How $TRUMP Token Became the New Memecoin Sensation
Donald Trump just sent the $TRUMP token memecoin flying with a single post on Truth Social. After months of sluggish performance, the token suddenly surged 13% in just an hour, all thanks to Trump’s unexpected endorsement.
His post read: “I LOVE $TRUMP — SO COOL!!! The Greatest of them all!!!!!!!!!!!!!!!!” That was enough to send traders into a frenzy. The price shot up to $12.11, marking a 13% gain in a day. Market cap hit $2.42 billion, while trading volume exploded by 195%, reaching a staggering $830 million.
Before this, $TRUMP had been in a downtrend with barely any action. But with Trump’s stamp of approval, buyers rushed in, fueling the biggest pump in months. This isn’t the first time a memecoin has skyrocketed due to celebrity hype—Elon Musk has done it countless times with Dogecoin, and now Trump’s doing the same with his own namesake token.
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The broader crypto market is also looking perkier—Bitcoin, Ethereum, and Solana are all up, with the total market cap nudging higher by 1%. So, what’s the deal? Are we on the cusp of a proper bull run, or is this just another fleeting memecoin hype bubble? Or is $Trump Token really making it?