The memecoin TRUMP launched by former President Donald Trump experienced a sharp price increase following Trump’s promotion on his Truth Social platform. In a recent post, Trump called the token cool and the greatest of them all prompting a remarkable 9% price surge. However, the token still faces a notable decline of around 70% from its all time high. This unexpected boost brings attention to the role of celebrity influence in the cryptocurrency market. As more individuals explore the intersection of politics and cryptocurrencies, the implications for the memecoin landscape could be substantial, potentially leading to the rise of more politically themed digital currencies in the future.