{"id":681877,"date":"2025-01-23T16:30:07","date_gmt":"2025-01-23T16:30:07","guid":{"rendered":"https:\/\/ktsl888.com\/?p=681877"},"modified":"2025-01-23T12:32:38","modified_gmt":"2025-01-23T12:32:38","slug":"trump-token-tops-xrp-in-trading-volume-despite-sharp-decline","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/altcoin\/trump-token-tops-xrp-in-trading-volume-despite-sharp-decline\/","title":{"rendered":"TRUMP Token Tops XRP In Trading Volume Despite Sharp Decline"},"content":{"rendered":"<p>A surprising twist within the crypto market has seen TRUMP token trading volume surpass XRP, with a massive price correction. This behavior of the market in a very unpredictable manner points to the fact that the crypto space is quite unpredictable and that speculative tokens often see tremendous trading activity swings, even as their prices plummet. The trading volume surge by the TRUMP token is more interesting in this scenario of high volatility and uncertainty.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/ktsl888.com\/news\/ethereum\/brains-not-working-ethereum-foundation-under-fire-for-repeated-eth-sell-offs\/\" target=\"_blank\" rel=\"noopener \">Brains Not Working? Ethereum Foundation Under Fire For Repeated ETH Sell-Offs<\/a><\/div>\n<h2><strong>Speculation Fuels TRUMP Token&#8217;s Rally<\/strong><\/h2>\n<p>Despite its sharp decline in price<a href=\"https:\/\/www.coingecko.com\/en\/coins\/official-trump\" target=\"_blank\" rel=\"noopener nofollow\"> (down 16% in the last 24 hours),<\/a> the TRUMP token managed to outdo XRP in trading volume. The rally in trading activity in TRUMP&#8217;s token has piqued the interest of the entire cryptocurrency community, with speculation pointing towards a very strong reaction of traders to the token, probably fueled by its political branding or hype around its speculative nature.<\/p>\n<p>Donald Trump, the 47th president of the United States, launched the meme coin Official Trump (TRUMP), which is based in Solana, over the weekend. Its price immediately reached highs close to $80, indicating that it was a huge success at launch.<\/p>\n<p>At the time of writing, TRUMP was trading at $35.69, with a 24-hour trading volume surpassing XRP&#8217;s. In particular, according to <a href=\"https:\/\/coinmarketcap.com\/currencies\/xrp\/\" target=\"_blank\" rel=\"noopener nofollow\">CoinMarketCap data<\/a>, the meme coin has experienced $8.7 billion in trade activity, compared to XRP&#8217;s $8.3 billion.<\/p>\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-681880\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2025\/01\/a_910c51.png?resize=948%2C470\" alt=\"\" width=\"948\" height=\"470\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2025\/01\/a_910c51.png?w=948 948w, https:\/\/ktsl888.com\/wp-content\/uploads\/2025\/01\/a_910c51.png?w=460 460w, https:\/\/ktsl888.com\/wp-content\/uploads\/2025\/01\/a_910c51.png?w=768 768w, https:\/\/ktsl888.com\/wp-content\/uploads\/2025\/01\/a_910c51.png?w=860 860w, https:\/\/ktsl888.com\/wp-content\/uploads\/2025\/01\/a_910c51.png?w=130 130w, https:\/\/ktsl888.com\/wp-content\/uploads\/2025\/01\/a_910c51.png?w=83 83w, https:\/\/ktsl888.com\/wp-content\/uploads\/2025\/01\/a_910c51.png?w=750 750w\" sizes=\"auto, (max-width: 948px) 100vw, 948px\"><\/p>\n<p>Since its inception on January 17, TRUMP has experienced an incredible $38 billion in trade activity, according to <a href=\"https:\/\/cryptoquant.com\/insights\/quicktake\/67914fc79b745-The-TRUMP-Pump-President-Trumps-Meme-Coin-Trading-Activity-Soars?utm_source=twitter&amp;utm_medium=sns&amp;utm_campaign=quicktake&amp;utm_content=julio-moreno\" target=\"_blank\" rel=\"noopener nofollow\">CryptoQuant data<\/a> released on Wednesday. Notably, big sell-offs as momentum cools are probably the cause of the recent price&#8217;s sustained high trading volume.<\/p>\n<p>According to <a href=\"https:\/\/dexscreener.com\/solana\/a8nphpcjqtqhdquk35uj9hy2ysgxfkczgunwvkd3k7vc\" target=\"_blank\" rel=\"noopener nofollow\">Dexscreener data<\/a>, sale volume has recently surpassed buy volume.<\/p>\n<figure id=\"attachment_681884\" aria-describedby=\"caption-attachment-681884\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-681884 size-full\" src=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2025\/01\/a_0226f7.png?resize=1024%2C386\" alt=\"\" width=\"1024\" height=\"386\" srcset=\"https:\/\/ktsl888.com\/wp-content\/uploads\/2025\/01\/a_0226f7.png?w=1374 1374w, https:\/\/ktsl888.com\/wp-content\/uploads\/2025\/01\/a_0226f7.png?w=460 460w, https:\/\/ktsl888.com\/wp-content\/uploads\/2025\/01\/a_0226f7.png?w=768 768w, https:\/\/ktsl888.com\/wp-content\/uploads\/2025\/01\/a_0226f7.png?w=860 860w, https:\/\/ktsl888.com\/wp-content\/uploads\/2025\/01\/a_0226f7.png?w=750 750w, https:\/\/ktsl888.com\/wp-content\/uploads\/2025\/01\/a_0226f7.png?w=1140 1140w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\"><figcaption id=\"caption-attachment-681884\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/dexscreener.com\/solana\/a8nphpcjqtqhdquk35uj9hy2ysgxfkczgunwvkd3k7vc\" target=\"_blank\" rel=\"noopener nofollow\">Dexscreener<\/a><\/figcaption><\/figure>\n<p>Meanwhile, XRP keeps growing steadily, while holding the number one spot of the top-ranked digital assets on the market. A short-term jump in trading volumes of the TRUMP token indicated a new shift in interest into tokens that bring more volatility and rewarding trading dynamics.