The TRUMP (OFFICIAL TRUMP) token has been listed for spot trading, providing a new digital asset option for traders and enthusiasts. This official meme token offers a unique blend of cultural relevance and digital utility within the cryptocurrency ecosystem.
Key Listing Timeline and Schedule
To ensure a smooth and orderly market debut, the token follows a structured rollout plan. Adhering to this schedule helps manage initial volatility and protects participant interests.
- Deposits Open: January 19, 2025, at 11:00 AM (UTC+8)
- Call Auction Period: January 19, 2025, from 12:00 PM to 1:00 PM (UTC+8)
- TRUMP/USDT Spot Trading Begins: January 19, 2025, at 1:00 PM (UTC+8)
- Withdrawals Open: January 19, 2025, at 5:00 PM (UTC+8)
Important Risk Management Rules for Launch
New token listings often experience significant price fluctuations. To safeguard investors during this initial phase, specific trading restrictions are temporarily implemented.
Order Restrictions (First 5 Minutes of Trading)
For the first five minutes after spot trading commences, the following protections are active:
- Market order trading is not permitted.
- The maximum amount per limit order is $10,000.
These initial restrictions are automatically lifted after the five-minute period concludes.
Price Limit Rules
If an index price is available for the trading pair, a price limit mechanism is activated to maintain market stability. The rules are designed to prevent extreme price deviations.
| Trading Phase | Highest Buy Order Limit | Lowest Sell Order Limit |
|---|---|---|
| First 10 Minutes After Listing | Index Price * (1 + X) | Index Price * (1 - X) |
| After First 10 Minutes | A calculated range based on the index price and moving averages. | A calculated range based on the index price and moving averages. |
Note: The parameters X, Y, and Z are adjusted based on prevailing market conditions to ensure they remain effective.
Understanding the Call Auction Mechanism
The TRUMP/USDT listing utilizes a one-hour call auction period before continuous trading begins. This mechanism allows for orderly price discovery.
During the call auction, traders can submit buy and sell orders at their desired prices based on the announced trading parameters. The system collects all these orders and uses a predefined algorithm to calculate a single, fair reference opening price. This process helps establish a more stable initial market price by aggregating the intent of all participants.
It's important to note that the project team may provide a separate reference opening price based on their valuation. This price is for informational purposes only. The actual trading price is determined by the call auction and subsequent market activity, not the project's suggestion. Your order prices are executed based on the market's collective actions. 👉 Explore more trading strategies
TRUMP (OFFICIAL TRUMP) Token Overview
TRUMP is an official meme token, representing a new category of digital assets that leverage internet culture and popular recognition.
- Full Name: OFFICIAL TRUMP
- Ticker Symbol: TRUMP
- Total Supply: 1,000,000,000 tokens
- Contract Address: 6p6xgHyF7AeE6TZkSmFsko444wqoP15icUSqi2jfGiPN
Frequently Asked Questions
What is a call auction in cryptocurrency trading?
A call auction is a process where buy and sell orders are gathered for a set period before trading officially begins. The system then matches these orders to determine a single opening price, which can help reduce initial volatility compared to a standard open.
Why are there trading restrictions for a new token?
Newly listed tokens are prone to extreme price swings due to high initial demand and speculation. Temporary rules, like limiting order amounts and disabling market orders, protect investors from executing trades at unexpectedly unfavorable prices during this chaotic period.
Is the project team's suggested opening price binding?
No, the opening price provided by the project team is merely a reference point based on their internal valuation. The actual market-determined price, established through the call auction and trading activity, is what governs all executions.
How can I stay updated on new token listings?
The best way to stay informed is to follow official announcements from major trading platforms. Many offer notification services for new asset listings and trading pairs. 👉 View real-time listing updates
What is a meme token?
A meme token is a type of cryptocurrency that is inspired by or associated with internet memes, jokes, or cultural figures. Their value is often driven more by community sentiment, viral trends, and social media attention than fundamental technological utility.
When can I withdraw my TRUMP tokens after buying?
Withdrawals for the TRUMP token are scheduled to open on January 19, 2025, at 5:00 PM (UTC+8). You will not be able to transfer tokens to an external wallet until this time.