New cryptocurrency for online gambling.
On the 18th of January 2025, a new cryptocurrency called $TRUMP was presented to the world, and already several online casinos adopted it and announced, that it is available for withdrawals and deposits. This new crypto coin was launched by the president of the United States just before the inauguration process, which took place on the 20th of January 2025 and quickly gathered a lot of attention.
In this article, we will provide you with the information, which you need to know about the newest crypto coin associated with Donald Trump.
$TRUMP – What is it?
First of all, $TRUMP is a part of meme coins, which is a cryptocurrency that is inspired by internet memes or cultural references. It is crucial to remember that meme currencies are very speculative and volatile assets that are frequently motivated more by social media excitement, community, and other social aspects.
As we have mentioned before this crypto coin is associated with Donald Trump, and within 60 hours it became the world’s 15th largest cryptocurrency, by reaching an FDV (fully diluted value) of $70 billion.
The launch of $TRUMP has become a significant milestone in the crypto industry, first of all, it disrupted the work of the Solana network and drew away the liquidity from other crypto coins. As a part of meme coins, $STRUMP also managed to merge politics, crypto, and culture.
However, what to expect from a crypto, that had such a high-profile appearance? Due to the fact, that $TRUMP is a meme coin, the hype around it is very important. Moreover, as the previous experience showed, political decisions and events have a strong impact on crypto, therefore, it also needs to be taken into account. In addition to that, if this coin gains more and more attention, then many other similar projects may appear soon, and it will be integrated into the culture.
