#Coinbase Lists Trump Token#
Hot Topic Overview
Overview
Coinbase has announced support for the Trump token (TRUMP), an SPL token, on the Solana network. Users are advised to ensure that transfers are only made through the Solana network, otherwise funds may be lost. Transfers of the token are currently open in supported trading regions, but transfers, deposits, and withdrawals of TRUMP may be affected due to potential delays on the Solana network. Coinbase will also be adding support for official TRUMP perpetual futures on its International Exchange and Pro platform, with the market opening on or after January 20, 2025, 11:30 PM UTC. The Coinbase app's ranking on the US Apple App Store jumped from 193rd to 21st ahead of Trump's inauguration, indicating a surge in interest in the cryptocurrency space.
Ace Hot Topic Analysis
Analysis
Coinbase announced it will support the Trump token (TRUMP) on the Solana network, which is an SPL token. Users should ensure they only transfer via the Solana network, otherwise funds may be lost. Transfers are now open in supported regions, but due to possible delays on the Solana network, transfers, deposits, and withdrawals for the TRUMP token may be affected. Coinbase will also be adding support for official TRUMP perpetual futures on Coinbase International Exchange and Coinbase Advanced, with the market opening at or after 11:30 PM UTC on January 20, 2025. Additionally, the Coinbase app jumped from the 193rd to the 21st spot in the Apple U.S. App Store rankings ahead of President Trump’s inauguration, suggesting a surge in interest in the cryptocurrency space.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Coinbase will list the Trump token and classify it as an experimental asset.
The launch of the Trump token has sparked interest in cryptocurrencies, leading to a significant surge in the Coinbase app's ranking on the US App Store.
Trading of the Trump token will take place on the Solana network. Users need to ensure that transfers are only made through the Solana network, otherwise funds may be lost.
Coinbase will launch perpetual futures contracts for the Trump token.