$TRUMP Token Outcompetes Dogecoin, Secures 4th Place in Derivatives Trading with $29.5B

In a landmark development in the crypto sector, the $TRUMP token has outcompeted Dogecoin. The Fully Diluted Value (FDV) of $TRUMP has eventually surpassed

The $TRUMP token has seen a remarkable increase in its Fully Diluted Value (FDV), now surpassing the well-known meme token $DOGE. According to the latest data, $TRUMP's FDV has reached $62 billion, while $DOGE's FDV stands at $55 billion. This development marks a significant achievement for $TRUMP, showcasing its remarkable market traction.

The crypto token is rapidly gaining massive community backing. By surpassing the long-standing dominating memecoins $SHIB and $DOGE, it has grasped the attention of the overall crypto market. This has also triggered comparisons between $TRUMP and other altcoins, in line with its active trading and high liquidity.

Furthermore, the $TRUMP derivatives have also made considerable progress following their listing on the notable crypto exchanges such as Bitget, Bybit, and Binance. These listings have substantially contributed to the wider adoption of the crypto token. Apart from that, the prevailing campaigns on the social media and a surging hype around $TRUMP have also been quite supportive. As a result of this, the utility of the crypto token has also increased in the crypto market.

$TRUMP Secures 4th Place in Derivatives Trading with $29.5B

The $TRUMP token's spike parallels with a noteworthy trading activity in the derivatives sector. As per the data provided by Coinglass, $TRUMP’s derivatives have raised the token’s value to $29.5B within twenty-four hours of their launch. Based on this, TRUMP coin has now become the top 4th most traded asset worldwide. Above it, the top assets include $BTC, $ETH, and $SOL at $69.7B, $47.1B, and $42.4B respectively.

Binance Dominates Exchanges in TRUMP Coin Derivatives Trading with $13.3B

Moreover, in terms of exchange, Binance is the dominant platform for the trading of $TRUMP derivatives. According to Coinglass’ data, it accounts for a massive $13.3B of the cumulative volume while Bybit, Bitget, Gate.io, and OKX come after it. They account for $5.2B, $1.72B, $882M, and $716M respectively. Additionally, as Ash Crypto puts it, beating $DOGE and securing 4th rank in derivatives trading in a short period highlights $TRUMP’s potential for further landmark developments.