Since its launch, the crypto world has been abuzz with the latest cryptocurrency: Trump Coin. But what exactly is the hype about, and is it a worthy investment? Let’s explore the first Presidential Meme coin—the Trump crypto coin.
What Is the Trump Coin?
The Trump coin is a meme coin launched by the 47th President-elect of America, Donald Trump, on January 18. This official Trump (＄TRUMP) launch coincides with his return to the white house. In less than 48 hours after its launch, the coin recorded an astounding 1000% increase in price, reaching a market cap of over $15 billion. As of the time of writing, the coin is worth $70.43.
The coin launch was organized by an affiliate of the Trump Organization, CIC Digital LLC, which previously handled the sale of Trump-branded perfumes and footwear. After the initial 200M coins in circulation, an additional 800M coins will be released in phases over the next three years.
Trump Coin Price Prediction
According to expert predictions, the trump meme coin price looks bullish, and price gains are likely to continue in the coming months. According to BTC Direct, the coin will likely experience steady gains until the end of the year, with further growth expected in 2026 and beyond. These predictions are, however, subject to market volatility.
How to Buy $TRUMP Coin?
Buying a Trump coin is the same as buying any other coin; so far, it is listed on your exchange. If not, you must create an account on a cryptocurrency exchange that has listed the coin. Deposit funds into your wallet, which you can use to buy Trump coins.
Currently, you can buy Trump coins on several centralized cryptocurrency exchanges. Additionally, report suggests that Coinbase and Binance are preparing to list the cryptocurrency.
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