<\/p>\n<figure style=\"width: 1626px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/TbABe5kx\/\" width=\"1626\" height=\"883\"><figcaption class=\"wp-caption-text\">XRP is currently trading at $3.07. Chart: <a href=\"https:\/\/www.tradingview.com\/\" target=\"_blank\" rel=\"noopener nofollow\">TradingView<\/a><\/figcaption><\/figure>\n<h2><strong>XRP Standing Strong<\/strong><\/h2>\n<p>Although the TRUMP token managed to take a trading volume lead over XRP temporarily, it&#8217;s not easily replaced in the long run because of its years-long presence in the market. XRP, being an old cryptocurrency, has attracted followers and institutional investment and, thus, is relatively stable in the market.<\/p>\n<div class=\"related-reading-shortcode\">Related Reading: <a href=\"https:\/\/ktsl888.com\/news\/bitcoin\/bitcoin-could-surge-to-1-7-million-according-to-cryptoquant-and-glassnode\/\" target=\"_blank\" rel=\"noopener \">Bitcoin Could Surge To $1.7 Million, According To CryptoQuant And Glassnode<\/a><\/div>\n<p>The TRUMP token is, on the other hand, a recently introduced and relatively speculative asset whose trading volume peak may prove transitory and reliant on the whim of speculative traders rather than being based on sustainable investment.<\/p>\n<p>The contrast between the two tokens\u2014one propelled by excitement and the other by solid fundamentals\u2014illuminates the divergent forces at work in the cryptocurrency market. Although XRP may be more resilient, the TRUMP coin is presently experiencing a brief period of excitement and even <a href=\"https:\/\/bitcoinist.com\/trump-coin-draws-sharp-criticism-from-japanese-bitcoin-pioneer\/\" target=\"_blank\" rel=\"noopener nofollow\">controversy<\/a>, which highlights the market&#8217;s unpredictable nature and the factors that influence trading activity.<\/p>\n<p><em>Featured image from Gearbest, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>A surprising twist within the crypto market has seen TRUMP token trading volume surpass XRP, with a massive price correction. This behavior of the market in a very unpredictable manner points to the fact that the crypto space is quite unpredictable and that speculative tokens often see tremendous trading activity swings, even as their prices plummet. The trading volume surge by the TRUMP token is more interesting in this scenario of high volatility and uncertainty. Related Reading: Brains Not Working? Ethereum Foundation Under Fire For Repeated ETH Sell-Offs Speculation Fuels TRUMP Token&#8217;s Rally Despite its sharp decline in price (down 16% in the last 24 hours), the TRUMP token managed to outdo XRP in trading volume. The rally in trading activity in TRUMP&#8217;s token has piqued the interest of the entire cryptocurrency community, with speculation pointing towards a very strong reaction of traders to the token, probably fueled by its political branding or hype around its speculative nature. Donald Trump, the 47th president of the United States, launched the meme coin Official Trump (TRUMP), which is based in Solana, over the weekend. Its price immediately reached highs close to $80, indicating that it was a huge success at launch. At the time of writing, TRUMP was trading at $35.69, with a 24-hour trading volume surpassing XRP&#8217;s. In particular, according to CoinMarketCap data, the meme coin has experienced $8.7 billion in trade activity, compared to XRP&#8217;s $8.3 billion. Since its inception on January 17, TRUMP has experienced an incredible $38 billion in trade activity, according to CryptoQuant data released on Wednesday. Notably, big sell-offs as momentum cools are probably the cause of the recent price&#8217;s sustained high trading volume. According to Dexscreener data, sale volume has recently surpassed buy volume. Meanwhile, XRP keeps growing steadily, while holding the number one spot of the top-ranked digital assets on the market. A short-term jump in trading volumes of the TRUMP token indicated a new shift in interest into tokens that bring more volatility and rewarding trading dynamics. XRP Standing Strong Although the TRUMP token managed to take a trading volume lead over XRP temporarily, it&#8217;s not easily replaced in the long run because of its years-long presence in the market. XRP, being an old cryptocurrency, has attracted followers and institutional investment and, thus, is relatively stable in the market. Related Reading: Bitcoin Could Surge To $1.7 Million, According To CryptoQuant And Glassnode The TRUMP token is, on the other hand, a recently introduced and relatively speculative asset whose trading volume peak may prove transitory and reliant on the whim of speculative traders rather than being based on sustainable investment. The contrast between the two tokens\u2014one propelled by excitement and the other by solid fundamentals\u2014illuminates the divergent forces at work in the cryptocurrency market. Although XRP may be more resilient, the TRUMP coin is presently experiencing a brief period of excitement and even controversy, which highlights the market&#8217;s unpredictable nature and the factors that influence trading activity. Featured image from Gearbest, chart from TradingView<\/p>\n","protected":false},"author":557,"featured_media":681922,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[85876],"tags":[142,6664,83767,9848,93217,4531],"class_list":["post-681877","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin","tag-altcoins","tag-crypto","tag-meme-coins","tag-trump","tag-trump-token","tag-xrp"],"acf":[],"yoast_head":"\n<title>TRUMP Token Tops XRP In Trading Volume Despite Sharp Decline<\/title>\n<meta name=\"description\" content=\"A surprising twist within the crypto market has seen TRUMP token trading volume surpass XRP, with a massive price correction. 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He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. 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