#Coinbase Lists Trump Token#
Hot Topic Overview
Overview
Coinbase announced support for the Trump Token (TRUMP), an SPL token, on the Solana network. Users must ensure they only transfer funds through the Solana network, otherwise, funds may be lost. Transfers are now open in supported regions, but due to potential delays on the Solana network, TRUMP token transfers, deposits, and withdrawals may be affected. Additionally, Coinbase will be adding support for official TRUMP perpetual futures on its international exchange and advanced trading platform. This market will be open at or after 11:30 PM UTC on January 20, 2025. The news has sparked increased interest in the cryptocurrency space, resulting in a significant rise in the ranking of the Coinbase app in the Apple US App Store.
Ace Hot Topic Analysis
Analysis
Coinbase has announced it will add support for the Trump token (TRUMP), an SPL token, on the Solana network. Users should ensure that transfers are made only through the Solana network, otherwise funds may be lost. Transfers of the token are now open in regions where trading is supported, but transfers, deposits, and withdrawals of TRUMP 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 on January 20, 2025, at 11:30 PM UTC or later. Additionally, the Coinbase app’s ranking on the Apple US App Store surged ahead of Trump's inauguration, jumping from 193rd to 21st, suggesting a surge in interest in the cryptocurrency space.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Coinbase launched Trump token sparked market attention, causing the Coinbase app to soar in the US App Store.
Coinbase listing Trump token could lead to a surge in user interest in crypto, especially memecoin.
Coinbase listing Trump token could lead to delays on the Solana network, affecting TRUMP token transfers, deposits, and withdrawals.
Coinbase listing Trump token could lead to new trading opportunities on exchanges, such as TRUMP perpetual futures.