- $TRUMP surged 8% after Donald Trump endorsed the meme coin on TruthSocial.
- Trading volume spiked to $1.5B, but whale losses highlight the token’s high-risk nature.
- New altcoin BTCBULL is gaining traction with deflationary tokenomics and Bitcoin-linked rewards.
Well, it happened—President Donald Trump just promoted his own meme token on TruthSocial, and as you’d expect, the market didn’t waste a second reacting. The coin, simply named $TRUMP, spiked 8% in 24 hours, peaking at around $12.25 before dipping slightly to hover near $11.90.
Trump’s post was short and classic Trump. He called the token the “Greatest of them all” and said he “loves” it. That one little truth-post sent $TRUMP flying.
Meme Power or Market Noise?
Of course, not everyone’s thrilled. Critics say it’s self-serving, unethical even—but the market didn’t care. The coin, which ranks as the 53rd-biggest token, outperformed most of the market that day.
Even with recent gains, though, $TRUMP is still down 27% over the past month, and sits a staggering 84% below its all-time high of $73.43. So yeah, it’s still deep in recovery territory.
But here’s the kicker: its RSI jumped from 40 to 60, and its 30-period MA is climbing back toward the 200-period MA, both signs that $TRUMP might be setting up for a more bullish stretch.
Volume Spikes & Whale Games
Trading volume tells the story too—$300 million to $1.5 billion in a day, which is a massive uptick. Whales noticed. One even dropped $5 million USDC right after Trump’s post… then sold an hour later and lost $207K. Ouch.
That’s a good reminder: meme coins are risky, even when they have a former president boosting them.
Still, with Trump showing willingness to shill it himself, more posts could follow. If you’re into wild swings and calculated risks, $TRUMP might be worth a look—just, you know, tread carefully.
Meanwhile: A New Altcoin with Substance?
If you’re tired of meme coin chaos and want something with a bit more backbone, a new token called Bitcoin Bull (BTCBULL) is making waves.
It’s got deflationary tokenomics tied to Bitcoin price milestones, a hard cap of 21 billion, and even BTC airdrops for holders every time BTC hits big price levels (like $150K, $200K, etc).
The presale has already raised over $4 million, and at a current price of $0.002425, it’s catching attention fast. That price bumps up again tomorrow, so if you’re the early-bird type, might be worth checking out.
Bottom line: whether you’re chasing meme coin momentum or eyeing long-term plays, the crypto market isn’t slowing down—and neither is the drama.
