Trump meme coin jumps 4.27%, outperforms Bitcoin and Ethereum – Can it regain its All-Time High?

The Official TRUMP meme coin has seen a strong 4.27% rise in the last 24 hours, trading at $18.50 with a market capitalization of $3.7 billion. This sudden price jump has outperformed major cryptocurrencies like Bitcoin, Ethereum, and Dogecoin, which recorded relatively smaller gains in the same is TRUMP coin surging?The recent rise in TRUMP meme coin price can be linked to multiple factors. One key reason is the renewed interest in meme coins, driven by speculative trading and political sentiment. Over the past few months, TRUMP coin has gained traction among supporters of former U.S. President Donald Trump, who is currently leading the 2024 U.S. presidential , meme coins tend to experience sudden price spikes due to social media trends, market speculation, and large buy orders from crypto investors looking for quick profits.