Trump Coin Soars 23% in a Single Day! Is Political Meme Coin the New Favorite for Speculation? Beware of Volatile Price Swings

Market Update

TRUMP Coin surged 23.7% today, reaching a high of $15 (currently reported at $14.82), with a 24-hour trading volume surging threefold. On-chain data shows signs of accumulation at lower levels from some whale accounts, with the contract market experiencing liquidations amounting to $5 million in a single day.

Four Major Factors for the Surge

1. Campaign Effect Stimulus

Trump's latest poll numbers have risen, leading his supporters (the MAGA group) to flock in for speculation.

2. Rhetoric Catalysis

Trump has publicly discussed cryptocurrency multiple times recently, which the market interprets as a potential positive signal.

3. Capital Rotation Effect

During the sideways movement of mainstream coins like Bitcoin, speculative capital has shifted towards high-risk political-themed Meme coins, driving similar tokens like BODEN and MAGA to rise by 10%-15%.

4. Suspicions of Manipulation

On-chain data has detected that a certain whale address completed accumulation at lower levels before the price surge, similar operations have previously led to a 30% daily surge followed by a 50% drop the next day.

Risk Warning

Political Meme coins are essentially high-risk speculative assets, and price fluctuations are completely detached from fundamentals. Historical data shows that such assets often experience cliff-like declines due to single events or capital exits, so ordinary investors should carefully assess the risks.

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