Official Trump token trading volume soars 350% amid WLFI hype
Official Trump (TRUMP) rallied 4.46% in the past 24 hours to $9.10, while trading volume surged 346% to $1.38 billion. The move outpaced the broader crypto market’s 0.4% gain, with traders tying the spike to the launch of a Trump-linked DeFi project. Official Trump (TRUMP) trading volume. Source: CoinMarketCap Outside of the charts, momentum for TRUMP has been fueled by today’s debut of World Liberty Financial (WLFI), a new DeFi venture backed by members of the Trump family. WLFI’s governance token is set to begin trading for the public on September 1, with early investors capped at selling just 20% of their holdings. The family connection has spilled over into hype around the TRUMP meme coin, which traders see as part of a broader “Trump crypto” narrative. Why is TRUMP token rallying The logic is straightforward: if WLFI gains traction, attention on Trump-branded or Trump-linked assets intensifies. That speculative spillover has been enough to spark renewed i...