Trump Memecoin drops by more than 30% after being pulled from key platforms

  • The goal of the Trump Memecoin is to dominate the cryptocurrency market, but it is up against a significant and enduring barrier.
  • The development team is still having trouble getting their token listed on major exchanges like Kraken, Bybit, and OKX, despite their best efforts.

A determined absence from significant listings, a strong impediment to Trump Crypto’s progress

The hopes of witnessing the Trump Memecoin soar are dwindling due to persistent challenges in breaking into the main exchanges.

Even with the developers’ best efforts, the Donald Trump-inspired memecoin is still not available on the big cryptocurrency exchanges.

The project’s growth potential is severely hampered by the dearth of premium listings, which also severely limits its exposure to a large pool of possible investors. The developers publicly voice their annoyance at this significant roadblock.

The ongoing lack of listings on these important channels has resulted in severe shocks to the emerging Trump token market. Certain iconic assets have completely crashed, such as TRUMP, which dropped 31% in a matter of hours and is now back at $7.46.

Some have seen even more dramatic decreases, such as TRUMPIE and $TRUMP, which fell 76.1% and 65.4% over the course of two weeks, respectively.

A future devoid of a significant innovation!

The rival tokens are also not immune to this chaos. Consequently, BODEN, the meme coin linked to President Biden, has experienced declines of 26.2% over the course of seven days and 58.3% over the course of fourteen days due to market ills.

The prospects for the Trump Memecoin and its ecosystem are progressively becoming less favorable due to the persistent difficulties in obtaining listings on significant exchanges.

Should there be no noteworthy advancements in the primary cryptocurrency markets, the project runs the risk of having its goals severely weakened and investor trust being permanently eroded.

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Disclaimer : This article was created for informational purposes only and should not be taken as investment advice. An asset’s past performance does not predict its future returns. Before making an investment, please conduct your own research, as digital assets like cryptocurrencies are highly risky and volatile financial instruments.

Author: Lalit Mohan

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