Here’s why Official Trump coin is up 20% today
The Official Trump coin (TRUMP) surged as much as 20% on Wednesday, October 29. As optimism over a potential new U.S.-China trade deal lifted sentiment across risk assets and a notable uptick in whale accumulation over the past week has also boosted the momentum, as large investors have upped their TRUMP holdings from 3.97 million to 4.88 million tokens in recent weeks. What’s more, World Liberty Financial, a decentralized finance protocol and cryptocurrency company founded by the president’s family, announced earlier today that it would distribute 8.4 million WLFI to early adopters of the USD1 stablecoin integrated with the Enso blockchain, adding another layer of connectivity to the TRUMP ecosystem. At the time of writing, the TRUMP token, officially classified as such, was trading at $8.41, up 17% on the day and 44% over the week. TRUMP 24-hour price. Source: Finbold Trump cryptos outpace the market The rally comes even as the broader crypto market ...