Robinhood has listed a Donald Trump-themed meme coin, named
TRUMP, on its spot buying and selling platform. This token operates on the Solana
blockchain. The present value of TRUMP is $58.9, marking a 43% improve within the
previous 24 hours.
In the meantime eToro has added Official Trump ($TRUMP) to its
experimental class. This token was launched two days earlier than the forty seventh US
President’s inauguration. Nonetheless, $TRUMP is at the moment unavailable for customers in
the UAE, Germany, and the USA.
Robinhood Provides TRUMP, Sparks Crypto Debate
The inclusion of TRUMP on Robinhood alerts a rising
acceptance of meme cash in mainstream buying and selling. This improvement has sparked
discussions inside the crypto group concerning the function of such tokens in
the evolving market. Robinhood introduced this addition on January 20, aiming to
diversify its cryptocurrency choices.
Breaking Information: $TRUMP has been listed on RobinhoodThis is YUGE information…will Coinbase be subsequent?Sources are saying workforce Trump was shopping for the dip and @EricTrump is extraordinarily bullish going into the inauguration ATH incoming 📈 pic.twitter.com/oldC5oa0ZW
— john carney (@johncarney_) January 20, 2025
TRUMP Launch Causes Solana Blockchain Congestion
The launch of TRUMP has led to elevated exercise on the
Solana blockchain, inflicting important community congestion. Many customers have
skilled delays and transaction failures. This congestion has additionally impacted
centralized exchanges like Binance, Robinhood, and Coinbase, elevating issues
about Solana’s scalability.
Builders and validators are actively working to handle
these points. Groups like Anza are specializing in bettering the community’s
infrastructure to higher handle such excessive ranges of exercise.
My NEW Official Trump Meme is HERE! It’s time to have a good time every part we stand for: WINNING! Be a part of my very particular Trump Neighborhood. GET YOUR $TRUMP NOW. Go to — Have Enjoyable! pic.twitter.com/flIKYyfBrC
— Donald J. Trump (@realDonaldTrump) January 18, 2025
Trump Introduces $TRUMP Coin, Market Reacts
Donald
Trump has elevated his involvement within the cryptocurrency area forward of his
January 20 inauguration by launching a memecoin, $TRUMP. Finance Magnates reported that the
coin’s value rapidly surged from a couple of cents to $14, sparking blended reactions
amongst merchants and analysts concerning its legitimacy and affect on the crypto
business.
Trump made the announcement by way of his official Fact Social
and X accounts, confirming the coin’s connection to him. The launch was
described as a symbolic gesture reflecting his beliefs and management, although
the coin’s official website clarifies it’s not supposed as a monetary
instrument.
This text was written by Tareq Sikder at www.financemagnates.com.
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