Kraken, a major US-based crypto exchange, has listed the Solana-based meme coin called Official Trump (TRUMP), making it the first exchange to do so. The token, launched by Donald Trump, saw a 35% decline in value as it hit Kraken. Despite this, it experienced a surge of over 120,000% and surpassed GameStop's market cap. Trump hyped the token as a rallying point for his movement and described it as a token for those who don't back down. Other exchanges, both centralized and decentralized, have also listed TRUMP for trading. Trump's involvement in the crypto space began with his promise to make America the "crypto capital of the planet."
Content Editor ( cryptopolitan.com )
- 2025-01-19
Kraken becomes first US crypto exchange to list TRUMP meme coin as it declines by 35%
