The post Why Is TRUMP Coin Going Up Today? appeared first on Coinpedia Fintech News
The TRUMP memecoin, linked to the U.S. President Donald Trump is making serious headlines after soaring over 60% in a single day.
The meme coin skyrocketed past $16 with over 58% rise after Trump announced to host an exclusive dinner for the top $220 TRUMP coin holders which sparked excitement in the community. The coin had recently dropped 88%, and yesterday it saw a strong recovery. It is currently trading at $12.22, up over 30%.
Is The Hype Real?
Analyst Greg Miller opened up about the key developments on Trump Media like the upcoming crypto ETFs from Crypto.com and Yorkville, legal backing from top firm Davis Polk, and the launch of a USD1 stablecoin backed by U.S. Treasuries. With a market cap now at $2.58 billion and trading volume surging to $1.41 billion, the hype is real, and so is the liquidity.
With over 205K coins unlocking daily until July 18, 2025, some warn that the surge c
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