Trump Calls $TRUMP Memecoin “The Greatest Of Them All” As Token Price Pumps by 15%
Portfolio Pulse from
Donald Trump publicly endorsed the $TRUMP memecoin on Truth Social, causing a 15% price increase. The Solana-based token, created on January 17, has experienced high volatility but maintains significant market interest with over 650,000 holders. Despite being down 84% from its all-time high, the coin demonstrates potential resilience in the volatile meme coin market.
March 25, 2025 | 2:00 pm
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POSITIVE IMPACT
The $TRUMP token experienced a 15% price increase following Trump's enthusiastic social media post, highlighting the potential influence of celebrity endorsements in cryptocurrency markets.
Direct endorsement by a high-profile figure like Trump can create short-term price momentum for a meme coin, especially with his large social media following of 9.3 million on Truth Social.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100