#Coinbase Lists TRUMP#

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Coinbase announced it will support the TRUMP token (SPL token) on the Solana network and will open transfers in regions where trading is supported. The news has drawn market attention, and the Coinbase app has seen a significant rise in rankings on the Apple US App Store. However, due to potential delays on the Solana network, transfers, deposits, and withdrawals of the TRUMP token may be affected. Additionally, Coinbase plans to add support for official TRUMP perpetual futures on Coinbase International Exchange and Coinbase Advanced, with the market opening on or after 11:30 PM UTC on January 20, 2025.

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Analysis

Coinbase announced that it will support the TRUMP token (SPL token) on the Solana network and add it to its trading list. The token is now open for transfers in supported trading regions, but transfers, deposits, and withdrawals of TRUMP tokens may be affected due to potential delays on the Solana network. Coinbase will also launch TRUMP perpetual futures contracts, which will be open for trading at or after 11:30 PM UTC on January 20, 2025. Additionally, the Coinbase app experienced a significant surge in its ranking on the US Apple App Store prior to President Trump's inauguration, jumping from 193rd to 21st, indicating a surge in interest in the cryptocurrency space. However, Phantom has surpassed Coinbase in the US iOS App Store rankings. Notably, Coinbase reminded users to only transfer TRUMP tokens via the Solana network, otherwise funds may be lost.

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Coinbase will list TRUMP token, which is an SPL token on the Solana network.

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Users need to ensure that they only transfer through the Solana network, otherwise funds may be lost.

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Coinbase will open TRUMP token transfers in regions where trading is supported, but transfers, deposits and withdrawals may be affected due to potential delays on the Solana network.

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Coinbase will add support for official TRUMP perpetual futures on Coinbase International Exchange and Coinbase Advanced.

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