The Official Trump token ($TRUMP) has officially hit the market, listing on top cryptocurrency exchanges Binance and CoinSwitch in a move that’s generating massive buzz within the crypto community.
The Trump Coin, dubbed the “official Trump meme,” has taken the cryptocurrency world by storm. After listing its trading pairs, TRUMP/USDC and TRUMP/USDT, on Binance on January 19, 2025, the coin’s value skyrocketed. Speculation is rife that it may soon be listed on Coinbase, adding fuel to the fire.
In under two days, $TRUMP has catapulted to the top of the meme coin hierarchy, surpassing big players like $PEPE, $SHIB, and $DOGE. Its market cap has reached a staggering $14 billion, with a 24-hour trading volume of $20.92 billion. On January 19, the token’s price surged by 224.83%, hitting $70.02.
🚨$TRUMP is now on CoinSwitch🚨 https://t.co/tD2ftosTEf
— CoinSwitch: India’s Simplest Crypto App 🚀 (@CoinSwitch) January 19, 2025
However, Binance has cautioned users about the potential risks of trading $TRUMP, citing its volatility as an early-stage asset. Despite this, Binance has waived listing fees for $TRUMP, acknowledging its novelty and innovation. The token comes with a “Seed Tag” warning of its high-risk nature.
To mitigate risks, Binance requires users to take a quiz every 90 days to ensure they understand the risks involved. Meanwhile, enthusiastic traders can leverage Spot Algo Orders, trading bots, and Spot Copy Trading on Binance, with more options becoming available in the next 24 hours.
The combination of speculation and potential Coinbase listing has driven $TRUMP’s prices to unprecedented heights. As its market cap surges and community grows, it’s uncertain whether the token will maintain its momentum on major exchanges.
