendary “Fight, Fight, Fight” rally cry, born from surviving an assassination attempt, this coin signifies Trump’s growing engagement within the crypto market.

The TRUMP token, created using the Solana blockchain platform, sets an initial limit of 200 million tokens, aiming to expand to a billion tokens over the next three years. Already, it’s creating quite a stir and has sparked discussions about its potential to compete with Dogecoin‘s dominance in the meme coin market.

Trump’s foray into meme coins follows his previous steps in the NFT realm and last year’s launch of a cryptocurrency platform. As he looks towards a potential second term, Trump has pledged to foster pro-cryptocurrency policies and is planning to sign an executive order that labels crypto as a “national priority.” Additionally, his advisors are contemplating lessening the regulatory burden on crypto holdings by banks and corporations, thereby strengthening his image as a “crypto leader.

Read More

2025-01-19 00:17