Official Trump (TRUMP) recovers after Donald Trump mentions ticker on Truth Social
Portfolio Pulse from
Donald Trump endorsed the TRUMP meme token on Truth Social, causing a 10% price rally to $12.25. The token experienced rapid open interest growth from $223M to $323M, with $1.6M in short liquidations. However, the rally was short-lived, and the token remains volatile, with upcoming token unlocks potentially impacting its price.
March 24, 2025 | 11:45 am
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NEUTRAL IMPACT
Direct endorsement from Donald Trump caused a 10% price increase, but the rally was short-lived. Token faces potential price pressure from upcoming token unlocks.
Trump's endorsement provided a temporary price boost, but the limited rally and upcoming token unlocks suggest neutral to potentially negative short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100