Key Political Events and $TRUMP Price Reactions
$TRUMP coin, a Solana-based meme token, shows strong volatility tied to Donald Trump's political milestones, often surging on positive hype before sharp corrections.
Assassination Attempt (July 2024)
Trump-themed meme coins, including precursors to $TRUMP, spiked immediately after the Pennsylvania rally shooting. MAGA (TRUMP) jumped 30% from $6.31 to $10.36 in minutes, boosting market cap from $293M to $469M, as investors bet on his election odds.
Election Win (November 2024)
Post-victory, anticipation drove early pumps, with Bitcoin surpassing $100K and broader crypto adding $1T. $TRUMP benefited from Trump's pro-crypto pledges like Bitcoin reserves.
Launch and Inauguration (January 17-20, 2025)
Launched January 17 with a fist-raise logo, $TRUMP debuted at ~$10, soared 300%+ to ATH $75.35 by January 19 (market cap $14.5B), then hit $74.59 on inauguration day amid Crypto Ball hype. It traded at $33-42 post-event before plunging 63% in 10 days, wiping $9.4B.
Trump Endorsements and Events
March 23 Truth Social shoutout lifted price 11% from $10.91 to $12.11 (+$400M cap). April 22 dinner announcement for top holders surged it 60%.
Later Declines
Euphoria faded by February with crypto tumble; recent market rout dropped it 25% since August amid tariffs and probes.
#TRUMP #TrumpCoin #MemeCoin #CryptoPolitics
