The Official TRUMP Meme Coin Finds Favor With Bulls, Here’s Why
The OFFICIAL TRUMP meme coin has surged 16% in 24 hours, marking its seventh consecutive day of gains since October 23. Trading at $8.3, the coin’s 47% weekly rally erased losses from September’s flash crash.
Robust volume accompanied the rally, though no direct catalysts were apparent. Market observers note a correlation with shifting sentiment as former U.S. President Donald TRUMP signaled potential tariff easing on China. The uptick coincided with preparations for Trump’s upcoming talks with Chinese President Xi Jinping.
Unlike major cryptocurrencies that struggled against bearish pressure, the politically themed meme coin defied market trends. Its resurgence highlights how geopolitical narratives can drive speculative crypto assets independently of broader sector performance.