Donald Trump's new meme coin, OFFICIAL TRUMP (TRUMP), is regaining momentum after a recent setback due to Melania Trump's token launch. Meanwhile, Trump's return to the White House adds to market excitement.
OFFICIAL TRUMP Rises
Launched just days before Trump's return to the White House, the OFFICIAL TRUMP token is recovering rapidly with gains of over 23% in the past 24 hours, regaining the $60 mark. The trading volume surged by 345% to $52.4 billion, with a market cap of $11.67 billion. However, after the launch of Melania's token (MELANIA), TRUMP's price fell from $75 to the $34 area.
Trump Sets the Tone for 2025
Branding himself as the 'crypto president,' Trump promises executive orders to ease regulations and boost adoption. Key crypto figures are closely monitoring the administration's actions. Goldman Sachs warns of potential market volatility as Trump's tariff policies come into focus.
Crypto Market on the Rise
Bitcoin's price has surged more than 80% since November. As of the latest data, it traded at an average price of $108,037, setting a new all-time high of $109,114 on Monday. The total crypto market has increased by 3% over the last day to $3.73 trillion.
Despite challenges, Donald Trump's meme token continues to make positive strides toward recovery, as crypto markets welcome his return.
