$TRUMP Price Pumps 13% in an Hour After Truth Social Post
Donald Trump simply despatched the $TRUMP memecoin flying with a single submit on Fact Social. After months of sluggish efficiency, the token all of a sudden surged 13% in simply an hour, all due to Trump’s surprising endorsement.
His submit read: “I LOVE $TRUMP — SO COOL!!! The Best of all of them!!!!!!!!!!!!!!!!” That was sufficient to ship merchants right into a frenzy. The worth shot as much as $12.11, marking a 13% acquire in a day. Market cap hit $2.42 billion, whereas buying and selling quantity exploded by 195%, reaching a staggering $830 million.
Earlier than this, $TRUMP had been in a downtrend with barely any motion. However with Trump’s stamp of approval, patrons rushed in, fueling the most important pump in months. This isn’t the primary time a memecoin has skyrocketed as a result of superstar hype—Elon Musk has carried out it numerous occasions with Dogecoin, and now Trump’s doing the identical together with his personal namesake token.
The crypto market’s trying perkier currently—Bitcoin, Ethereum, and Solana are all up, and the overall market cap’s nudged greater by 1%. So, what’s the deal? Are we on the cusp of a correct bull run, or is that this simply one other fleeting memecoin hype bubble?
Additionally Learn: XRP price will hit $20 says Bitcoin advocate Davinci Jeremie
