TRUMP Price: Presidential Endorsement Drives 12% Surge Amid Upcoming Token Unlocks
Portfolio Pulse from
The TRUMP token experienced a 12% price surge after President Trump's enthusiastic endorsement on Truth Social. Despite the boost, the token remains 85% below its all-time high. Upcoming token unlocks of 40 million TRUMP tokens valued at $472 million could create selling pressure, and House Democrats have introduced the MEME Act to prevent federal officials from profiting from meme coins.
March 24, 2025 | 10:45 am
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NEUTRAL IMPACT
The TRUMP token saw significant price movement following Trump's social media post, with trading volume exceeding $1 billion. However, upcoming token unlocks and potential regulatory actions may impact future price stability.
The token experienced a short-term price boost from Trump's endorsement, but upcoming token unlocks and potential regulatory challenges create uncertainty about sustained price appreciation.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100