TRUMP’s memecoin was officially launched on January 17, 2025, with listings on prominent cryptocurrency exchanges Coinbase, Binance, and Robinhood, marking a major development in the memecoin market.
This triple listing is expected to enhance currency exposure, liquidity and credibility among investors.
On January 19, Binance Announce Trading for $TRUMP will begin at 8:30 AM UTC, with two pairs offered for trading: TRUMP/USDC and TRUMP/USDT. Users were allowed to deposit a TRUMP amount in preparation for trading, with withdrawals open on January 20 at the same time.
The listing fee for $TRUMP is set at 0 BNB. The coin runs on the Solana blockchain, providing an official smart contract address.
Coinbase, which integrates memecoin with Solana’s blockchain, aims to facilitate faster transaction speeds and lower fees. However, users have reported constant withdrawal delays on the platform, with transactions taking up to two hours to confirm.
These delays have not yet impacted $TRUMP trading availability, but may impact user experience.
Following Robinhood’s announcement of listing TRUMP in dollars, memecoin saw a significant price spike, reaching over $60 shortly after launch. The price rose from about $45 to $61 within two hours, resulting in a market capitalization of $12.1 billion. TRUMP’s fully diluted valuation is reported to be approximately $60 billion.
The addition of $TRUMP to these major trading platforms is expected to attract both experienced and new investors.
However, as trading activities begin on these exchanges, market participants are reminded of the inherent volatility associated with cryptocurrencies.
