Trump's $TRUMP Meme Coin Surges 10,000%

user avatar

by Giorgi Kostiuk

2 years ago

The official meme coin of newly elected U.S. president Donald Trump, named 'Official Trump' ($TRUMP), became an Internet sensation within 24 hours, showing a 10,000% increase.

Rapid Rise of $TRUMP

On Saturday morning, Donald Trump took to the social network X to announce the launch of his official token, referring to himself as the 'crypto president'. Within hours, the coin significantly increased in value, defying all analysts' speculation. Starting at $0.18, $TRUMP quickly climbed above $1 in the first trading hours, and by morning had surpassed the $10 mark.

Market Reaction and Traders

At its current price, the token's value reached $24.38 before settling around $20. According to DexScreener data, $TRUMP's 24-hour trading volume reached $1.98 billion. This also garnered significant investor interest, with the number of token holders exceeding 335k within one day.

Future Predictions

Currently, it's challenging to predict the future of $TRUMP, but its initial trends show potential to reach $30-$40 over the weekend, and possibly $50 next week if market sentiment persists. On Monday, Donald Trump is set to officially take office, which may further impact the token's value.

The launch of Donald Trump's meme coin has generated significant interest among investors and traders, showing a fantastic surge in a very short period. The future of $TRUMP is now actively discussed and under close scrutiny.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

XRP's Technical Indicators Point to Potential Bullish Momentum

XRP's technical indicators suggest a possible bullish crossover, despite a bearish death cross setup.

user avatarMaya Lundqvist

Crypto Market Sees Recovery as Bitcoin Surges Above 80,000

Crypto traders are feeling more optimistic today as Bitcoin has climbed back above 80,000 after a tough period marked by a Federal Reserve rate hike and a Senate vote against the Clarity Act.

user avatarLeo van der Veen

US Treasury Targets BitBank in Sanctions Evasion Crackdown

The US Treasury has sanctioned BitBank, an Iranian exchange involved in facilitating Bitcoin payments for shipping companies in the Strait of Hormuz.

user avatarLi Weicheng

Solana Reclaims 105 Price Level After Market Dip

Solana's price recently fell to 96 after a marketwide dip but has since rallied to reclaim the 105 mark, experiencing a 56% increase in the last 24 hours.

user avatarAisha Farooq

MEXC Launches 'Trading Takes Two' Campaign to Showcase AI Capabilities

MEXC is launching a month-long campaign titled 'Trading Takes Two' to showcase how MEXC AI supports users in their trading journey.

user avatarTenzin Dorje

HTX Research Highlights Risks in Stock-Linked Memecoins

HTX Research's report highlights the risks of stock-linked memecoins, focusing on misleading high APY figures and the importance of understanding market conditions.

user avatarBayarjavkhlan Ganbaatar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.