The largest crypto exchange, Binance has announced to launch a perpetual contract for Donald Trump’s newly launched TRUMP memecoin. With the announcement, Binance has become the first major crypto exchange to enable perpetual trading for TRUMP memecoin.
As per the official announcement, Binance Futures will be opening TRUMPUSDT perpetual contract trading on 18th January 13:00 UTC. These contracts will allow traders to use up to 25X leverage to speculate on TRUMP price.
Launched early morning on 18th January, TRUMP has shook the crypto community with it rising from merely a few cents to the whopping price mark of $23 – marking gain of over 13,000 within hours.
As of latest market data from DexScreener, TRUMP is currently trading near $23.40 and it has accumulated a market cap of over $22 billion. As millions of investors are constantly trading TRUMP memecoin since past few hours, its price is witnessing massive volatility.
Announced directly by Donald Trump’s official TruthSocial profile, TRUMP memecoin has now become one of the largest memecoin and its price is increasing tremendously.
Read: TRUMP Memecoin Becomes Internet Top Trendsetter Within Hours
