President Donald Trump's recent endorsement of his meme coin, $TRUMP, as "the greatest of them all" on Truth Social led to a 12% price surge, reaching $11.91 during Asian trading hours. This endorsement triggered a trading frenzy, with volumes skyrocketing 288% to $1.22 billion, making $TRUMP the most traded meme coin of the day. However, the $TRUMP token has experienced significant volatility since its January launch, with its price dropping to around $17, resulting in cumulative losses of $2 billion for several investors. Despite this, the coin's market capitalization remains substantial, highlighting the ongoing interest and speculation in the cryptocurrency market.

Trump:ILOVE$TRUMP