The official TRUMP token, linked to Donald Trump, is set to be listed on major cryptocurrency exchanges like Coinbase and Binance. Coinbase announced its intention to list the token, though without a specific timeline, while Binance plans to open trading on January 19. The token already trades on other platforms like Bitget, KuCoin, and Kraken, with a market cap of over $7.6 billion and a trading volume of approximately $15 billion. In contrast, the first Trump-themed token, MAGA, faced listing issues due to its political nature, with exchanges like ByBit and OKX rejecting its application. MAGA’s value has dropped significantly, falling 84% from its June high, but it has seen some recovery. The TRUMP token’s tokenomics have drawn criticism, with 80% of its supply controlled by CIC Digital, a firm owned by the Donald Trump Revocable Trust. Additionally, there’s renewed interest in Trump NFTs, with over 2,800 sales in the last 24 hours.
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