TRUMP memecoin grew in value by 20%

Note: not financial advice!

The TRUMP meme-coin has skyrocketed by 20% after Donald Trump personally praised it on his account on the Truth Social platform. The former US president called the token «very cool» and «the best of all», which provoked a sharp rise in price and interest among investors.

In just a few hours, TRUMP’s price rose from $ 10.9 to almost $ 13, and its capitalization added $ 400 million. However, even after this jump, the token remains far from its historical high of $ 75. The significant increase in interest demonstrates the influence of politicians on the crypto market, as it was Trump’s words that caused such a surge in trading.

TRUMP Memecoin has a fixed issue of 1 billion tokens. Of these, only 200 million are in circulation, and the remaining 800 million are blocked for three years. This means that the gradual unlocking of tokens in the future could cause price fluctuations, adding to the risks for investors.

Despite the recent revival, the future of TRUMP remains in question. The market has already seen a sharp drop in the token following the launch of another political meme coin, MELANIA, in honor of Melania Trump. Its entry into the market dropped TRUMP by almost 50%.

No Worries strongly advises readers not to invest in dubious crypto projects and little-known digital assets!