Yigit Taha OZTURK 
The crypto world is experiencing turbulent days. However, this time, the storm is not caused by familiar crypto projects or entrepreneurs but by Donald Trump, the President of the United States. With his latest post on the social media platform Truth Social, Trump once again captured the attention of crypto investors.
As always, Trump’s words had a massive impact. With a short and direct message, he declared, “I Love TRUMP Coin,” openly showing support for the cryptocurrency that carries his name. It seems this post not only excited his social media followers but also triggered a sudden and significant fluctuation in the crypto market.
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Before Trump’s statement, TRUMP Coin was trading around $11. However, after his post, investors rushed in, and heavy buying pressure drove the price up rapidly. In just a few minutes, TRUMP Coin surged to $12.3, marking a 12% increase. This development created a buzz among investors, with discussions emerging on whether Trump’s statement would have a broader impact beyond just the price increase.
Investors and Market Reaction
Following Trump’s post, not only did TRUMP Coin’s price surge, but its trading volume also saw a substantial spike. On crypto exchanges, TRUMP Coin trading volume doubled compared to previous days. While investors eagerly await whether Trump will continue supporting the coin, some analysts believe this movement could be a short-term speculative wave.
However, Trump’s direct endorsement has undeniably boosted interest in TRUMP Coin. Within the crypto community, the big question remains: “Will Trump do more?” Future statements and developments will likely play a crucial role in shaping TRUMP Coin’s price and market perception.
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