Trump’s public endorsement of the $TRUMP memecoin triggered a $300 million surge, briefly pushing it above $12.25.
The token remains down 84% from its January peak, highlighting volatility and fading investor excitement.
The Trump (TRUMP) memecoin experienced a surge in popularity after receiving a direct endorsement from U.S. President Donald Trump.
The token is built on the Solana blockchain and is down 84% from its peak, with 200 million tokens released to the public out of a total supply of 1 billion.