TRUMP Token’s Spectacular Rise After Being Praised by the US President at the End of March 2025! What’s Up?

Updated

March 25, 2025

Gambar TRUMP Token’s Spectacular Rise After Being Praised by the US President at the End of March 2025! What’s Up?

Jakarta, Pintu News – TRUMP token, a digital currency associated with US President Donald Trump, experienced a significant price increase after a post on Truth Social.

In the post, Trump referred to the token as “the greatest of all” and “cool”. Data from CoinGecko shows that the token rose 12% to around $12.25 just minutes after the post. Despite the massive sell-off, TRUMP tokens are now trading at $11.91, up about 9%.

Market Reaction and Comparison with Other Assets

The rise in the price of TRUMP tokens not only caught the attention of investors but also reflected the volatility that often occurs in the cryptocurrency market. Compared to other digital assets on the same day, TRUMP token became the best performing asset in Asia. In comparison, Ethereum was up 8.9%, Bonk was up 8%, and Mantle (MNTL) was up 7%.

Meanwhile, the CoinDesk 20, which measures the performance of the largest digital assets, only rose by about 2%. Since its launch in January, the TRUMP token has experienced dramatic ups and downs. It briefly reached a market capitalization of billions of dollars before freefalling by 75% amid broader market turmoil. The endorsement of Trump himself seems to have had a major influence on the token’s value.

Also Read: Trump Family Invests Big in MNT Token Post Mantle Network Update!

Political and Regulatory Critique

The rise of the TRUMP token also attracted political attention, particularly from Democrats in the House of Representatives who proposed legislation to limit officials’ involvement in this kind of cryptocurrency. Led by Rep. Sam Liccardo, Democrats have introduced the MEME Act, which aims to prohibit federal officials and their families from profiting from meme cryptocurrencies.

Liccardo specifically highlighted TRUMP tokens, accusing the first family of capitalizing on the public through meme cryptocurrencies, and warning about insider trading as well as foreign influence through such tokens.

The Securities and Exchange Commission (SEC) has stated that meme cryptocurrencies such as the TRUMP token do not constitute securities, and are therefore not subject to their oversight. This raises further questions about how regulation can be applied to cryptocurrencies that often fall in a legal gray area.

Conclusion: The Future of TRUMP Tokens

With all the controversy and volatility surrounding it, the future of the TRUMP token remains uncertain. Despite the endorsement of an influential political figure, the token remains vulnerable to market dynamics and regulatory pressures. Investors and market watchers will continue to monitor further developments, especially with regards to the impact of proposed legislation and market reactions to public comments by political figures.

Also Read: Metaplanet Adds 150 Bitcoins, New Strategy After Eric Trump’s Advisor Appointment!

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.