Highlights
While most cryptos saw a price crash today, TRUMP coin is rising higher and higher. Notably, U.S. President Donald Trump’s memecoin has turned bullish after facing significant losses over the last few days. Let’s discuss why its price is skyrocketing today.
Trump’s memecoin, Official Trump, is defying the broader crypto market correction today. CoinMarketCap data reveals that the TRUMP coin price is up nearly 10% today, whereas the other top tokens, including BTC, ETH, DOGE, and others, are struggling.
The broader crypto market correction is due to concerns about the macroeconomic events in September, including the FOMC Meeting. However, TRUMP is up, currently trading at $9.21 with $1.84 billion in market capitalization.
Notably, its trading volume is at $1.34 billion after a 837% surge, and the futures OI is at $564.53 million after a 38.28% surge, suggesting strong investor interest, which other tokens lack today.
Interestingly, this growing interest in Trump’s meme coin is due to WLFI’s launch on top crypto exchanges, like Binance, Kucoin, and others. WLFI, the native token of the World Liberty Financial, was non-transferable before, but after the exchange listings, traders can trade it for the first time.
CoinGape expert Michael notes that the token will be launched and tradable today at 12:00 UTC on Binance, with the withdrawals starting tomorrow. In addition, World Liberty Financial’s stablecoin USD1 is live on Solana, fueling the Trump token’s demand and price rally.
USD1 is now live on Solana – where capital markets finally move at internet speed.
USD1 is a stablecoin redeemable on a 1:1 basis for the U.S. Dollar, built for speed and control, running on a fast and scalable financial layer in DeFi.
USD1 brings stability. Solana brings… pic.twitter.com/FTNw3ChLCn
— WLFI (@worldlibertyfi) September 1, 2025
Interestingly, USD1 has already gained the $2.2 billion cap, becoming one of the top stablecoins. Overall, the primary catalysts of today’s TRUMP coin price rally are these two developments. Besides, the Canary Trump Coin ETF filing, technical breakout, and Donald Trump’s support for the crypto space are fueling its demand.
The cryptocurrency market has dropped over the past 24 hours, extending its monthly loss to…
ZEC, CC, FLOKI, and LUNC have become top gainers in the crypto market over the…
Crypto markets have experienced a 3% rise in the last 24 hours, driven by strong…
The cryptocurrency market experienced a boost on December 4th, with its total market cap climbing…
The crypto market is showing signs of recovery after a period of consolidation. Over the…
The cryptocurrency market has seen a notable sell-off as December begins. Bitcoin has dropped below…