Market Reacts as Trump Memecoin Fails to Secure Major Listings

Key Points
– The team behind a meme coin inspired by former US President Donald Trump is facing challenges in securing listings on major cryptocurrency exchanges.
– This struggle has resulted in significant declines in Trump-themed tokens and even Biden-inspired tokens like BODEN.
– The future of the official Trump meme coin remains uncertain as the team continues to work towards securing listings on top-tier exchanges.

The team behind the official meme coin inspired by former US President Donald Trump is encountering obstacles in getting their coin listed on major cryptocurrency exchanges such as Kraken, Bybit, and OKX. This setback is hindering their growth potential and limiting the coin’s exposure to a wider audience.

The difficulties in securing listings have had a noticeable impact on the meme coin market, with many Trump-themed tokens experiencing sharp declines. For example, TRUMP saw a significant drop of 31% to $7.46 in just four hours. Currently, TRUMP is trading at $9.30, reflecting a 7-day decrease of -28.1% and a 30-day decrease of -30.6%. Similarly, TRUMPIE is priced at $0.0004919, with a 7-day decrease of -58.3% and a 14-day decrease of -76.1%.

The current price of $TRUMP stands at $0.008903, with a 7-day decrease of -5.7% and a 14-day decrease of -65.4%. Surprisingly, even Biden-inspired token BODEN has been affected, currently valued at $0.1411 with a 7-day decrease of -26.2% and a 14-day decrease of -58.3%.

The ongoing challenges with exchange listings are a significant obstacle for the official Trump meme coin. The team’s efforts to secure listings on major exchanges will determine the future of the coin and its investors. Will Trump’s meme coin be able to overcome these hurdles? Keep an eye on Coinpedia for the latest updates on this evolving situation.