The Trump meme coin ($TRUMP), officially associated with President Donald Trump, surged by almost 10% compared to previous values following a bullish post from the President regarding the controversial meme coin on his social media platform, Truth Social.
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.” This kind of endorsement from a former president usually leads to a big increase in price. However, this time, the $TRUMP price barely changed, only rising by about 12%.
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. Meanwhile, the post 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 $1 less than right after the post.
This outcome was disappointing for many analysts and crypto fans. They expected a stronger reaction. The underwhelming market response raised concerns about investor interest and market liquidity.
Furthermore, the downward trend continued after worries spread on Twitter about upcoming Trump token unlocks. On April 18, 2025, 40 million tokens, which make up 4% of the total supply, are set to unlock.
This could increase the market’s supply and cause the price to drop. Many believe Donald Trump is trying to boost the price of the T$RUMP coin before this large unlock.
Can $TRUMP Price Reclaim its ATH Soon?
It is unlikely that the TRUMP meme coin will reach a new all-time high soon. The price has dropped by 84.89%, from a high of $75.35 on January 19, 2025, to just $11.44 now. To reach that high again, the price needs to increase by at least 558.06%, a challenging feat given the current market conditions.
Investors are also worried about the token’s long-term future as Donald Trump’s organization continues to hold 80% of the token supply.
Moreover, the cryptocurrency market has evolved since $TRUMP’s peak. Investors seem to be now more cautious and are looking for projects that have real value.
Forecasts suggest the $TRUMP coin could rise if included in the Strategic Crypto Reserve. However, returning to its previous high would need significant changes in the market, more money flowing in, and renewed interest from investors. Considering the current market, hitting new highs soon seems challenging.
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