Trading platform Robinhood announces the listing of the $TRUMP meme coin for the amusement of meme coin fans and investors alike. Announcing the news via social media platform X (previously Twitter), the announcement has generated considerable enthusiasm in the crypto community.
Since launching on January 18, the $TRUMP coin has gone parabolic. On the first $0.18 opening price, the token has recorded a 10,000% increase within 24 hours, now being traded at $60. It is a blistering 20% price leap in just one day and secures it as one of, if not the, hottest asset in the entire crypto market.
Currently, the market cap of the $TRUMP coin is $11.88 billion, and there is a daily trading volume of $52.38 billion since yesterday, it has increased by 371.14% in 24 hours. Token’s launch comes as one of much speculation and interest, largely surrounding its ties to former U.S. President Donald Trump.
It also earned listings on major cryptocurrency exchanges like Binance, CoinSwitch, and Kraken, as well as Robinhood. It even fueled speculations that Coinbase might be adding the token to its platform soon giving it further reach and popularity.
