On April 29, according to TheBlock, Kaiko's latest report shows that the news that holders of the TRUMP Meme coin in the front row may win qualifications for a VIP dinner and even meet the president has triggered a surge in Token trading activity. The price of TRUMP Token soared by 60% in a single day (from $9 to $14.5), accompanied by on-chain transfers reaching up to $2.4 billion, with on-chain activity volume surging by 200%, while simultaneously creating the highest daily volume on CEX since mid-February. Kaiko pointed out that although Trump is challenging the claim that 'Meme coins are worthless,' this move has also sparked controversy. Both political opponents and moral advocates have questioned the president's practice of offering exclusive usage rights to those who purchase his Meme coins. Kaiko predicts that although current volume has retreated from its peak, it may soar again in the coming weeks.
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On April 29, according to TheBlock, Kaiko's latest report shows that the news that holders of the TRUMP Meme coin in the front row may win qualifications for a VIP dinner and even meet the president has triggered a surge in Token trading activity. The price of TRUMP Token soared by 60% in a single day (from $9 to $14.5), accompanied by on-chain transfers reaching up to $2.4 billion, with on-chain activity volume surging by 200%, while simultaneously creating the highest daily volume on CEX since mid-February. Kaiko pointed out that although Trump is challenging the claim that 'Meme coins are worthless,' this move has also sparked controversy. Both political opponents and moral advocates have questioned the president's practice of offering exclusive usage rights to those who purchase his Meme coins. Kaiko predicts that although current volume has retreated from its peak, it may soar again in the coming weeks.