$TRUMP Surges Over 10%! Trump's Endorsement Acts as a Catalyst!
TradingKey - Influenced by President Trump's endorsement, $TRUMP surged 11%, but can the rally continue?
On the evening of March 23, following an endorsement from President Trump, the TRUMP coin surged more than 11%, jumping from a low of around $11 to a high of $12.24. Subsequently, the price later retraced to $11.28 but since gradually rebounded, now trading around $11.8.
$TRUMP Price Chart, Source: CoinMarketCap.
Trump posted on his social platform Truth, stating, "I love TRUMP coin—so cool!!! The greatest of them all!!!!!!!!!!!!!!!"
Content Posted by Trump, Source: Truth.
Although $TRUMP experienced a noticeable pullback after the initial spike, it did not return to pre-endorsement levels. The coin's gradual recovery this morning suggests that buyers may be stepping in to support the price—an indication that the rally could have more room to run.
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