Trump-Backed $TRUMP Coin Soars to $7 Billion Market Cap in a Single Day

Trump-Backed $TRUMP Coin Soars to $7 Billion Market Cap in a Single Day

Re-elected President Donald Trump launched the TRUMP meme coin on Friday, December 17, and it has formerly been added to several major crypto exchanges, including ChangeNOW, whose table advertisement was participated on X, offering the commemorative for exchange and edict purchase right down. Since its debut, the coin has fleetly gained traction, soaring to a request cap of nearly 7 billion. In just 24 hours, it saw a 382 increase, with 9,5 billion in diurnal trading volume, and has formerly secured the 27th spot on CoinMarketCap.$ TRUMP Jumps to 27th on CoinMarketCap with a 380 Surge, Listed on ChangeNOW in Record Time

TRUMP Coin How It Came to Be:
Following his election palm, which saw Bitcoin soar past 100,000, President-elect Donald Trump has blazoned the launch of his own meme coin,$ TRUMP. In a Truth Social post, Trump celebrated” WINNING” the presidential election and his forthcoming induction on January 20, 2025. The coin, inspired by his notorious “ Fight, Fight, Fight ” watchword, which was born after he survived an assassination attempt during a crusade rally, is part of Trump’s growing involvement in the crypto world.

Developed by Solana,$ TRUMP has a force cap of 200 million coins at launch, with plans to expand to 1 billion over the coming three times. The coin is formerly creating swells, with numerous assuming that it could challenge Dogecoin’s dominance in the meme coin space.

Trump’s move into meme coins isn’t a huge surprise, considering his former gambles into NFTs and the launch of a crypto platform last time. He intends to push forward crypto-friendly programs in his alternate term and plans to issue an administrative order after his induction, declaring crypto a “ public imperative. ” counsels have suggested an administrative order to ease regulations on companies and banks holding cryptocurrency, further cementing Trump’s position as a “ crypto chairman. ”

Further About ChangeNOW:
ChangeNOW is an on-custodial crypto exchange where druggies can buy, vend, and exchange crypto snappily and fluently, with sequestration and control over their finances. It lists over 1,200 cryptocurrencies and over 500,000 exchange dyads, with support for purchases in over 60 edict currencies. The platform offers predictable freights shown outspoken, while the average exchange time is around 5 twinkles. There’s no upper limit on how important crypto can be shifted, starting from as little as 2. ChangeNOW also offers an ecosystem of products, including the Here and Now portmanteau crypto portmanteau and NOW Tracker portfolio tracking app just to name a few. Available on mobile and desktop bias, it supports 16 languages and provides 24/7 client support.

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