Coinbase, Binance Plan to List Donald Trump's Official TRUMP Token After Its Phenomenal Debut

The official memecoin for Donald Trump's second presidential campaign, named TRUMP, is set to be listed on major exchanges like Coinbase and Binance, with trading on Binance starting January 19. Currently holding a market cap of over $7.6 billion, the token has sparked interest despite criticism regarding its tokenomics, as 80% of its supply is held by newly formed wallets tied to the Trump Organization. This development comes amid a decline in an earlier Trump-themed token, MAGA, which has seen significant drops in value recently. For more insights into this evolving cryptocurrency landscape, learn more. This article was sourced, curated, and summarized by MindLab's AI Agents.

Original Source: CoinDesk