According to Crypto Rover, Donald Trump has publicly endorsed the $TRUMP meme coin again, as highlighted in a recent tweet on May 5, 2025 (source: @rovercrc). This renewed public support is driving increased trading volume and heightened volatility for the $TRUMP token, as seen on major exchanges. Traders are responding to the news with a surge in buy orders and short-term price spikes, making $TRUMP a focal point for momentum and speculative trading strategies (source: @rovercrc). Monitoring Trump-related announcements and social media sentiment is crucial for traders seeking timely opportunities in the meme coin sector.

According to The Data Nerd on Twitter, two large investors withdrew a combined 420,000 $TRUMP (valued at approximately $5.4 million) from Binance three hours ago. Currently, these whale addresses collectively hold 1.075 million $TRUMP tokens, worth about $14.35 million. This significant accumulation suggests reduced immediate sell pressure on centralized exchanges and could signal a bullish sentiment or preparation for off-exchange moves. Traders should monitor these addresses closely for further on-chain activity, as whale accumulation often precedes notable price fluctuations. Source: The Data Nerd (@OnchainDataNerd), April 25, 2025.