South Korea’s Bithumb to launch $TRUMP trading for 53k won

Bithumb announced that he would launch the $ Trump’s meme on his platform with a basic price of 53,350 wons three days after its official launch.

Bithumb, the second largest exchange of southern Korea cryptocurrency, will launch the official coin of Trump, $ Trump (Trump), following an increase in demand on the cryptography market. The cryptocurrency scholarship offers $ Trump at the base price of 53,350 wons (about 37 dollars) to its Korean traders interested in investing in the American president’s room.

The room even based on Solana will be available for exchange on Bithumb from January 21, 2025 at 7:00 p.m. kst. However, traders can start withdraw or place the token an hour after the announcement of the announcement, around 6:36 pm. Until now, a total of 20 deposit confirmations have already been filed on Bithumb for $ Trump.

According to Crypto.News data, Trump’s same part has decreased by more than 30 % in the last 24 hours of negotiation. The same is currently estimated at $ 39.63. Despite its good departure, reaching a market capitalization of more than $ 10 billion only a few hours after its launch, the market capitalization of the token fell to $ 7.8 billion. However, it still ranks 28th in the classification of cryptocurrencies in terms of market capitalization.

South Korea Bithumb will launch $ Trump trading for 53,000 wons - 1
Prices table of the play even official of Trump, January 21, 2025 | Source: Crypto.News

Trump’s official coin has accumulated a volume of exchanges of more than $ 19 billion in the last 24 hours of negotiation, its price fluctuating between $ 31.58 and $ 58.55. The same part also has a fully diluted valuation of almost $ 40 billion.

Until now, the play Mème Trump has been listed on several major cryptographic exchanges, notably Coinbase, Binance and Robinhood. Bithumb becomes the first South Korean cryptographic exchange to launch the official part of Trump.

Depending on the Bithumb opinion, the token purchase and sale orders will be limited for 5 minutes at the start of the negotiation, at prices below -10 % of the standard price and higher than +1200 % of the standard price. Automatic orders will only be possible after the first transaction.

Disclosure: This article does not represent investment advice. The content and documents presented on this page are only intended for educational purposes.

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