Top US-based crypto exchange platform Coinbase has added President Donald Trump’s official memecoin to its listing roadmap.
In a post on the social media platform X, Coinbase announces the addition of Official Trump (TRUMP) – which launched late last week – to its roadmap.
Being added to Coinbase’s listing roadmap means that the crypto exchange is considering supporting the asset in the future. Coinbase uses the listing roadmap to prevent insider trading and the front-running of tokens prior to them being listed.
TRUMP is trading around $58.45 after a parabolic run-up since launch. According to data from CoinGecko, TRUMP’s fully diluted valuation (FDV) is sitting at around $68 billion, just days after its inception.
TRUMP launched on the Solana (SOL) blockchain and quickly hit a market cap of nearly $3 billion, before ultimately skyrocketing up to around $14.5 billion. Trump is set to be inaugurated as the nation’s 47th President today and has promised to turn the US into a crypto-friendly nation that pushes innovation within the industry.
Digital asset enthusiasts are also betting on Trump creating a Bitcoin (BTC) reserve as the odds of him forming one during his first 100 days on the crypto betting platform Polymarket are 54% at time of writing.
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Featured Image: Shutterstock/WWWoronin