TRUMP surpasses $10B market cap in a day, listed on ChangeNOW and other exchanges for instant swap

TRUMP surpasses $10B market cap in a day, listed on ChangeNOW and other exchanges for instant swap

In an astonishing turn of events, the $TRUMP token, launched by President Donald Trump, skyrocketed to $33 within just 24 hours of its release, marking an incredible surge from its initial price of $0.18. Following an invitation from Trump for followers to claim their tokens within a 48-hour window, early investors saw substantial gains, with some turning as little as $1,000 into over $300,000 in mere minutes. The token is now trading at $27.27, which represents an impressive 320% increase, after the initial surge cooled off slightly. Additionally, $TRUMP has climbed the ranks to become the 28th largest token by market capitalization on CoinMarketCap.

Table of Contents

• TRUMP Expands Across 10+ Exchanges, With More Listings Ahead
• TRUMP Coin Extends the 2024 Meme Coin Trend
• Trump’s Crypto Stance

TRUMP Expands Across 10+ Exchanges, With More Listings Ahead

In a rapid expansion, $TRUMP is now listed on multiple major exchanges, both custodial and non-custodial. Bybit and BingX have added the token to their platforms, while ChangeNOW, a non-custodial exchange, also announced its listing on X. As of now, $TRUMP has already surpassed $9.6 billion in trading volume and is nearing a $6 billion market cap, with more exchange listings continuing to roll out at a fast pace.

Pauline Shangett, Chief Marketing Officer at ChangeNOW, shared her excitement:
“We’re thrilled to be one of the first exchanges to list $TRUMP. At ChangeNOW, we focus on providing easy access to trending and exciting assets, and $TRUMP is definitely one of those. Users can now seamlessly swap or buy $TRUMP with fiat directly on our platform.”

ChangeNOW supports over 1,200 cryptocurrencies and offers 500,000 exchange pairs, including popular pairs such as $TRUMP/USDT, $TRUMP/USDC, and $TRUMP/SOL. Fiat purchases are available in over 60 currencies, including USD and EUR, and users can pay using Visa or MasterCard. The addition of $TRUMP to such platforms has played a major role in driving the token’s popularity.

TRUMP Coin Extends the 2024 Meme Coin Trend

Meme coins have dominated the digital currency space in 2024, attracting attention from global investors and experiencing an impressive growth rate of 2,000%. The launch of $TRUMP has only intensified this trend. As $TRUMP surged, it also helped propel the Solana blockchain to new heights. Meanwhile, other popular meme coins, such as Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), have seen a decline. Dogecoin dropped by 8% in value, while SHIB and PEPE also experienced losses, down 6% and 5%, respectively, as $TRUMP’s rise continued to capture market attention.

Trump’s Crypto Stance

Trump’s positive stance toward cryptocurrency during his first term has set the stage for the launch of the $TRUMP token. Supporters of the token view it as an extension of his previous interest in digital assets, further fueling speculation that Trump may continue to focus on cryptocurrency and blockchain technology should he return to office.

While the $TRUMP token's rapid ascent has taken the crypto world by storm, it is important to note that the token operates in the volatile realm of meme coins, which, by nature, can lack intrinsic value and be subject to significant price swings. As with any investment, caution is advised, and potential investors should conduct their own research before making any decisions.

Disclaimer: This article is for educational purposes only and does not constitute investment advice.