The price of the official Trump memecoin, $TRUMP, has surged over 10 percent, reaching $12.25 following a post from Donald Trump endorsing the token on Truth Social. This development has electrified the crypto community, particularly supporters of the memecoin. The endorsement reinforces the power of social media in influencing market prices. Investors, intrigued by the relationship between politics and crypto, are closely monitoring this upward movement. As speculative interest grows, the question remains whether this surge will translate into long-term price stability or if it will be a fleeting trend driven by heightened momentum.