Bithumb, South Korea’s second largest crypto exchange, is preparing to create great excitement in the crypto world with this meme coin dedicated to former United States President Donald Trump. This statement aroused great interest in the meme coin market and turned investors’ eyes to this new coin.

By launching the $TRUMP token, Bithumb will be the first exchange to make this token tradable in South Korea, having previously been listed on major crypto exchanges such as Coinbase, Binance and Robinhood.

$TRUMP is introduced as a Solana-based meme coin and has received great interest from investors since its launch.

Its market capitalization initially exceeded $10 billion within a few hours, but has lost some value in recent days, falling to $7.8 billion. However, the token, which is still ranked 28th, has a very important position in the crypto world.

Bithumb announced two separate campaigns for $TRUMP coin: Airdrop and Trading Competition. This campaign is valid for new users only and will start on January 21, 2025.

Investors will be eligible for airdrop rewards by opening an account on Bithumb, depositing at least 50 USDT worth of tokens, and making $TRUMP/USDT trading volume of 100 USDT. The first 350 lucky participants of the campaign will win $TRUMP worth 20 USDT. These prizes will be distributed on a first-come, first-served basis.

As part of the Trading Competition, all old and new users will win rewards when they perform a transaction volume of 5,000 USDT or more on any token during the campaign period.

The first place user will receive $TRUMP worth 1,000 USDT, while the second and third place users will receive $TRUMP reward worth 500 USDT respectively. The 10 users who will place 4th to 13th will be rewarded with $TRUMP worth 100 USDT each.

Investors will have the opportunity to win great prizes by meeting certain conditions to participate in this campaign.

Bithumb will also impose some restrictions on buy and sell orders. Once trading begins, token trading prices will be restricted for 5 minutes when they are 10% below or 100% above the standard price. In addition, automatic orders can only be placed after the first transaction.

With the launch of the $TRUMP meme coin, interest in Trump-themed tokens previously listed on major exchanges has increased. These tokens have started to generate serious trading volume for both investors and crypto enthusiasts.

It is estimated that $TRUMP coin will continue to spread rapidly and hold an important position in terms of market value. For investors, this token offers both a fun investment alternative and a great opportunity. This move by Bithumb seems to create excitement in the crypto world.