Donald Trump's Official Token Surges 25%, Some Observers See it as Bet on His Presidency

Quick Summary:

Token prices zoomed 25% in the past 24 hours, beating gains in bitcoin and other majors to reverse losses from earlier in the week.

How the TRUMP token is handled is likely to have a ripple effect on trust and reputation for the entire crypto and Web3 industry,” Siu added.

"I don't know much about it other than when I launched it.

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Article Details

Author / Journalist: Shaurya Malwa

Category: Crypto

Markets: United StatesCuba

Topics: Billion Prices Bullish Coindesk Trump Zoomed Token Donald Crypto Other Tokens

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-22 @ 07:45:21 (12 hours ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 319 words

Reading Time: 2 minutes read

Sentences: 24 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 25338814

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Main Topics: Crypto

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News Last Updated: 8 hours ago

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