Donald Trump Promotes $TRUMP Coin, But Investor Interest Remains Lukewarm

Donald Trump, famous for his outspoken social media posts, recently shared about the cryptocurrency $TRUMP, calling it “SO COOL” and “the best of them all.”

The Trump meme coin ($TRUMP), officially linked to President Donald Trump, experienced a nearly 10% surge compared to previous values. This follows a bullish post from the President regarding the controversial meme coin on his social media platform, Truth Social.

The post from Donald Trump, famous for his outspoken presence on social media, saw him share about the cryptocurrency $TRUMP, calling it “SO COOL” and “the best of them all.” Typically, this kind of endorsement from a former president would lead to a big increase in price. However, in this case, the $TRUMP price barely changed, only rising by about 12%.

“Great evening, everybody! They’re saying that the TRUMP coin is "SO COOL" and "the best of them all." Especially when compared to some of the other "STUPID" coins out there. This is what they’re saying, and they may be right. Never thought I’d get involved in ‘coins,’ but they’re making some of the best products. Enjoy!”-President Trump

Similar messages in the past, especially during the 2021 market boom, caused meme coins like Dogecoin (DOGE) to soar by hundreds of percent. A single tweet from Elon Musk could add 300%-400% to Dogecoin’s price in just hours.

After Trump’s post, the price of the Trump meme coin jumped roughly 12%, climbing from a low of $10.69 to a high of $12.27, a level not seen in over a week. The post also helped increase trading volume by 218% in the last 24 hours and reached $992.58 million, according to CoinMarketCap.

However, the token struggled to stay above $12.3 as selling pressure pushed the price down. It is now trading at $11.44, nearly $1 less than right after the post.

This outcome was disappointing for many analysts and crypto fans, who expected a stronger reaction. The underwhelming market response raised concerns about investor interest and market liquidity.

Furthermore, the downward trend continued after worries spread on Twitter about upcoming Trump token unlocks. On April 18, 2025, 40 million tokens, which make up 4% of the total supply, are set to unlock. This could increase the market’s supply and cause the price to drop. Many believe Donald Trump is trying to boost the price of the T$RUMP coin before this large unlock.

$TRUMP coin, a meme token tied to Donald Trump, has $1.5 billion in tokens set to unlock on April 18, 2025.

That could flood the market with supply. Is the President’s post a pump for exit liquidity? What a time to be alive..

The post Trump (R E A L) M.E.N.U.: 4% Trump Token Unlocks In 2025 As Token Price Remains Bounded appeared first on Useful Tips.

The post Donald Trump Promotes $TRUMP Coin, But Investor Interest Remains Lukewarm appeared first on Benzinga.

The above is the detailed content of Donald Trump Promotes $TRUMP Coin, But Investor Interest Remains Lukewarm. For more information, please follow other related articles on the PHP Chinese website!