$TRUMP Daily Increase of 12%: The Meme Coin Carnival Under Political Narrative and Capital Games
TRUMP's strong performance with a daily increase of 12.10% and a price breakthrough of $14.5 has once again become the focus of the cryptocurrency world. As a Meme coin launched by former U.S. President Trump, TRUMP's surge reflects the deep penetration of political narratives into the cryptocurrency market and exposes the inherent nature of the Meme coin sector as 'high volatility, high risk.'
Today's Core Market Data: Price and Market Sentiment Resonance Price and Market Capitalization
Current Price: $14.50
Market Capitalization: $2.88 billion, Circulation: 199.99 million coins
24-hour Trading Volume: $1.86 billion, Turnover Rate: 64.80%, Capital Activity far exceeds the industry average.
Trump's Dinner Sparks FOMO Sentiment Event-Driven: On May 22, the official TRUMP coin announced that the top 220 holders would be invited to a private dinner with Trump, with the top 25 also getting a tour of the White House. This news directly ignited market sentiment, pushing the coin's price to surge 12% in a single day.
Data from crypto intelligence company Inca Digital shows that investors spent approximately $148 million to buy TRUMP coins to compete for dinner entry eligibility, becoming the core driving force behind this surge.
TRUMP coins are unstable; they heavily rely on Trump's personal influence. If the political narrative cools down or there is negative public sentiment, the coin's price may drop significantly.
The surge of TRUMP coins signifies a deep binding between the cryptocurrency market and political narratives, but this binding also amplifies market risks. Investors need to find a balance between political dividends and speculative risks to avoid being swayed by FOMO sentiment.
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