TRUMP Coin Skyrockets 320% as President Donald Trump Invites Followers to Secure Their Tokens

In less than 24 hours since launching, TRUMP, the token from President Donald Trump, jumped to $33, a huge leap from its original price of $0

Launched on Friday, the TRUMP token from Donald Trump has soared over 320% in less than 24 hours, sparking a buying frenzy among early buyers who managed to buy the token for as little as $0.18, with some turning less than $1,000 into over $300,000 in just minutes.

It was trading at $33 at the time of writing, having soared from its original price of $0,18 after Trump invited followers to secure their tokens before the 48-hour claiming window ended. But it has since cooled off slightly, and is now trading at $27,27, which is still up over 320%.

TRUMP expands across 10+ exchanges, with more listings ahead

Listed on several major custodial platforms like Bybit and BingX, and non-custodial ones such as ChangeNOW, who announced the listing on X, TRUMP (TRUMP) has surpassed $9.6 billion in trading volume, with its market cap approaching $6 billion, and more exchanges listing it every minute.

The crypto.news team quickly reached out to Pauline Shangett, CMO at ChangeNOW, for her take, and here’s what she shared:

“We’re excited to be one of the first exchanges to list TRUMP. At ChangeNOW, we’re all about making trending and exciting assets easily accessible, and TRUMP is no exception. Users can now swap it for crypto or buy it with fiat directly on our platform.”

TRUMP Coin prolongs the 2024 meme coin trend

Meme coins have taken over the digital space in 2024, drawing significant attention from global investors and experiencing a massive 2,000% overall growth. The launch of TRUMP seems to extend this trend. As the TRUMP token soars, it’s also driving Solana, the blockchain it was launched on, to new heights. Meanwhile, other leading meme coins like Dogecoin are losing momentum. DOGE has dropped 8% since yesterday, while Shiba Inu (SHIB) and Pepe (PEPE) have also seen declines following TRUMP’s surge on Friday. SHIB is down 6% on the day, and Pepe has fallen by 5%.

The article contains important information about the TRUMP token, a new cryptocurrency launched by Donald Trump, and its rapid surge in value, driven by early buyers who bought the token for as little as $0.18 and managed to turn less than $1,000 into over $300,000 in just minutes. It also highlights TRUMP’s listing on several major exchanges, including Bybit, BingX, and ChangeNOW, and its soaring trading volume and market cap. Additionally, the article discusses the broader meme coin trend in 2024, which TRUMP’s token seems to be capitalizing on, while other meme coins like Dogecoin are losing steam.