Trump’s Crypto Policies Fuel Volatility: TRUMP Memecoin Sees Wild Swings
During Donald Trump’s first 100 days back in office, the cryptocurrency market saw dramatic activity. The TRUMP memecoin exhibited extreme volatility, directly influenced by Trump’s headline-grabbing policy moves and public statements.
The launch of the TRUMP memecoin coincided with Trump’s term, initially attracting heavy speculation that drove prices up rapidly. However, this bullish momentum proved unsustainable as market uncertainty triggered subsequent corrections.
Crypto traders closely tracked Trump’s pro-digital asset stance, with major market-moving events including a $500 billion AI investment initiative and the controversial pardon of Silk Road’s founder - both creating significant Ripple effects across crypto markets.