Coinbase has formally added the Official Trump (TRUMP) memecoin to its platform, supporting the asset on the Solana community (SPL token).
The change cautions customers to ship TRUMP tokens solely over the Solana community to keep away from potential lack of funds if transferred by way of different networks.
The announcement comes on the heels of TRUMP’s meteoric rise within the crypto neighborhood.
The memecoin rapidly grew to become essentially the most mentioned matter within the house, with its market cap surging to over $70 billion and catapulting it to the 14th spot within the international cryptocurrency rankings.
Regardless of this unimaginable surge, TRUMP crashed greater than 40% in a single day after the Trump household launched one other token – MELANIA, named after Donald Trump’s spouse – taking the highlight away.
TRUMP is now out there for transfers on each Coinbase and Coinbase Change in areas the place buying and selling is supported.
Because the token continues to generate important curiosity, customers are urged to double-check that they’re utilizing the right community when transferring the asset to stop any mishaps with their transactions.
