The Rise in Trump Coin Value Despite Market Instability
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What is driving the rise of Trump Coin?
Following the launch of a large number of tokens yesterday, the value of Trump Coin increased by nearly 10%. This event saw 40 million tokens enter trading, representing 4% of the total supply, raising the total traded tokens from 200 million to 240 million tokens.
Typically, token openings lead to price declines, but Trump Coin defied expectations by rising from $7.50 to $8.72, a notable increase exceeding 10%.