Trump Triggers $400 Million Frenzy: How Trump’s Truth Social Post Boosted $TRUMP Overnight!

In a surprising turn of events, the Official Trump memecoin ($TRUMP) has skyrocketed after the President of the United States, Donald Trump endorsed it in a post on the Truth Social website. Describing the new token as “SO COOL” and “The Greatest of them all,”, Trump’s Truth Social post led to an exceptional spike in trading activity for the meme token. 

$TRUMP Aims For the Sky, Spikes Upward

Soon after the post went live, TRUMP witnessed a near-instant upward spike in trading activity. The coin’s price followed suit, jumping from $10.91 to around $12.11, reflecting an increase of approximately 11%. This surge has led $TRUMP to an impressive $400 million increase in market capitalization, a whopping 383% surge in the 24H trading volume. The increased market activity highlights the influence of Trump’s words on his supporters and investors alike. 

However, the excitement was short-lived. Following the initial spike, the price returned to a base that we will discuss in a detailed price analysis and TRUMP price prediction below. This indicates that while Trump’s Truth Social post generated huge amounts of immediate buzz, the momentum could not be sustained for the memecoin. Trading volumes were spotted at an all-time high as investors raced to capitalize on the market interest.

Analysts Issue Warning: Memecoins Remain Highly Influenced and Volatile

The launch of the $TRUMP token in January 2025 had already caused controversy since it also coincided with the launch of Melania’s token. Critics raised serious concerns over political figures and celebrities endorsing cryptocurrencies, nudging lawmakers to propose a low aim at prohibiting such actions among government officials and their families. Despite the initial hype surrounding the post, which has since garnered several thousand likes and reposts, many analysts expressed concern. The market reaction was less zealous than expected, raising questions about investor interest in the long run. 

]In the volatile crypto landscape, as the TRUMP memecoin continues to capture attention, the future remains highly uncertain as it continues to be driven by political influence and market dynamics. Given that, let’s take a quick dig at its recent price performance and make a TRUMP price prediction for the coming days.

TRUMP Price Analysis: POTUS Drives Volume, TRUMP has a Field Day on the Charts

TRUMP started the day at $10.76, with a strong base at $10.7. In the late hours of the previous day, as the price went lower in a trading range, TRUMP reached oversold levels on the RSI. Thanks to that, TRUMP’s early advance was well supported. However, before any meaningful levels could be reached, the buying trend lost momentum, as TRUMP touched $11 at 4:00 UTC before coming back to support. As the day progressed, TRUMP tried to breach the $11 resistance at 11:30 but was let down by the buying pressure.

Chart 1: analyzed by raodevansh18, Published on TradingView, March 24, 2025

Donald Trump’s Truth Social post hit the internet at 15:03 UTC as investors scrambled. The buying pressure was off the charts as between 15:30 UTC to 15:35 UTC, $TRUMP went from $10.98 to $12.36. The massive spike on the chart received some instantaneous correction as the RSI reached an astonishing 93.4. But the buying trend sustained as TRUMP spiked again to find resistance at $12.38. A heavy downtrend followed, leading TRUMP to find support at $11.3 Since then, a rocky uptrend has been seen as TRUMP tries to regain $12+ levels.

TRUMP Price Prediction: What’s Next for the ‘Presidential’ Memecoin

As the TRUMP memecoin navigates volatile terrain on the charts, it is important to note its demand-driven nature. As the coin continues an uptrend after yesterday’s heroics, a $12 resistance may be a key obstacle to cross. If crossed, further advancement will be easy for the memecoin. But, given how easily it gets influenced, the market remains highly unpredictable for Trump. The buying pressure may soon decrease as well, leading to TRUMP moving down low on the charts.