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The crypto industry has lived up to the hype since POTUS entered the market. The Official Trump memecoin was the highlight of the weekend, and his wife, Melania, launched her memecoin days later.

The price of Trump’s token, $TRUMP, has surged as high as $70 with a market cap of over $15 billion. In fact, 801,000 wallets hold TRUMP already

My NEW Official Trump Meme is HERE! It’s time to celebrate everything we stand for: WINNING! Join my very special Trump Community. GET YOUR $TRUMP NOW. Go to https://t.co/GX3ZxT5xyq — Have Fun! pic.twitter.com/flIKYyfBrC

— Donald J. Trump (@realDonaldTrump) January 18, 2025

Exchanges that have listed TRUMP

Several centralized crypto exchanges are already listing the Official Trump token. According to CoinGecko, the token is already traded on Bitget, KuCoin, MEXC, BitMart, and Kraken.

As per the announcement on Bybit’s website, perpetual pre-market trading for the TRUMP/USDT pair commenced on January 18. On that note, Bybit clarified that the pre-market trading notice does not guarantee that the TRUMP/USDT pair will be available for derivative trading. 

The exchange reaffirmed that it will publish a distinct statement in the event of any changes to derivatives. 

On the same date, the Singapore-based Crypto.com exchange also notified its users of options to buy TRUMP tokens with USD, EUR, and about 20 other fiat currencies.

Adding to the excitement, Coinbase has also confirmed it will list TRUMP Coin, providing even broader exposure to retail and institutional investors alike. However, the exchange did not provide a sure timeline for listing.

Binance joined in on Sunday. The US-based electronic stocks and crypto trading platform Robinhood has also officially announced the token’s listing.

OFFICIAL TRUMP ($TRUMP) is now available to trade on Robinhood.

— Robinhood (@RobinhoodApp) January 20, 2025

ChangeNOW is also on board. The memecoin is accessible for fiat purchases and instant cross-chain swaps. Some of the most popular pairs include TRUMP/USDT, TRUMP/USDC, TRUMP/SOL, and TRUMP/MEW.

DJT’s token is also listed on decentralized platforms like Raydium, Orca, and Meteora. 

Kraken announced that MELANIA will be in post-only mode from 10:00 AM UTC. It will also be live for full trading as of 11:00 AM UTC today.

Bitget has announced the listing of the trending memecoin, Melania. Trading of MELANIA/USDT has started, with deposits open and withdrawals available from 21 January 2025.

Other exchanges that have listed MELANIA are Kucoin, MEXC, XT.com, Bitunix, OrangeX, HTX, Meteora, and Raydium.

Trump’s crypto history and what to expect

This is not the first time that Trump has gone into business with the crypto industry. He has previously had tokens themed around him and his presidential run. However, Trump’s tokens have not performed that well.

The MAGA token, which is based on Ethereum, encountered difficulties in acquiring traction on major exchanges. Kraken exchange, which has already embraced Trump’s memecoin, did not respond to listing requests. 

In addition, ByBit and OKX declined to list it due to concerns regarding its politically contentious nature.

The first Political Finance (PolitiFi) token, the MAGA token, experienced a decline from $158 million to $64 million over the weekend. MAGA’s price experienced a significant decline from $3.50 to $1.44. 

This was subsequent to the introduction of the official TRUMP token. The token has since posted a slight recovery to $2.94 based on renewed interest in Trump-themed assets.

In 2023, the president introduced non-fungible tokens (NFTs) through CIC Digital LLC, a company affiliated with the Trump Organization. On-chain data shows these NFTs have gained a second wind, with over 2,800 sales in the past 24 hours, totaling over 765 ETH ($2.5 million).

The memecoin has been the subject of criticism by market investors and critics arguing about CIC Digital’s control of 80% of the token supply.

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