Coinbase Adds Support for Official Trump Memecoin (TRUMP)

Coinbase has officially added the Official Trump (TRUMP) memecoin to its platform, supporting the asset on the Solana network (SPL token).

The exchange cautions users to send TRUMP tokens exclusively over the Solana network to avoid potential loss of funds if transferred via other networks.

The announcement comes on the heels of TRUMP’s meteoric rise in the crypto community.

The memecoin quickly became the most discussed topic in the space, with its market cap surging to over $70 billion and catapulting it to the 14th spot in the global cryptocurrency rankings.

READ MORE:

Robert Kiyosaki Criticizes Trump’s Memecoin, Questions Crypto’s Direction

Despite this incredible surge, TRUMP crashed more than 40% overnight after the Trump family launched another token – MELANIA, named after Donald Trump’s wife – taking the spotlight away.

TRUMP is now available for transfers on both Coinbase and Coinbase Exchange in regions where trading is supported.

As the token continues to generate significant interest, users are urged to double-check that they are using the correct network when transferring the asset to prevent any mishaps with their transactions.

Alexander Stefanov

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.