Robinhood Lists $TRUMP Memecoin

Key Points

  • Since its January 18 launch, TRUMP is up by over 800%.
  • The memecoin surpassed $15 billion in market cap one day after launch.

Today, Robinhood listed the OFFICIAL TRUMP memecoin, following its Binance listing on January 19. On January 18, Donald Trump announced his memecoin launch called “the hottest digital meme on Earth” by his son, Eric Trump. The memecoin is currently up by more than 800% since its launch.

Robinhood Lists TRUMP

Earlier today, Robinhood included the TRUMP memecoin in its list of supported digital assets. On its official platform, Robinhood notes that TRUMP is tradable in-app and on the classic web with market-maker routing.

Today’s listing comes after Binance also listed the memecoin on January 19.

Binance Listed TRUMP

Yesterday morning, Binance announced the listing of TRUMP memecoin with Seed Tag applied. Trading was open at 08:30 (UTC) for the following pairs:

According to Binance’s official announcement, withdrawals for TRUMP open today at 08:30 (UTC). Also, the memecoin was listed with Seed Tag applied, meaning that the project is a new one and might exhibit higher volatility, and users are advised to DYOR before investing.

TRUMP’s Price Trajectory

Today, TRUMP price is up by over 31%, trading above $60 and having a market cap of over $12.1 billion.

TRUMP price in USD today
TRUMP price in USD today

One day after its listing, TRUMP reached a price above $74 and a market cap above $15 billion, marking its ATH.

What is TRUMP?

The memecoin was launched on January 18 by US President Donald Trump and saw an exponential surge in its market cap.

Trump announced his new memecoin, OFFICIAL TRUMP (TRUMP) on January 18 in a post via X.

Trump via X
Trump via X

Trump also shared a post from his son Eric Trump who said that he was extremely proud of what they continue to accomplish in crypto.

He called the TRUMP memecoin “the hottest digital meme on Earth”, also highlighting that their family crypto project World Liberty Financial will revolutionize DeFi and CeFi and will be the future of finance.

BBC also reported on the newly-launched memecoin, highlighting that by Saturday afternoon, a few hours after its launch, the market cap of TRUMP reached almost $5.5 billion.

The venture was co-ordinated by CIC Digital LLC, an affiliate of the Trump Organization, which has previously sold Trump-branded shoes and fragrances. CIC Digital LLC and Fight Fight LLC, a company formed in Delaware earlier this month, reportedly own 80% of the tokens.

According to the coin’s official website, 200 million of the digital tokens have been issued and another 800 million will be released in the next three years.

TRUMP is built on the Solana blockchain.

Today, Donald Trump’s administration will officially debut in the US.

Related Posts

TRUMP token volatility not problematic as regulators ‘blessed gamification of markets,’ Bitwise says

A Bitwise executive views the TRUMP coin as a bet on cultural capital and volatility, demonstrating how meme coins thrive beyond financial metrics. The hype around meme coins like Official…

An Ethereum-based bridge protocol will sponsor Donald Trump’s inauguration speech

Cross-chain Ethereum-based protocol Orbiter Finance announced it will be sponsoring Donald Trump’s inauguration speech, alongside the airdrop of its new governance token. According to data from Etherscan, Orbiter Finance has…

Leave a Reply

Your email address will not be published. Required fields are marked *