🚀 $TRUMP – Meme Coin with Momentum 🚀
$TRUMP, the official meme token tied to Donald Trump, is experiencing renewed traction. Currently trading around $10.91–$10.93, it saw a modest +1–1.2% bump today and has climbed +14–17% this week
📈 What’s fueling the rally?
Major unlock event: A significant token unlock (~90 million TRUMP tokens) hit the market, boosting liquidity even amid selling pressure
High-profile investor activity: Justin Sun reportedly added another $100 million worth of TRUMP to his already substantial holdings.
Regulatory tailwinds: Under Trump’s presidency, crypto friendliness is on the rise—sandboxed regulation, stablecoin legislation (GENIUS Act), and deregulation in motion
⚠️ Risks worth noting:
While political and speculative narratives drive hype, broader concerns linger — including ethics and conflict-of-interest issues cited by watchdogs