On March 23, the price of TRUMP Token suddenly surged by more than 12% in a short period, reaching a high of $12.15. This price increase pushed TRUMP's market Capital to around $2.195 billion, attracting the attention of cryptocurrency investors.
The reason may stem from the post by US President Donald Trump on the Truth Social platform. In the post, Trump expressed his love for the TRUMP Token with the statement:
"I LOVE $TRUMP—SO COOL!!! The Greatest of them all!!!!!!!!!!!!!!!!"
The post quickly attracted attention from the community, creating a FOMO effect that increased demand for TRUMP. This is not the first time an influential figure has impacted the cryptocurrency market. Statements or actions related to tokens often stimulate significant price volatility, especially for highly speculative tokens like TRUMP.
