Crypto exchange giant Binance has again nabbed significant market attention, revealing an important update on TRUMP and several other tokens. Notably, the crypto exchange on Tuesday revealed that it is adding the TRUMP USD-Margined perpetual contract to its futures copy trading division, alongside new listings for seven other assets. In response, traders and investors remain bullish regarding the future price action of these tokens, primarily as their market exposure increases with new listings on leading cryptocurrency exchanges.
Binance Unveils Futures Listing For TRUMP & 7 Other Crypto Assets
According to an official Binance announcement dated January 21, the crypto exchange giant is adding 8 USD-Margined perpetual contracts to its futures copy trading division at 08:00 UTC. Notably, per the announcement, the crypto exchange is adding TRUMPUSDT, ARCUSDT, AVAAIUSDT, DEXEUSDT, HIVEUSDT, PROMUSDT, SOLVUSDT, and SONICUSDT perpetual contracts for users, allowing them to copy experienced traders’ portfolios in real-time.
As a result, market sentiments surrounding these tokens have turned highly optimistic. The bullish anticipation comes as crypto enthusiasts expect a gush of money inflow into these assets as investors continue to gauge opportunities that maximize gains, as in with Binance copy trading.
Also, it’s noteworthy that the same exchange revealed another vital update on the new TRUMP token. Notably, the platform’s spot trading division has commenced trading for the asset pegged to TRY starting on the same date and time. Overall, the enhanced trade offerings continue to project market optimism surrounding the new meme coin on Solana, boosting market visibility.
Bithumb Joins The Fray Amid Major Listings
Simultaneously, a leading S. Korean cryptocurrency exchange has recently revealed an update on the TRUMP coin, expanding market support for the asset. As per a Bithumb announcement, the crypto exchange is adding the new Solana meme coin to the Won market.
This listing has further cemented the broader market’s optimism on the token, coming alongside the abovementioned listings on Binance. Meanwhile, CoinGape reported that even Coinbase expanded support for the TRUMP token.
Whilst leading exchanges offer support to the new crypto project, it’s also worth mentioning that Republican Donald Trump concluded his presidential inauguration on Monday. The new meme coin has emerged as the talk of the crypto town, primarily in light of this saga, supported by previous price gains.
How Is The Meme Coin Currently Delivering?
At the time of reporting, TRUMP price crashed nearly 31% intraday and is trading at $40.31. Its 24-hour low and high were $31.01 and $61.12, respectively. Despite soaring optimism in light of major listings on Binance, Coinbase, and Bithumb, the token’s waning movement has raised severe investor concerns.
Nevertheless, CoinGape recently reported that the meme coin is likely gearing up for a rally to $54, as spotlighted by a leading crypto market analyst. Notably, analyst Ali Martinez claims that the technical patterns hint at a bullish breakout looming for the token. Crypto market traders and investors continue to eye the coin for further price action shifts, given the dynamic nature of the crypto space.
The post Binance Reveals Support For TRUMP & These Crypto, Prices To Jump? appeared first on CoinGape.
