Amidst the broader market recovery, MOG TRUMP [TRUMP] has surged over 50% in the past 24 hours, according to CoinGecko.
Amidst the broader market recovery, MOG TRUMP [TRUMP] has surged over 50% in the past 24 hours, according to CoinGecko.
Trading at $0.04075 at press time, this memecoin’s rise has been fueled by former President Donald Trump’s continuous support for cryptocurrency during his election campaign.
Despite being ranked #713 on CoinGecko as of the 9th of August, MOG TRUMP has made headlines due to its significant 24-hour hike.
It outpaced top memecoins like Dogecoin [DOGE], Shiba Inu [SHIB], and Bonk [BONK], which have seen only single-digit gains in the same period.
This sudden hike can be attributed not only to President Trump, but also to his family’s increasing involvement in promoting cryptocurrency on social media.
For instance, Donald Trump Jr. recently posted on X (formerly Twitter),
Source: Donald Trump Jr./X
The recent moves by the Trump family have sparked speculation about their下一步 cryptocurrency plans. Following Donald Trump Jr.’s announcement, several X users have commented on the possibility of the Trump family launching their own memecoin, given the timing of the election.
However, there has been no official confirmation of such plans from the Trump family or their associates.
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