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Wednesday, January 22, 2025
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    HomeAll CoinsBlockchainRobinhood Provides $TRUMP Coin: Worth Hits $59 After 26% Surge

    Robinhood Provides $TRUMP Coin: Worth Hits $59 After 26% Surge

    • Robinhood's itemizing of $TRUMP fueled its fast value rise to over $60.
    • World Liberty Monetary’s token gross sales surged, assembly sturdy market demand.
    • $TRUMP value volatility reached a excessive of $70 earlier than retracting to $59.20.

    The newly launched official Trump memecoin ($TRUMP) surged, crossing the $60 mark earlier than settling at $59.19, reflecting a 26.67% improve over the previous 24 hours. This spike follows Robinhood's announcement that it was including $TRUMP to its cryptocurrency listings.

    Robinhood confirmed the addition of $TRUMP by way of a submit on X (previously Twitter), simply days after US President-elect Donald Trump launched the coin.

    The announcement spurred elevated buying and selling exercise, growing memecoin visibility and market demand.

    Even earlier than the Robinhood itemizing, $TRUMP was gaining floor, however the information amplified its presence out there. Buyers are capitalizing on his rising reputation and affiliation with the Trump model.

    Associated: Official TRUMP (TRUMP) Worth Prediction 2025-2030: Will TRUMP Worth Hit $150 Quickly?

    $MELANIA by Melania Trump joins the stage

    Whereas $TRUMP has gained public consideration, Melania Trump's memecoin, $MELANIA, has additionally joined the crypto area. A number of main exchanges, together with Gate.io, Bitget, BingX and MEXC, have listed $MELANIA, highlighting the sturdy market curiosity in each tokens.

    See also  Ether Value Charts Mirror Weak point, However Inflow into LSDFi May Forestall an ETH Selloff

    Moreover, the DeFi challenge World Liberty Monetary (WLF), intently linked to the Trump identify, noticed sturdy gross sales of governance tokens. As of January 18, 2025, WLF has bought 20% of its 100 billion token provide and opened a further 5% to satisfy rising demand.

    TRUMP Token Market Dynamics

    On the time of writing, $TRUMP's market cap stands at $11.83 billion, with 24-hour buying and selling quantity up 355.56% to $52.54 billion.

    The token's value chart reveals sturdy upward actions, peaking at $70 earlier than stabilizing at $59.20 round 8:00 a.m. on January 20, 2025.

    Associated:Melania Trump Launches $245 Mom’s Day Necklace With Restricted-Version NFT

    Disclaimer: The data offered on this article is for informational and academic functions solely. The article doesn’t represent monetary recommendation or recommendation of any type. Coin Version will not be liable for any losses arising from using the content material, services or products talked about. Readers are suggested to train warning earlier than taking any motion associated to the corporate.

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