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Crypto: Trump Memecoin removed from major platforms and crashes by over 30%

Thu 20 Jun 2024 ▪ 3 min of reading ▪ by Fenelon L.
Getting informed Event

The ambition of the Trump Memecoin to conquer the heights of the crypto market is facing a major and persistent obstacle. Despite sustained efforts, the development team is still struggling to list its token on the main exchange platforms such as Kraken, Bybit, and OKX.

A tenacious absence from major listings, a powerful brake on the growth of Trump crypto 

The dreams of seeing the Trump Memecoin reach the heights are diminishing in the face of recurring difficulties in joining the ranks of major exchanges. Despite the developers’ persistence, this memecoin inspired by Donald Trump remains excluded from the major crypto marketplaces. 

This lack of top-tier listings significantly hinders the project’s growth potential and drastically reduces its exposure to a vast pool of potential investors. The developers openly express their frustration with this major obstacle.

The persistent absence of listings on these key channels has caused violent shocks in the nascent segment of Trump tokens. Some flagship assets have literally collapsed, like TRUMP which fell by 31% in just a few hours to plunge back to $7.46. 

Others like TRUMPIE and $TRUMP have suffered even more impressive declines, with respective drops of 76.1% and 65.4% over two weeks.

A future without a major breakthrough!

This turmoil does not spare the competing tokens either. BODEN, the memecoin associated with President Biden, has thus suffered the market’s afflictions with drops of 26.2% over 7 days and 58.3% over 14 days.

In the face of these recurring challenges to secure major exchange listings, the future of the Trump Memecoin and its ecosystem is inexorably darkening. 

Without significant breakthroughs on the major marketplaces of the crypto market, the project risks seeing its ambitions seriously compromised and investor confidence durably shaken.

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Fenelon L. avatar
Fenelon L.

Passionné par le Bitcoin, j'aime explorer les méandres de la blockchain et des cryptos et je partage mes découvertes avec la communauté. Mon rêve est de vivre dans un monde où la vie privée et la liberté financière sont garanties pour tous, et je crois fermement que Bitcoin est l'outil qui peut rendre cela possible.


The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.