TrumpS Remarks fuel Surge in Political Meme Coins, TRUMP Token Market Cap Tops $1.7 Billion
SEOUL, SOUTH KOREA – Cryptocurrency markets reacted sharply to recent remarks by former President Donald Trump, triggering a significant rally in meme coins themed around him. The official TRUMP token experienced a one-day surge of approximately 14%, pushing its market capitalization above $1.7 billion (2.2276 trillion won) and securing its position as the 5th largest meme coin by market cap, surpassing PUMP.
The rally followed Trump’s promises of potential dividends for citizens and his strong defense of tariff policies, labeling opponents as “fools.” this renewed investor interest in Trump-related digital assets highlights the growing intersection of politics and cryptocurrency, notably as the U.S. presidential election nears. The volatility demonstrates how a prominent political figure’s statements can directly influence the digital asset landscape, attracting both speculative investors and those seeking to capitalize on potential market momentum.
Beyond the TRUMP token, other related coins saw considerable gains. Super Trump (STRUMP),Pepe Trump (PTRUMP),and Sui Trump (SUITRUMP) all rose in value,with the Melania coin – modeled after former First Lady Melania Trump – jumping 11%. World Liberty Financial (WLFI), a digital asset with ties to the trump family, experienced the most dramatic increase, soaring 33% to $0.16 (approximately 216 won) and nearing a $4.5 billion (5.895 trillion won) market capitalization. Analysts suggest WLFI could possibly climb above $0.20 (270 won) after breaking its $0.15 (202 won) resistance level.
the TRUMP coin initially launched prior to the January inauguration and briefly surpassed SHIB in market capitalization, reaching $14.5 billion (18.9935 trillion won) before declining. its current rebound is drawing renewed attention from investors.The broader trend underscores the potential for political events and figures to act as catalysts within the cryptocurrency market,prompting increased scrutiny of Trump’s future statements and actions as the election cycle progresses.