- Significant investment activity has driven TRUMP’s price to an all-time high, reflecting strong market interest.
- Donald Trump’s endorsement has significantly boosted the popularity and value of the TRUMP memecoin.
- The surge in TRUMP and similar tokens highlights the link between political actions and cryptocurrency market dynamics.
TRUMP’s price surged to an all-time high today, driven by significant investments and political endorsements.
According to Lookonchain, an investor recently withdrew 1.16 million USDT from Binance and invested 1.15 million USDT to acquire 118,671 TRUMP tokens, securing an unrealized profit of $540,000. This spike in value reflects the growing influence of Donald Trump’s support for cryptocurrencies, underscoring the powerful intersection of politics and digital assets.
The price of $TRUMP has reached an all-time high again today!Someone withdrew 1.16M $USDT from #Binance and spent 1.15M $USDT to buy 118,671 $TRUMP at an average price of $9.69 in the past two weeks.
He has an unrealized profit of $540K on $TRUMP currently.… pic.twitter.com/NUGarQmBOT
— Lookonchain (@lookonchain) May 29, 2024
Donald Trump’s on-chain holdings …
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