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Trump’s crypto token hits $9.2b ahead of inauguration
Donald Trump’s cryptocurrency token, $Trump, achieved a market capitalization of US$9.2 billion on January 20, as reported by CoinMarketCap.
The token experienced a 73% increase, reaching a price of US$46.06 during Asian trading hours, with a 24-hour trading volume of US$42.2 billion.
The launch of $Trump coincides with Trump’s anticipated return to the White House.
His presidency will officially commence at 12 p.m. ET (5 p.m GMT) on January 20, with the cryptocurrency sector monitoring potential regulatory changes closely.
Recent cryptocurrency developments
| Timeline |
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19-Jan-2025 💰 Trump launches cryptocurrency, reaches $32b valuation
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04-Jan-2025 📈 Cryptocurrency prices surge this year as bitcoin, altcoins gain
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17-Aug-2021 🚀 Philippine cryptocurrency exchange startup gets $12.5m in funding
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14-Feb-2019 💰 In brief: Cryptocurrency traders in Indonesia object to new futures rules
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14-Feb-2019 💰 Cryptocurrency 101: What is a stablecoin?
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