Trump boosts $TRUMP memecoin by $400 million with Truth Social post, sending price careening
Portfolio Pulse from
President Trump's rare direct endorsement of the Official Trump memecoin on Truth Social triggered a significant price surge and trading volume spike. The token's price jumped from $10.91 to $12.11 before settling around $11.46, representing a market cap increase of approximately $100 million.
March 23, 2025 | 6:30 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Presidential social media promotion caused immediate price volatility, with a sharp initial rise followed by partial retreat
Direct presidential endorsement created immediate market interest, driving trading volume and short-term price appreciation
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100