The TRUMP token, a Solana-based memecoin linked to US President Donald Trump, has recorded a daily trading volume surpassing $1 billion after a shoutout from Trump.
This surge in volume reflects Trump’s influence in the cryptocurrency space. However, price data suggests that investors have grown skeptical and are no longer as enthusiastic about the token as they were at launch.
Can the TRUMP Meme Coin Sustain Its Momentum in April?
The recent spike occurred right after Trump posted about the token on TruthSocial on March 23
source: https://beincrypto.com/trump-token-volume-surpasses-1-billion/