Trump publicly endorses TRUMP coin on Truth Social, token jumps 10%
Portfolio Pulse from
Donald Trump publicly endorsed the $TRUMP token on Truth Social, describing it as 'so cool' and 'the greatest of them all', causing an immediate 10% price surge. The token, launched on the Solana blockchain with a total supply of 1 billion tokens, has experienced significant price volatility, previously reaching a market cap of over $15 billion.
March 23, 2025 | 4:30 pm
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POSITIVE IMPACT
The $TRUMP token experienced a 10% price increase following Trump's direct social media endorsement, highlighting the token's volatility and connection to Trump's brand.
Direct presidential endorsement typically drives short-term price appreciation, especially in a speculative crypto asset closely tied to a personal brand.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100