Official Trump Meme Coin Surges 75% Despite Insider Sales
The Official Trump meme coin has seen a significant surge in value over the past week, rising 75% from $1.39 on August 18 to $2.43 at press time on Tuesday, August 25.
This remarkable rally comes despite insider sales of the cryptocurrency, with the team behind it dumping $3.4 million worth of USDC stablecoin across 10 hours on August 23.
The upsurge in value is attributed to President Donald Trump's recent statements, including urging Congress to pass the CLARITY Act and reiterating his Administration's interest in building a strategic Bitcoin reserve.
However, despite the strong rally, the meme coin remains one of the least worthwhile large cryptocurrencies to invest in, being 96.78% below its all-time highs above $75 recorded at President Trump's second inauguration in 2025.