Match-Prime has joined the Trump-themed cryptocurrency market by launching CFDs (Contracts for Difference) tied to the Trump ($TRUMP) and Melania ($MELANIA) coins. These meme coins were introduced by former U.S. President Donald Trump and his wife, Melania, gaining traction among traders. Match-Prime’s move aligns it with platforms like eToro and Robinhood, which have embraced this growing trend.
In a LinkedIn post, Match-Prime encouraged brokers to offer these CFDs, emphasizing their popularity. The company described the launch as a chance for brokers to excel in a competitive environment by providing trending instruments to clients.
Growing Appeal of Trump-Themed Cryptos
“Forex brokers, your time is now! We’ve introduced CFDs for Trump and Melania coins, which are already creating a buzz,” Match-Prime announced. The company called on brokers to “stay ahead” by partnering with Match-Prime to deliver these high-demand instruments.
The $TRUMP coin launched just before Donald Trump’s inauguration, generating significant interest. Melania Trump introduced $MELANIA soon after, adding momentum to the trend. Despite their volatility, both coins gained attention during Bitcoin’s surge to nearly $110,000.
Price Fluctuations of $TRUMP and $MELANIA
The $TRUMP coin saw its price spike to $74 before falling to $38 after $MELANIA was announced, eventually recovering to $63. Currently, $TRUMP trades at $39.46, reflecting a 4% daily drop but a 500% weekly gain. Meanwhile, $MELANIA debuted at $3.90 and has experienced sharp declines, losing 29% in one day and 46% over the week.
Match-Prime noted these coins represent engagement with the ideals they symbolize rather than traditional investments. However, their popularity underscores growing interest in unconventional cryptocurrency assets.
By introducing these CFDs, Match-Prime aims to equip brokers with tools to thrive in a competitive market while meeting the rising demand for innovative financial products.
