The post Trump Meme Coin Secures Major Exchange Listings: Can it Overtake Bitcoin? appeared on BitcoinEthereumNews.com.

Official Trump (TRUMP) Meme Coin has declined by 12% in the past 24 hours. It slipped to $52.61 after a massive opening weekend in which it rose by as much as 1,600%. Incoming US President Donald Trump has released TRUMP via a subsidiary of his own Trump Organization. That makes it an official token in a sea of unofficial pretenders. Despite launching recently on Friday, TRUMP has already secured a listing on major exchanges such as Kraken, OKX, Bitget, and KuCoin. That helped it propel itself to 21st in the cryptocurrency market in terms of capitalization. More listings are likely to follow, TRUMP may reach new highs very soon. Let’s take a closer look at how the coin might perform going forward.  Trump Coin Secures Major Exchange Listings – Can it Overtake Bitcoin? Donald Trump has released his very own token via CIC Digital LLC. It is a Trump Organization affiliate that has previously launched other Trump merchandise. Launched via X and TruthSocial, Trump described the coin as a chance to “celebrate everything we stand for: WINNING.” – Advertisement – My NEW Official Trump Meme is HERE! It’s time to celebrate everything we stand for: WINNING! Join my very special Trump Community. GET YOUR $TRUMP NOW. Go to https://t.co/GX3ZxT5xyq — Have Fun! pic.twitter.com/flIKYyfBrC — Donald J. Trump (@realDonaldTrump) January 18, 2025 Besides, anyone who was able to secure TRUMP early enough has certainly won some serious gains. The coin is still 1,150% up from its lowest-recorded price on CoinGecko. Looking at its 45-minute chart, the Solana-based meme token has lost momentum in the past few hours. It is perhaps not surprising, especially how much the market overbought it over the weekend. Moreover, it seems that the coin could fall further before facing a support level. If we treat this alt…

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Filed under: News - @ January 21, 2025 1:25 pm