Trump-Themed Meme Coin Soars to New Highs Despite Conviction

The TRUMP token rebounded sharply after an initial dip, reflecting renewed investor confidence in the former president's pro-crypto stance.

Trump-themed meme coin prices initially plunged after his conviction on 34 felony counts but quickly rebounded.
The TRUMP token hit an all-time high of $16.84, driven by Trump's recent pro-cryptocurrency stance.
Trump's wallet, identified by Arkham Intelligence, holds nearly 580,000 TRUMP tokens, now worth over $8.8 million.
The Joe Biden parody coin, Jeo Boden, saw a decline of 10% in the same period.
Trump's embrace of cryptocurrency includes accepting donations in Bitcoin, Ethereum, Solana, and Dogecoin.