Crypto sources have recorded that the $TRUMP meme coin, a Solana-based digital asset inspired by US President Donald Trump, surged 10% in value after Upbit, South Korea’s largest crypto exchange, announced its listing. The listing on Upbit comes nearly a month after Bithumb, another South Korean exchange, added $TRUMP to its platform. The new trading support is expected to increase liquidity and accessibility, attracting more traders to the already volatile meme coin.
TRUMP Listing Details on Upbit
Upbit confirmed in an official notice that it will enable TRUMP deposits, withdrawals, and trading starting February 13 at 18:00 KST.
Trading Pairs Available for TRUMP on Upbit:
– Korean Won (KRW)
– Bitcoin (BTC)
– Tether (USDT)
According to Upbit’s listing conditions:
– Deposits and withdrawals will be activated two hours after the notice (roughly 30 minutes before trading begins).
– Buy orders will be restricted for five minutes after trading begins.
– Sell orders must be at least 10% lower than the previous day’s closing price, a measure to prevent excessive volatility.
This structured rollout aims to minimize market manipulation and prevent a speculative frenzy—a challenge often associated with meme coin trading.
TRUMP’s Price Reaction: A Short-Term Surge?
Following Upbit’s announcement, TRUMP surged over 10%, reaching $16.96 and a market cap of nearly $3.4 billion, according to the latest crypto news. As at the time of this publication, TRUMP stands at $16.31.
![TRUMP Meme Coin Rallies 10% as Upbit Confirms Listing 9 TRUMP Meme Coin Rallies 10% as Upbit Confirms Listing](https://thebitjournal.b-cdn.net/wp-content/uploads/2025/02/Trump-1.png)
However, despite this recent spike, TRUMP has struggled in the broader market:
– Down 12% in the past week
– Plummeted nearly 40% over the past two weeks
This suggests that while exchange listings drive short-term excitement, TRUMP’s long-term stability remains uncertain.
TRUMP’s Rollercoaster Price History: From $10B to a Major Drop
The TRUMP meme coin made headlines in January 2025, debuting with a market cap exceeding $10 billion during its first trading hours.
However, early traders quickly dumped the token, causing its price to:
– Crash from $39.63 to as low as $4.29 on January 18
– Partially recover to its current trading range around $16-$17
This pattern follows typical meme coin cycles—rapid hype-driven spikes, followed by dramatic corrections.
Why Upbit’s TRUMP Listing Matters
Upbit’s decision to list TRUMP signals increased institutional and retail interest in politically themed meme coins. South Korea has been a hotspot for speculative trading, with Upbit leading the charge in altcoin and meme coin trading volumes.
What This Listing Means for TRUMP:
- Increased Liquidity: More trading volume could help stabilize price fluctuations.
- New Market Exposure: South Korean traders bring high trading activity, often driving price surges.
- Legitimization: A major exchange listing boosts credibility for meme coins like TRUMP.
However, TRUMP’s future remains uncertain, as meme coins are highly speculative and prone to extreme volatility.
Expert Opinions: What’s Next for TRUMP?
Mati Greenspan, CEO of Quantum Economics
“Meme coins like TRUMP are purely speculation-driven. Exchange listings bring short-term spikes, but sustainability depends on real utility—which TRUMP lacks for now.”
Scott Melker, Crypto Analyst
“The TRUMP meme coin has seen insane volatility, but the Upbit listing could help stabilize it by adding liquidity. However, traders should be cautious of another sell-off.”
Upbit Representative (Official Notice Statement)
“We’ve seen strong demand from South Korean traders for TRUMP. The listing is designed to offer structured trading with risk control measures.”
These insights reinforce the speculative nature of TRUMP’s price action, while also acknowledging potential short-term opportunities.
![TRUMP Meme Coin Rallies 10% as Upbit Confirms Listing 10 TRUMP Meme Coin Rallies 10% as Upbit Confirms Listing](https://thebitjournal.b-cdn.net/wp-content/uploads/2025/02/Trump-2.jpeg)
Potential Risks and Concerns for TRUMP Investors
Despite its popularity, The TRUMP meme coin carries significant risks:
– High Volatility: Wild price swings make it risky for long-term holders.
– Lack of Utility: Unlike major cryptocurrencies, TRUMP has no inherent use case beyond trading.
– Regulatory Uncertainty: Political meme coins could face scrutiny from regulators, especially in the U.S.
Investors should exercise caution and consider these factors before trading TRUMP.
Conclusion
The Upbit listing has provided a short-term boost for TRUMP, helping it recover from recent losses. However, meme coin volatility remains high, and long-term sustainability is uncertain.
For now, TRUMP’s future hinges on continued exchange support and retail interest. Traders should remain cautious, as past listings have triggered both surges and sell-offs.
Will TRUMP reclaim its $39.63 all-time high, or is this just another temporary pump? The coming weeks will be crucial for its trajectory.
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FAQs
1. Why did TRUMP meme coin price surge after the Upbit listing?
Upbit is South Korea’s largest crypto exchange, bringing high liquidity and new traders into the market, causing a short-term price spike.
2. What trading pairs will be available for TRUMP on Upbit?
TRUMP will be available for trading with Korean Won (KRW), Bitcoin (BTC), and Tether (USDT).
3. Will the Upbit listing help stabilize TRUMP’s price?
While more liquidity helps reduce volatility, TRUMP remains a speculative meme coin prone to sharp price swings.
4. Is TRUMP a good investment?
TRUMP is highly speculative with no clear use case. While exchange listings boost short-term gains, long-term viability remains uncertain.
Glossary
Liquidity: The ease with which an asset can be bought or sold in the market.
Meme Coin: A cryptocurrency inspired by internet culture, often lacking fundamental utility.
Market Cap: The total value of a cryptocurrency’s circulating supply.
Volatility: The degree of variation in an asset’s price over time.
ATH (All-Time High): The highest price a cryptocurrency has ever reached.