Trump Token Sees Volatility After President’s Latest Interaction
Trump Token Linked to US President’s Inauguration
The controversial token linked to the US President, which saw the light of day just ahead of his inauguration, has gone through some Sunday volatility after Trump’s latest interaction.
- The asset rose by double-digits but then started to retrace minutes later, in what could be another volatile end of a weekend due to Trump.
Trump Token’s Previous Performance
Recall that the Official TRUMP token was released just a few days ahead of the January 20 inauguration of the 45th and the 47th US President. At the time, it skyrocketed in value, becoming at one point the second-biggest meme coin as it had neared the top 10 alts by market cap.
However, the introduction of MELANIA, alongside some of Trump’s controversial political decisions, brought TRUMP south hard. The overall market crash didn’t help either. In fact, the token dumped to as much as 90% away from its all-time high, marked on January 19.
Recent Developments
The past hour or so have been a lot more positive, which could be attributed to the President himself. Trump took it to his own social media to declare his admiration and love for the meme coin.
TRUMP’s price reacted with an immediate uptick that pushed it north by over 10%. It rose from under $11 to just past $12.3 to reach a weekly high.
Conclusion
The TRUMP token has seen significant volatility in recent times, with its price experiencing a double-digit rise followed by a retrace. The token’s performance is closely tied to the US President’s interactions, and its recent uptick can be attributed to the President’s latest social media post.
FAQs
What is the TRUMP token?
The TRUMP token is a cryptocurrency linked to the US President, released just ahead of his inauguration.
What is the current value of the TRUMP token?
The current value of the TRUMP token is around $12.3, having risen from under $11 after the President’s latest interaction.
How has the TRUMP token performed in the past?
The TRUMP token has experienced significant volatility, with its value skyrocketing to become the second-biggest meme coin before plummeting by 90% from its all-time high.
What is the reason behind the TRUMP token’s recent uptick?
The TRUMP token’s recent uptick can be attributed to the President’s latest social media post, in which he declared his admiration and love for the meme coin.
