Trump Meme Coin Expands to Tron with USD1 Stablecoin – Can This Push TRUMP Above $12?
2025-07-07 17:34:58
Main Idea
The Trump meme coin has expanded to the Tron network with USD1 stablecoin trading pairs, but faces significant price decline and sell-off pressures, alongside political and regulatory scrutiny.
Key Points
1. The Trump meme coin (TRUMP) is now available on the Tron network with USD1 stablecoin trading pairs (USDT/USD1, TRX/USD1, NFT/USD1).
2. TRUMP's price has dropped 85% from its all-time high of $73, currently trading at $8.61, amid team sell-offs and a potential 20% increase in circulating supply.
3. Forbes estimates Trump has earned $1 billion from crypto ventures, including $390M from World Liberty Financial token sales and $315M from the TRUMP meme coin.
4. On-chain analysis reveals systematic insider sell-offs, with $47M transferred to major exchanges like Binance and Coinbase by June.
5. Political controversy surrounds the project, with Senator Elizabeth Warren criticizing its potential for corruption and allegations of foreign influence.
Description
The official Trump meme coin has expanded to the Tron network, alongside the launch of USD1 stablecoin trading pairs, marking a significant strategic move as the token struggles to maintain momentum following systematic sell-offs by project insiders. Tron founder Justin Sun announced the integration while launching three initial trading pairs, including USDT/USD1, TRX/USD1, and NFT/USD1 on the sun.io platform. Trading pairs for USD1 on Tron have officially launched! The first pairs listed on htt...
Latest News
- Cathie Wood’s Ark Invest Sells $6.5M Coinbase and $5.8M Robinhood Amid Bitcoin Rally2025-07-11 08:38:38
- XRP Price Surges 8% in Breakout Move – Can It Reach $6 in This Rally?2025-07-11 08:22:10
- Bitcoin Spot ETFs See $1.18B in Daily Inflows – Second-Highest Ever2025-07-11 07:04:37
- Ethereum Breaks $3,000 for First Time in 2025 After Long Battle – $4,000 Next?2025-07-11 06:47:01
- Pump.fun Acquires SOL-Based Wallet Tracker Kolscan Ahead of Anticipated Token ICO2025-07-11 05:30:30