Just days before the inauguration, the President-elect, Donald Trump, set the crypto world in an uproar as he launched his meme coin, $TRUMP. The coin reached a remarkable market value of $8 billion within under three hours.
As the word got out about this meteoric surge, dealers and meme coin maniacs wanted to get in on this action also. Within hours, it saw its market cap go up by 220%, reaching $4.25 billion and establishing it as a cryptocurrency phenomenon for sure, reported The Economic Times.
Means of Purchase for this $TRUMP Meme Coin
From Brokers
Like others, $TRUMP can be bought through brokers or exchanges. How to get started is by creating and verifying an account on the platform supporting $TRUMP. Subsequent to verification, deposit funds to actualize your transaction.
Moonshot Marketplace
Trump has promoted Moonshot as a user-friendly marketplace to buy his meme coin. Moonshot allows users to pay with multiple options, including Venmo, Solana/USDC, Apple Pay, Google Pay, and debit/credit cards. Users can buy $TRUMP in less than five minutes after submitting an email address.
How to Buy and Store the Coins Safely
Set up a Wallet
To safely hold your $TRUMP coins, establish a Bitcoin wallet.
Buy Other Cryptos
First, you have to buy the base cryptocurrencies like Ethereum (ETH) or Binance Coin (BNB) on the popular exchanges before you can exchange for $TRUMP.
Trade on a Decentralized Exchange (DEX)
You can trade your base cryptocurrencies for $TRUMP on a DEX.
Verify the Correct Coin
Always ensure that you are buying the right token by using the official contract address from trusted sources.