#ILOVE$TRUMP
After a surprising endorsement from Trump.. The digital currency TRUMP jumps by more than 10%
#ILOVE$TRUMP The official meme coin of Donald Trump ($TRUMP) recorded a sharp increase of more than 10% to reach $12.25, following the former US president's post on Truth Social endorsing the digital currency, leading to a noticeable rebound in trading volume and market capitalization.
According to data from crypto.news, the currency surpassed the $12 mark, reaching its highest level at $12.25, before stabilizing at $11.94 at the time of writing, achieving gains exceeding 9% over 24 hours. Despite this rise, the currency still suffers from a monthly decline of over 26.4%.
Trump's support has also positively reflected on the market capitalization of the currency, which rose by 8.3% over the past day to reach $2.37 billion, after a period of stagnation. At the same time, daily trading volumes saw a massive jump of 375.1%, indicating a surge in investor interest following the former president's surprising post.
Trump had posted on Truth Social, which he established in 2022, a provocative comment saying: “I love $TRUMP — so amazing!!! The greatest of all time!!!!!!!!!!!!!!”, prompting investors to quickly engage with the currency.
After a surprising endorsement from Trump.. The digital currency TRUMP jumps by more than 10%
#ILOVE$TRUMP The official meme coin of Donald Trump ($TRUMP) recorded a sharp increase of more than 10% to reach $12.25, following the former US president's post on Truth Social endorsing the digital currency, leading to a noticeable rebound in trading volume and market capitalization.
According to data from crypto.news, the currency surpassed the $12 mark, reaching its highest level at $12.25, before stabilizing at $11.94 at the time of writing, achieving gains exceeding 9% over 24 hours. Despite this rise, the currency still suffers from a monthly decline of over 26.4%.
Trump's support has also positively reflected on the market capitalization of the currency, which rose by 8.3% over the past day to reach $2.37 billion, after a period of stagnation. At the same time, daily trading volumes saw a massive jump of 375.1%, indicating a surge in investor interest following the former president's surprising post.
Trump had posted on Truth Social, which he established in 2022, a provocative comment saying: “I love $TRUMP — so amazing!!! The greatest of all time!!!!!!!!!!!!!!”, prompting investors to quickly engage with the currency.