Crypto Exchanges Listed TRUMP Memecoin Faster Than Peers Amid Concentrated Supply Concerns
2025-07-14 15:12:25
Main Idea
The TRUMP memecoin experienced rapid exchange listings and high trading volumes, generating significant fees despite supply concentration risks and regulatory challenges.
Key Points
1. TRUMP memecoin was listed on major exchanges like Binance, Coinbase, and OKX in just four days, compared to 129 days for peers like PEPE and BONK, facilitating immediate liquidity and trading volume.
2. 80% of TRUMP’s token supply is controlled by the Trump family, raising concerns about supply concentration risks despite high market demand.
3. Coinbase listed TRUMP within one day but blocked trading for New York residents following a warning from the NYDFS, highlighting regulatory constraints.
4. TRUMP’s trading activity generated $172 million in fees, with 45 wallets profiting $1.2 billion, while most investors faced collective losses exceeding $4.3 billion.
5. The token’s price declined by 78% from its peak, underscoring the high-risk, high-reward nature of memecoin trading.
Description
The Official Trump (TRUMP) memecoin has rapidly reshaped crypto exchange dynamics, listing significantly faster than other major memecoins and generating substantial trading fees. Despite concerns over concentrated token supply, exchanges
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