A renewed rally in the cryptocurrency market has fueled sharp gains in the Official Trump (CRYPTO: TRUMP) memecoin.
Trump Memecoin Explodes 80% in a Week, Trades among Biggest Gainers After White House Crypto Summit
A renewed rally in the cryptocurrency market has fueled sharp gains in the Official Trump (CRYPTO: TRUMP) memecoin.
Benzinga
Publisher
Aug 24, 2026 at 3:52 AM UTC · 2 Min. Lesezeit

TRUMP Memecoin Rallies
TRUMP jumped over 11% in the last 24 hours to levels not seen in four months. The cryptocurrency is up a whopping 80% in a week, making it the third-biggest gainer in the market.
Moreover, TRUMP is up 61% in a month, 24% in the last three months, but down 47% year-to-date.
The coin recorded a 6.94% increase in open interest over the past day and an 186% gain over the week, as spot-price momentum galvanized derivatives trading, according to Coinglass.
Meanwhile, the top 20% of Binance traders by margin balance had a predominantly net long exposure to TRUMP.
Trump Restates Pro-Crypto Stance
TRUMP memecoin’s surge came amid a sharp rebound across markets this week, fueled by a combination of macroeconomic and cryptocurrency-specific catalysts.
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Notably, President Donald Trump hosted White House cryptocurrency summit in the presence of top cryptocurrency and prediction-market executives. He reaffirmed his commitment to preserve U.S. leadership in Bitcoin (CRYPTO: BTC), cryptocurrency and prediction markets.
Market Context
Bitcoin
BTC
$77,045
+0.60% (24H)
Market Cap
$1.54T
24H Volume
$28.5B
24H High
$78,035
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