Here’s why Trump meme coin exploded 70% in the present day – CoinJournal

Here’s why Trump meme coin exploded 70% in the present day – CoinJournal

  • The Official Trump (TRUMP) meme token has skyrocketed after a serious announcement.
  • With quantity spiking over 420%, TRUMP  is the top-gaining token among the many 100 prime cash.
  • The TRUMP meme token jumped from $9.30 to highs of $15.47.

The Official Trump (TRUMP) meme coin has surged to the highest of the leaderboard of greatest gainers among the many largest cash by market cap.

Good points occurred because the Bitcoin value spiked to $94k.

In line with information from CoinMarketCap, the TRUMP meme token shot up from $9.30 to highs of $15.47.

The greater than 70% spike within the meme coin’s worth got here amid a broader market bullish flip.

Nevertheless, the vertical flip for Official Trump adopted President Donald Trump’s provide of an unique dinner for prime holders of the meme coin.

This information, coupled with strategic adjustments to the token’s unlock schedule, is fueling upside strain for TRUMP.

Traders and supporters are probably flocking to the token as they attempt to land a spot at dinner with the US president.

TRUMP value chart by CoinMarketCap

Notably, the each day buying and selling quantity of TRUMP has jumped greater than 420% to over $3.2 billion.

Dinner with Trump

The announcement of an unique dinner with Donald Trump, set for Might 22, 2025, on the Trump Nationwide Golf Membership in Washington, D.C., despatched the crypto meme coin neighborhood right into a frenzy.

In line with particulars, the occasion will likely be open solely to the highest 220 $TRUMP token holders.

The invitation has intensified the shopping for strain as buyers scramble to rank increased.

Why else is the TRUMP value surging?

Including gasoline to the rally, the $TRUMP undertaking introduced a 90-day delay for its preliminary token unlock and the next three months of each day unlocks.

This transfer, designed to curb short-term promoting strain, indicators a dedication to long-term worth stability.

By suspending the discharge of recent tokens, the undertaking reduces the danger of oversupply, which might have dampened the worth surge.

Traders seem to view this as a bullish sign, with the delayed unlocks aligning neatly with the anticipation constructing towards the Might dinner.

The mixture of scarcity-driven tokenomics and the attract of eating with Trump has created an ideal storm for $TRUMP’s explosive efficiency.

Official Trump skyrocketed to $75.35 in January 2025 when Trump took over the US presidency for a second time period.

Nevertheless, amid the broader market downturn, the meme coin value fell to lows of $7.2.

The newest bounce solely sees the TRUMP value get well a fraction of its dip year-to-date, with the worth down 83% since its all-time excessive.

Trump’s rising embrace of cryptocurrency, regulatory shifts, and the dinner invite might spark a contemporary surge.

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