#Trump: I Love $TRUMP Recently, former U.S. President Trump posted a striking update on Truth Social:
"I love Trump coin, it's so cool! The best among them!"
This Trump coin was launched in January 2025 by the Trump Group on the Solana blockchain, named after Trump.
His public statement is quite significant; the price of Trump coin surged nearly 10% in a short time, and trading volume increased dramatically, showing how sensitive the market is to celebrity effects.
Trump is a globally famous political figure, and his words have a huge impact on the market.
This support for Trump coin has made this cryptocurrency a focal point for investors and sparked discussions about celebrity influence and emotion-driven trading.
Some investors feel that this means Trump is leveraging his influence to enter the digital asset space.
Who knows, there might be more political and business leaders joining the cryptocurrency market in the future.
However, price fluctuations caused by celebrity statements are generally difficult to sustain and carry significant risks.
There have been similar situations before, where prices quickly fell back after short-term speculation.
Therefore, investors need to rationally assess risks and not blindly chase high prices.
Overall, Trump's public support for Trump coin once again illustrates the substantial influence celebrities have on the market in the social media era.