South Korea's largest crypto exchange, Upbit, announced the listing of a new coin, TRUMP, leading to a price surge.
Upbit Listing Details
In an official announcement, Upbit stated that TRUMP will be listed at 18:00 South Korea's time. The exchange will offer trading pairs such as TRUMP/BTC, TRUMP/USDT, and TRUMP/KRW. The announcement led to a significant price increase for TRUMP.
TRUMP Price Spiked by 12%
Before the announcement, TRUMP was trading at $15.5, spiking to $17.1, and then further to $17.4, with its market cap surpassing $3.4 billion.
What is TRUMP?
TRUMP is the official memecoin launched by the new US President, Donald Trump. Launched on January 18 via his X account, the coin was listed by Binance on January 19 and Robinhood on January 20. Built on Solana, the release was coordinated by CIC Digital LLC, a Trump Organization affiliate.
The listing of TRUMP on Upbit marks another milestone for the memecoin, reflected in its price and market capitalization.