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An official post by MAGA memecoin on X has triggered a newfound interest in the $TRUMP token. The tweet suggests that a Kraken listing could be on the way.
A mysterious post recently made on X by the official account of MAGA Memecoin has set off a breakout of TRUMP (TRUMP), a token in the MAGA ecosystem. The post claimed that Kraken, a well-known cryptocurrency exchange, is interested in listing the token and caused ripples in the token community. The post included a photo showing Kraken branding adjacent to the caption, “Whose ready?” sparking speculation about the token’s listing on the exchange. Steven Steele, MAGA Marketing Exec, stoked the hype even more. However, neither Kraken nor the MAGA team has released an official statement on the listing.
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Whose ready? pic.twitter.com/nts8Pm7ARS
— MAGA Memecoin (@MAGAMemecoin) December 11, 2024
Kraken, which is known for its stringent token vetting process, has included TRUMP on its public roadmap along with a handful of other tokens. TRUMP’s appearance on the list could signal an imminent listing, especially as MAGA‘s marketing team is gearing up for some action.
Recent price action shows increasing interest in the TRUMP token, as there has been a decline in transfer count after Dec. 8., anticipating people in the community to expect a Kraken listing. Coupled with this, a significant divergence has been seen between active addresses and the price of the TRUMP token, since Dec. 9. As the price dropped from Dec. 9 to Dec. 10, the number of active addresses started to rise again after a short dip.
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The number of active and new addresses for the $TRUMP token shows fluctuating engagement levels, with notable spikes on December 5–7 and December 9, suggesting intermittent increases in community activity and interest in the ecosystem. Source: crypto.news
Starting Dec. 11, the amount of new addresses is also growing, which indicates that newcomers are getting involved in the TRUMP ecosystem, which is likely due to recent market speculations, like Kraken listing rumors. Newly opened addresses signal an expanding user base, demonstrating increased community interest in the token.
At the same time, the ever-present holders are still playing well with their coins, whether it be trading, staking, or something else. This correlation between new and active addresses indicates that TRUMP is not only drawing fresh attention but also sustaining activity within its own community.
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