**Summary**
– The controversial token associated with the US president experienced significant volatility after Trump’s recent interaction. Initially, the asset saw a double-digit rise before quickly retracing, demonstrating the potential for another volatile weekend due to Trump’s influence.
– The Official TRUMP token, launched just before the January 20 inauguration of the 45th and 47th US president, initially surged in value, briefly becoming one of the largest meme coins. However, the introduction of the MELANIA token and some of Trump’s controversial political moves led to a sharp decline in TRUMP’s value, exacerbated by an overall market downturn. At its lowest, the token dropped 90% from its peak on January 19.
– Recently, the token’s performance improved as Trump expressed his admiration for it on his social media. This endorsement led to an immediate price increase, pushing it up by over 10% from under $11 to just past $12.3, marking a weekly high.
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