The Official Trump meme coin has seen a significant price increase, rebounding after hitting a low of $32. The coin's value surged by 20% at the time of writing, surpassing $41. This price movement occurred following new ETF filings with the US SEC on Tuesday, drawing attention to the coin's volatility.
Adding to the hype, Donald Trump himself commented on the meme coin frenzy, which further fueled market movements. The ongoing developments in ETF applications and Trump's public statements have sparked increased interest and price fluctuations in the TRUMP coin market.