#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 rise of over 10% to reach $12.25 after the former American president posted a message on the Truth Social platform endorsing the digital currency, which led to a noticeable recovery in trading volume and market value.

According to data from crypto.news, the currency surpassed the $12 mark, reaching a peak of $12.25, before stabilizing at $11.94 at the time of the report, achieving gains exceeding 9% over 24 hours. Despite this rise, the currency is still experiencing a monthly decline of over 26.4%.

Trump's support has also positively reflected on the currency's market value, which increased by 8.3% over the past day to reach $2.37 billion, following a period of stagnation. At the same time, daily trading volumes saw a massive jump of 375.1%, indicating a surge.

Trump had posted on the Truth Social platform, which he founded in 2022, a provocative comment stating: “I love $TRUMP — so awesome!!! The greatest of all time!!!!!!!!!!!!!!!!”, prompting investors to quickly engage with the currency.

It is worth noting that Truth Social is a social media platform belonging to the Trump Media & Technology Group, and Trump relies on it to express his opinions and publish his statements away from traditional platforms, which gives his posts an influential impact.