Robinhood provides $TRUMP coin: value reaches $59 after 26% soar

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  • With Robinhood itemizing on $TRUMP, the worth shortly rose to over $60.
  • World Liberty Monetary’s token gross sales surged in response to robust market demand.
  • $TRUMP value volatility reached a excessive of $70 after which fell to $59.20.

The newly launched Trump Official ($TRUMP) meme coin soared, crossing the $60 mark after settling at $59.19, reflecting a 26.67% rise over the previous 24 hours. This surge follows Robinhood’s announcement that it’s going to add $TRUMP to its record of cryptocurrencies.

Robinhood confirmed the addition of $TRUMP through a put up on X (previously Twitter) simply days after the coin was launched by President-elect Donald Trump.

This announcement spurred a rise in buying and selling exercise, boosting the memecoin’s profile and market demand.

$TRUMP was within the highlight even earlier than Robinhood went public, however this information additional boosts its presence out there. Traders are capitalizing on the rising recognition and affiliation with the Trump model.

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Melania Trump’s $MELANIA joins the scene

Whereas $TRUMP has been within the public eye, Melania Trump’s meme coin $MELANIA has additionally joined the crypto area. A number of main exchanges have listed $MELANIA, together with Gate.io, Bitget, BingX, and MEXC, highlighting the robust market curiosity in each tokens.

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Moreover, World Liberty Monetary (WLF), a DeFi undertaking carefully related to the Trump title, noticed robust gross sales of its governance tokens. As of January 18, 2025, WLF has offered 20% of its 100 billion token provide and opened an extra 5% to fulfill elevated demand.

TRUMP token market developments

On the time of writing, $TRUMP’s market capitalization is $11.83 billion, with 24-hour buying and selling quantity growing by 355.56% to $52.54 billion.

The token’s value chart reveals a pointy upward development, peaking at $70 on January 20, 2025 at round 8:00 AM, after which stabilizing at $59.20.

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