The TRUMP memecoin price surged an impressive 85% after endorsements from Donald Trump on Truth Social, driving significant market interest. This surge was accompanied by token unlocks that further fueled trading activity. While initial enthusiasm is high, investor reactions have been mixed, with some selling off due to concerns about the token’s sustainability and liquidity issues. Market analysts warn against volatility due to the speculative nature of TRUMP’s memecoin events, highlighting past occurrences where similar price surges ultimately led to declines in the market. Past token unlocks have historically caused market instability, raising concerns that this latest surge might be short-lived. Despite experts advising caution and emphasizing the potential for quick sell-offs, Donald Trump enthusiastically endorsed the token: “I LOVE $TRUMP — SO COOL!!! The Greatest of them all!!!!!!!!!!!!!!!!” , highlighting the underlying hype surrounding this cryptocurrency.