Trump Token Soars 12%, Gains $400M Market Cap After Truth Social Post

US President Donald Trump said in a post on Truth Social yesterday that the TRUMP token meme coin is the “greatest of them all.”

US President Donald Trump has brought attention to his presidential token, highlighting it as “the greatest of them all” in a post on Thursday.

“I LOVE $TRUMP — SO COOL!!! The Greatest of them all!!!!!!!!!!!!!!!!,” Trump said in a post on Truth Social.

Almost immediately after Trump’s post, Trump token (TRUMP) pumped over 12% to rise from $10.93 to around $12.25, according to CoinGecko data. This also added around $400 million to the token’s market cap.

However, it seems like the price increase might have been related to a technical error on CoinGecko’s part, as the price is now lower at $11.89 following the surge. Still, it’s clear that Trump’s post had a huge impact.

Several traders and investors have questioned why Trump is now bringing attention to his meme coin.

Pseudonymous analyst and trader DonAlt suggested that it could have something to do with a massive TRUMP unlock set to take place within the next month.

I wonder why he's now suddenly starting to mention it again pic.twitter.com/GPw2Qui5Fz— DonAlt (@CryptoDonAlt) March 23, 2025

Despite Trump’s enthusiasm for his own token, some traders remain cautious about TRUMP’s long-term prospects, especially with the upcoming token unlock.

The recent price surge has already begun to cool off, prompting analysts to debate whether the rally has run out of steam and if the best opportunities now lie elsewhere.

Several new meme coins in the presale stage are generating buzz, with some speculating that they could challenge TRUMP’s dominance in the months ahead.

Among them are presale tokens such as Solaxy (SOLX), BTC Bull Token (BTCBULL), and MIND of Pepe (MIND)

Solaxy (SOLX)

Solaxy is arguably the most successful presale of the year after managing to raise more than $27.6 million so far.

It introduces the first layer-2 scaling solution for the Solana ecosystem, something that could help ease congestion on the network.

Meme coins have led to dangerously high levels of congestion on the public blockchain in recent months, especially after the launches of the TRUMP and MELANIA meme coins in January.

However, Solaxy will process the majority of Solana’s transactions off of the main layer-1 chain and on its own sidechain, bundling transactions before submitting them to the Solana mainnet for final validation. This approach to transaction processing is similar to the one used by Arbitrum and Optimism within the Ethereum ecosystem.

It will also try to bridge the Solana and Ethereum blockchains to create a new Web3 infrastructure that is capable of meeting the growing demands of decentralized app and meme coin developers.

99Bitcoins, a popular YouTube channel with over 725K subscribers, says SOLX has the potential to soar 100X after its launch.

BTC Bull Token (BTCBULL)

BTC Bull Token is a Bitcoin-themed token that wants to support the leading cryptocurrency on its journey to $1 million per coin and beyond.

Along the way, the project will reward its token holders with BTC airdrops and BTCBULL token burns.

These rewards will happen when Bitcoin rises to new all-time highs. The first will come when the Bitcoin price reaches $150K, and for every $50k increase in the BTC price thereafter. BTCBULL token burns will start when BTC hits $125K, and follow after every subsequent $25k rise in the Bitcoin price.

BTCBULL provides investors with a cheaper opportunity to get exposure to BTC. This, combined with its meme coin appeal and growing scarcity through the scheduled token burns, suggests that BTCBULL has all the ingredients needed to climb the crypto ranks.

Investors have already pumped more than $3.99 million into its presale, and YouTuber Alessandro De Crypto, who has over 14.4K subscribers, predicts BTCBULL could print massive gains for investors.

MIND of Pepe (MIND)

MIND of Pepe is the first AI derivative to carry the branding of meme coin titan Pepe.

It brings a cutting-edge AI agent that can find new trends in the crypto space before the rest of the market catches on.

It does this by connecting directly to social platforms such as X, Discord and others, where it then performs hive-mind analysis to identify emerging trends in the Web3 market.

After spotting a new trend, the AI agent shares its insights with the MIND of Pepe community through token-gated groups

The AI agent goes beyond just watching out for emerging trends, and can also steer the market narrative to favor MIND of Pepe community members. It takes advantage of this capability by launching new tokens that could go viral.

Before it hypes up these tokens online, it