$TRUMP On January 18, 2023, the TRUMP coin, a personal meme coin launched by Donald Trump, the elected President of the United States, gained significant attention in the cryptocurrency market, particularly against the USDT pair. After its launch, the market response was enthusiastic, with Huobi listing the token, resulting in a peak increase of 1250%, with a quote of 21 USDT. USDT, or Tether, is currently the highest market capitalization stablecoin, launched by Tether, pegged to the US dollar, where 1 USDT is always equivalent to 1 dollar, and is widely used as a measure of value and medium of exchange in cryptocurrency trading.
As of May 7, 2025, the exchange rate of TRUMP to USDT is 0.18720, meaning 1 USDT is approximately equal to 5.34 TRUMP coins.
The trading pair formed by TRUMP and USDT provides investors with a way to trade the highly volatile TRUMP coin using the relatively stable USDT. For example, on some trading platforms, investors can use their USDT to purchase TRUMP coins, anticipating an increase in TRUMP coin prices, and sell them later at a higher price to exchange for more USDT to profit; conversely, if they believe the price of TRUMP coins will decline, they can sell their TRUMP coins for USDT to avoid asset depreciation. However, it is important to note that TRUMP, as a meme coin, experiences extreme price fluctuations, such as a drop of over 15% on February 25. Participating in trading the TRUMP and USDT pair carries significant risks. If you would like to further understand the background, trading mechanisms, and other aspects of TRUMP and USDT, I can expand on more related knowledge for you.