#Trump Token Launches on Coinbase#
Hot Topic Overview
Overview
Coinbase has announced support for the Trump token (TRUMP) on the Solana network, which is an SPL token. Users need to ensure that transfers are made only through the Solana network, otherwise funds may be lost. Transfers are currently open in supported regions, but transfers, deposits, and withdrawals of TRUMP tokens may be affected due to potential delays on the Solana network. Coinbase will also add 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 climbed to the No. 21 spot on the Apple US App Store ahead of Trump's inauguration, indicating surging interest in the cryptocurrency space.
Ace Hot Topic Analysis
Analysis
Coinbase has announced support for the Trump token (TRUMP), an SPL token, on the Solana network. Users are advised to ensure they only transfer funds through the Solana network, as funds may be lost otherwise. Transfers of the token are currently open in supported regions, but delays on the Solana network may affect TRUMP token transfers, deposits, and withdrawals. Coinbase will also be launching a TRUMP perpetual futures contract, which will be available for trading on Coinbase International Exchange and Coinbase Advanced, opening at or after 11:30 PM UTC on January 20, 2025. Additionally, the Coinbase app has seen a significant rise in rankings on the Apple US App Store leading up to President Trump's inauguration, indicating a surge in interest in the cryptocurrency space.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Coinbase will support the Trump token (TRUMP) on the Solana network, but users need to ensure that they only transfer funds through the Solana network, otherwise funds may be lost.
Coinbase will launch TRUMP perpetual futures contracts, which will be available for trading on Coinbase International Exchange and Coinbase Advanced.
The launch of the Trump token has sparked interest in the cryptocurrency field, leading to a significant rise in the ranking of the Coinbase app in the US Apple App Store.
Due to potential delays on the Solana network, transfers, deposits and withdrawals of TRUMP tokens may be affected.