$TRUMP Cryptocurrency Skyrockets Ahead of Trump's Inauguration, Listed on Coinbase

President-elect Donald Trump's newly launched cryptocurrency, $TRUMP, has created a massive stir in the crypto world, skyrocketing in value as his inauguration weekend approaches.

President-elect Donald Trump has announced the launch of his own cryptocurrency, named $TRUMP, which has seen a massive surge in value as his inauguration weekend approaches.

According to Fox Business, within 24 hours, the value of $TRUMP has skyrocketed from just a few cents to $33.87, marking an incredible gain of over 18,000%.

As the anticipation builds, Coinbase, one of the largest cryptocurrency exchanges in the U.S., has announced that it will be listing the $TRUMP coin. The announcement was made on social media and it has garnered mixed reactions.

Assets added to the roadmap today: Official Trump (TRUMP)https://t.co/rRB9d3hSr2

The launch of $TRUMP on the Solana blockchain has quickly become a trending topic, dominating social media platforms and sparking a whirlwind of debates, confusion, and FOMO (fear of missing out).

A visit to the $TRUMP website reveals that 80% of the coin is controlled by CIC Digital, an affiliate of the Trump Organization, along with a co-owned entity called Fight Fight Fight.

Interestingly, the meme coin’s release coincides with Trump's upcoming inauguration, which has further fueled speculation about the role the new administration will play in shaping the future of cryptocurrency.

According to reports, Trump is planning to issue executive orders related to Bitcoin and the broader crypto industry on his first day in office or shortly thereafter.

Throughout his campaign, one of the key points Trump emphasized was advocating for a more relaxed regulatory approach to digital currencies.

Moreover, Trump has discussed the possibility of creating a Bitcoin strategic reserve as part of his crypto policy.

As Trump prepares to assume office, the crypto world is keeping a close eye on how his policies may influence the future of digital assets. $TRUMP's dramatic launch is just the beginning, and many are eagerly watching to see what other developments unfold in the coming days.