Analysis
Coinbase Adds Donald Trump’s Official Memecoin to Listing Roadmap
Credit : dailyhodl.com
Prime US crypto trade platform Coinbase has added President Donald Trump’s official memecoin to its itemizing roadmap.
In a put up on the social media platform X, Coinbase announces the addition of Official Trump (TRUMP) – launched late final week – to his highway map.
The addition to Coinbase’s roadmap means the crypto trade is contemplating supporting the asset sooner or later. Coinbase makes use of the itemizing roadmap to stop insider buying and selling and foregrounding of tokens earlier than they’re listed on the trade.
TRUMP is buying and selling round $58.45 after a parabolic run-up since launch. Based on facts Based on CoinGecko, TRUMP’s absolutely diluted valuation (FDV) is round $68 billion simply days after its inception.
TRUMP launched on the Solana (SOL) blockchain and rapidly reached a market cap of virtually $3 billion, earlier than finally skyrocketing to round $14.5 billion. Trump will probably be inaugurated immediately because the nation’s forty seventh president and has promised to show the US right into a crypto-friendly nation that drives innovation throughout the trade.
Digital asset lovers are additionally betting that Trump will create a Bitcoin (BTC) reserve if he’s doubtless to take action forms one throughout his first 100 days on the crypto betting platform Polymarket is at 54% on the time of writing.
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Featured picture: Shutterstock/WWWoronin
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