In the ever - evolving landscape of cryptocurrency,What will a Tether be worth in 10 years? the listing of TRUMP Coin on Binance has sent ripples through the market. This article delves into what you need to know about this significant event and why it's crucial to secure your Ethereum wallet now.
The Official Trump (TRUMP) is a cryptocurrency project associated with former US President Donald Trump. It's a meme coin that was launched around six months ago. Since its launch, it has made quite an impact on the crypto scene. According to Reuters, at least 10 major crypto exchanges, including Binance, Coinbase, and OKX, have listed TRUMP Coin, and it has generated approximately $172 million in trading fees for these exchanges.
As of July 15, 2025, the current price of TRUMP Coin stands at $9.425224, with a 24 - hour trading volume of $316 million. The 24 - hour turnover rate is 16.77%, and it has seen a 2.67% increase in the past 24 hours. What's remarkable is that crypto exchanges listed TRUMP Coin on average just 4 days after its launch, while other major meme coins typically take 129 days to get listed.
FAQ: What makes TRUMP Coin different from other meme coins?TRUMP Coin has gained significant attention due to its association with a well - known political figure. Also, its rapid listing on major exchanges and the large trading volume it has generated are notable differences compared to many other meme coins.
Binance, one of the world's largest cryptocurrency exchanges, listing TRUMP Coin is a major event. It brings more visibility and liquidity to the coin. Binance's decision to list a coin often influences the market sentiment, and in the case of TRUMP Coin, it could attract more investors, both retail and institutional.
However, it's important to note that Binance doesn't support the US market. Despite this, the listing on Binance can still have a global impact as it is a major player in the crypto trading space. The listing also adds credibility to TRUMP Coin in the eyes of some investors, but it's essential to conduct thorough due diligence (DYOR) before investing.
FAQ: Does Binance's listing mean TRUMP Coin is a safe investment?No, Binance's listing only indicates that the coin meets certain criteria set by the exchange. It doesn't guarantee the safety or profitability of an investment. Cryptocurrency investments are highly volatile and risky, and you should always do your own research before investing.
According to the “GetTrumpMemes.com” website, the initial purchase of TRUMP Coin can be made through Moonshot. It supports traditional payment methods like Apple Pay, Visa, Mastercard, Venmo, as well as cryptocurrency payments such as USDC and SOL. Now that the coin has a public contract address and the on - chain pool has reached a size of $17.7 million, users can also buy it directly on the blockchain.
However, TRUMP Coin has faced some challenges. In April 2025, it was set to have a large - scale token unlock. Around 40 million tokens were to be unlocked on April 18, with the project team getting tokens worth about $320 million, which was around 20% of the circulating supply. If these unlocked tokens were sold on the open market, it could have led to an imbalance in the supply - to - liquidity ratio and put downward pressure on the price. Since its launch in January 2025, the price of TRUMP Coin has seen significant fluctuations, and the number of token holders has also decreased.
FAQ: How can I buy TRUMP Coin?You can buy TRUMP Coin through exchanges like Binance. You first need to create an account on the exchange, complete the necessary verification process, deposit funds (either traditional currency or other cryptocurrencies), and then place an order to buy TRUMP Coin.
In the context of the cryptocurrency market, especially with the increased activity around TRUMP Coin and other coins, it's crucial to secure your Ethereum wallet. Ethereum is a major blockchain platform, and many cryptocurrencies, including some that might be related to or influenced by the trends around TRUMP Coin, operate on the Ethereum network.
To secure your Ethereum wallet, you should use a reputable wallet provider. Hardware wallets are often considered the most secure option as they store your private keys offline, away from potential online threats. You should also enable two - factor authentication (2FA) on your wallet. This adds an extra layer of security by requiring a second verification step, such as a code sent to your mobile phone, when you access your wallet.
Regularly update your wallet software to ensure you have the latest security patches. Be cautious of phishing attempts, such as fake wallet apps or websites that try to steal your private keys. Always double - check the URLs of the websites you visit and the apps you download.
FAQ: What should I do if I suspect my Ethereum wallet has been compromised?If you suspect your wallet has been compromised, immediately stop using it. Contact the wallet provider's support team and follow their instructions. You may also want to transfer any remaining funds to a new, secure wallet.
The listing of TRUMP Coin on Binance could potentially lead to more price volatility. On one hand, the increased visibility and liquidity from the listing might attract more buyers, driving the price up. On the other hand, the large - scale token unlocks and the overall volatility of the cryptocurrency market pose risks. If a large number of token holders decide to sell their coins, it could cause a significant price drop.
From a macro - economic perspective, factors such as the Federal Reserve's interest rate decisions and inflation (CPI data) can also impact the cryptocurrency market. Higher interest rates might make traditional investments more attractive compared to cryptocurrencies, leading to a decrease in demand.
Chain - level data, such as the net flow of coins on exchanges and changes in whale addresses, can provide insights into market trends. If there is a large net outflow of TRUMP Coin from exchanges, it could indicate that investors are holding onto the coins in anticipation of price increases. Conversely, a large net inflow could suggest selling pressure.
Community sentiment, as reflected on platforms like Discord and Twitter, can also influence the market. Positive sentiment can attract more investors, while negative sentiment can lead to a sell - off.
FAQ: What are the main risks of investing in TRUMP Coin?The main risks include price volatility, regulatory uncertainty, potential large - scale token unlocks leading to oversupply, and the overall unpredictability of the cryptocurrency market. Additionally, the coin's association with a political figure could also lead to regulatory or reputational risks.
In conclusion, the listing of TRUMP Coin on Binance is a significant event in the cryptocurrency world. It offers new opportunities for investors but also comes with risks. As an investor, it's crucial to stay informed, conduct thorough research, and take steps to secure your Ethereum wallet to protect your assets.