Memecoins
Trump Memecoin removed from main platforms!
Thu June 20, 2024 ▪ 3 min reading ▪ by Fenelon L.
The Trump Memecoin’s ambition to conquer the top of the crypto market faces a major and persistent obstacle. Despite continued efforts, the development team is still struggling to list its token on major exchanges such as Kraken, Bybit and OKX.
A stubborn absence of major listings, a powerful brake on the growth of Trump crypto
Dreams of seeing Trump Memecoin reach new heights are dwindling in the face of recurring difficulties in joining the ranks of major exchanges. Despite the perseverance of the developers, this memecoin inspired by Donald Trump remains excluded from major crypto markets.
This lack of prominent announcements significantly hampers the project’s growth potential and significantly reduces its exposure to a large pool of potential investors. Developers openly express their frustration with this major obstacle.
The continued lack of listings on these key channels has caused severe shocks to the nascent Trump token segment. Some flagship assets literally collapsed, like TRUMP which fell 31% in just a few hours to plunge back to $7.46.
Others like TRUMPIE and $TRUMP suffered even more impressive declines, with respective two-week drops of 76.1% and 65.4%.
A future without major progress!
This turmoil does not spare competing tokens either. BODEN, the memecoin associated with President Biden, thus suffered the throes of the market with declines of 26.2% over 7 days and 58.3% over 14 days.
Faced with these recurring challenges to secure listings on major exchanges, the future of Trump Memecoin and its ecosystem is inexorably darkening.
Without significant progress on the large markets of the crypto market, the project risks seeing its ambitions seriously compromised and investor confidence lastingly shaken.
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Fenelon L.
Passionate about Bitcoin, I like to explore the intricacies of blockchain and cryptos and I share my discoveries with the community. My dream is to live in a world where privacy and financial freedom are guaranteed for everyone, and I firmly believe that Bitcoin is the tool that can make this possible.
DISCLAIMER
The views, thoughts and opinions expressed in this article belong solely to the author and should not be considered investment advice. Do your own research before making any investment decisions.