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TRUMP Memecoin Pumps After U.S. President Calls It The ‘Greatest Of Them All’
President Donald Trump recently endorsed the $TRUMP memecoin on social media, calling it "so cool" and "the greatest of them all."
“I LOVE $TRUMP — SO COOL!!! The Greatest of them all!!!!!!!!!!!!!!!!” Trump wrote on March 23.
His endorsement on March 23 led to a surge in the coin’s price, adding $300 million to its market cap.
The Solana-based $TRUMP token, launched just before Trump’s inauguration, quickly rose to a high of $12.25, but later retreated slightly. The token, with a total supply of 1 billion, has gained popularity despite controversy and is not classified as a security by the SEC. Trump’s support aligns with his broader goal of making the U.S. a “Bitcoin superpower.”
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