On January 20, 2025, Donald Trump officially returned to the White House and became the 47th President of the United States. However, on the eve of his inauguration ceremony, an unprecedented cryptocurrency storm has swept the globe. The incoming US President announced the issuance of his personal meme coin "$TRUMP" on his social media platform Truth Social on January 18th. Within just 24 hours, the price of the token skyrocketed from $0.18 to $77.24, a staggering 429 times increase.
Although the price subsequently fell back to the 15-20 dollar range, the emergence of Trump coins has brought a new perspective to the cryptocurrency market in 2025. So, where can we buy TRUMP coins? How to buy TRUMP coins? The following will explain in detail the whole teaching of Trump coin purchase.
The Origin and Background of Trump Coins
At 10:44 a.m. on January 18, 2025, the time of the Eastern Eighth District, Donald Trump, the then president of the United States, announced the launch of the official meme coin - Trump, which aims to provide a new way of participation for supporters by combining cultural symbols and community strength.
TRUMP coins are issued on the Solana blockchain, with a total supply of 1 billion, of which 20% are in circulation in the market, and the remaining 80% are held by Trump's affiliated companies, and are planned to be gradually released within three years.
Where can I buy TRUMP coins?
The popularity of TRUMP coin continues to soar, attracting a large number of investors' attention.
At present, TRUMP coin has been launched on multiple exchanges. If you want to trade, we recommend the following well-known exchanges:
Binance: The world's largest exchange with excellent liquidity.
OKX: Providing spot and leveraged trading, suitable for advanced investors.
Bybit: Excellent trading experience, suitable for beginners and short-term traders.
Bitget: Support multiple trading methods and list a large number of new currencies.
Investors can choose a suitable platform, register an account, complete identity verification, and store funds to trade TRUMP coins.
How to buy TRUMP coins? Trump coin purchase full teaching
If this is your first time purchasing TRUMP coins, please follow the steps below:
Binance
Binance Exchange is a world leading digital currency trading platform, where you can buy and sell BTC and other digital currencies on your mobile phone!
1. Register and log in to the exchange
Go to the Binance official website, register an account, and complete KYC authentication. You can refer to the tutorial.
2. Go to the trading page and search for 'TRUMP'
After completing the registration, open the Binance app (official download) and click on the search box above the "Market Trends";
Enter 'TRUMP' and select the TRUMP/USDT trading pair.
Click on 'Buy'
3. Set the purchase quantity and place an order
Market Order: Buy immediately at market price, suitable for beginners.
Limit Order: Set an ideal price and automatically buy when the market reaches the price.
4. Manage your assets after the transaction is completed
After the purchase is completed, you can choose:
Holding TRUMP coins: Keep them in the exchange and wait for the price to rise.
Transfer to Wallet: If it is a long-term investment, it can be transferred to a cold wallet or decentralized wallet such as MetaMask.
TRUMP coin issuance price, historical highest price, and latest price
Since its issuance, the price of TRUMP coin has shown significant fluctuations.
Initial release (January 17, 2025): priced at less than 2 cents.
Highest point (January 19, 2025): skyrocketed to $75, with a market value exceeding $14 billion.
Subsequently, it fell back: within 24 hours, it dropped by 75% to around $20.
At present, the market is still waiting to see if TRUMP coin will rebound again, or if it is just a short-term hype frenzy
Due to the significant volatility of TRUMP coin, it is recommended to refer to CoinMarketCap or real-time data from major exchanges for the latest price updates.
Can TRUMP coins still be bought now?
Before investing in TRUMP coin, the following factors should be considered:
Market trend: Prices fluctuate greatly, speculation is high, suitable for short-term traders but with extremely high risks.
Liquidity risk: Some holders hold a large amount of tokens, which may affect market prices.
Regulatory risk: TRUMP currency is associated with President Trump of the United States and may face regulatory review.
Investors are advised to carefully assess risks before entering the market and avoid blindly following trends.
What is Meme Coin?
Meme Coin refers to a cryptocurrency that has no practical application scenarios and is purely based on community consensus and topic speculation.
characteristic:
The price fluctuates violently, and may increase hundreds of times in the short term, but it may also quickly return to zero.
Highly influenced by the community, price changes are usually driven by celebrities or community topics.
Lack of fundamental support, unlike Bitcoin, Ethereum, and others that have practical applications.
Famous example of meme coins:
DOGE: Driven by Musk, its market value once exceeded $80 billion.
Shiba Inu Coin (SHIB): Highly popular in the community, it became a well-known meme coin after its price skyrocketed.
TRUMP currency: associated with President Trump of the United States, the market is extremely hot, but the risk is also huge.
Ranking of Meme Coins
The currently most valuable memes include:
Dogecoin (DOGE)
Shiba Inu Coin (SHIB)
PEPE coin
Floki Inu
TRUMP coin
Although the price of TRUMP coin has skyrocketed in the short term, it remains to be seen whether it can maintain its ranking in the long term.
conclusion
The launch of TRUMP coin has caused a huge stir in the market, but investors should carefully evaluate the risks.
Key Reminder:
The price fluctuation of TRUMP coin is severe, and the investment risk is extremely high.
The cryptocurrency market is easily influenced by speculation and should be wary of the phenomenon of "passing the buck".
Long term investment needs to consider regulatory risks and market trends, and should not blindly pursue high prices.
原创文章,作者:btc,如若转载,请注明出处:https://www.xf1233.com/a/283