The meme coin market just got a major jolt!
$TRUMP, the meme token inspired by former U.S. President Donald Trump, soared over 70% after Trump announced plans to host exclusive gala events for top investors backing his campaign. This bold move further cements Trump's emerging pro-crypto stance, sparking excitement across the crypto community.
While many traders celebrated the surge, some industry veterans raised concerns, labeling the move as more political showmanship than genuine crypto support. Nonetheless, the rally underscores how powerful political narratives are becoming in driving market sentiment — especially in the high-energy meme coin sector.
Key Highlights
$TRUMP price exploded over 70% after gala event announcement.
Trump's campaign continues to align with pro-crypto messaging.
Industry experts divided: genuine support or publicity stunt?
With the 2024 election buzz growing and crypto policy debates heating up, meme coins tied to political figures could see extreme volatility ahead. Stay ready for the next wave!