Trump-themed meme coins rise in popularity after president’s promise to Americans: details

Trump-themed meme coins rise in popularity after president’s promise to Americans: details

TRUMP flipped PUMP to become the fifth biggest meme coin.

The entire cryptocurrency sector entered green territory today (November 10), with the total market capitalization rising 4% to just south of $3.7 trillion.

Interestingly, some of the best-performing digital assets in recent hours are meme coins associated with US President Donald Trump.

Fly high

Trump’s presidency has been marked by a number of major policies, and the imposition of harsh tariffs on several countries around the world is one of them. As expected, this has sparked controversy, with numerous critics of the approach.

A few hours ago, the POTUS called those opposed to the fees “fools,” arguing that this move is very beneficial to the United States. He also made headlines with his promise to pay a dividend of at least $2,000 per person (excluding high-income individuals).

His announcement was followed by a rise for Bitcoin (BTC), whose price exceeded $106,000, while Ethereum (ETH) rose above $3,600. Meme coins linked to America’s political leader performed even better.

Official Trump (TRUMP) – the largest of its kind – saw a price increase of 14% on a daily scale, to almost $8.60 (the highest since late October). Its market cap has risen to $1.7 billion, turning Pump.fun (PUMP) into the fifth largest meme coin.

TRUMP Prize, source: CoinGecko

However, TRUMP (which was born just days before the inauguration on January 20) remains a far cry from his glory days. Earlier this year, its market capitalization skyrocketed to $14.5 billion, briefly overtaking Shiba Inu (SHIB) to become the second-largest meme coin.

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Other Trump-themed memes making solid gains today include Super Trump (STRUMP), Pepe Trump (PTRUMP), and SUI TRUMP (SUITRUMP). MELANIA, the meme coin related to Donald Trump’s wife, is also in green territory and up 11%.

WLFI is also rising

World Liberty Financial (WLFI) – a digital asset linked to the Trump family – has also caught the green wave and is in fact the best performing top 100 cryptocurrency today. The price rose 33% to $0.16, while the market capitalization approached $4.5 billion.

According to some analysts, the asset is now poised for a further rally. X-user FOUR | Crypto Spacesm for example, thought that WLFI has broken the $0.15 resistance zone and is heading for a pump above $0.20.

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