TRUMP booms, debuts on exchanges like ChangeNOW and prepares for Coinbase and Binance listings

The TRUMP token, now recognized as the official meme coin of the 47th President of the United States Donald Trump, has become the talk of the town with its eye-popping market launch. 

Since late Friday, January 17, TRUMP has spiked over 11x, surpassed $14 billion in market capitalization, and secured a spot in CoinMarketCap’s top 20, overtaking established altcoins like Polkadot (DOT) and Litecoin (LTC).

At the time of writing, TRUMP's total trading volume is approaching $21 billion, as reported by CoinMarketCap. Impressed by the token’s astronomical two-day gains, investors have gravitated toward crypto exchange platforms like ChangeNOW, which has stayed ahead of the curve by adding TRUMP to its offerings. 

On ChangeNOW, which supports an array of over 500,000 trading pairs, the meme coin is accessible for fiat purchases and instant cross-chain swaps. Some of the most popular pairs include TRUMP/USDT, TRUMP/USDC, TRUMP/SOL, and TRUMP/MEW.

In addition to ChangeNOW, the token is available on other major exchanges, including Bitget, KuCoin, and Kraken. It is also listed on decentralized platforms like Raydium, Orca, and Meteora. 

Crypto giants Coinbase and Binance have also announced plans to list TRUMP, signaling strong support for the meme coin’s growth.

Coinbase revealed its plans to add the token via its Coinbase Assets X account on Sunday, although no specific timeline for the listing was provided. 

Meanwhile, Binance confirmed that trading for TRUMP will begin on January 19, joining other platforms where the token is already available.

However, earlier Trump-themed tokens have not fared as well. The Ethereum-based MAGA token, one of the first Political Finance (PolitiFi) tokens, experienced challenges in gaining traction on top exchanges. ByBit and OKX declined to list it, citing concerns about its politically charged nature, while Kraken did not respond to listing requests.

MAGA token prices have suffered, with its market cap plummeting from $158 million to $64 million over the weekend. After the launch of the official TRUMP token, MAGA’s price dropped sharply from $3.50 to $1.44. Still, the token has seen some recovery, climbing to $2.94, fueled by renewed interest in Trump-themed assets as the inauguration approaches.

With the official TRUMP token now supported by leading exchanges, it remains to be seen how the market will respond as the inauguration nears and PolitiFi tokens gain further attention.