The Official Trump (TRUMP) meme coin surged approximately 20% in 24 hours, briefly touching $2.90 before retreating to $2.75, pushing its market capitalization to nearly $700 million. The catalyst for this bullish move appears to be the announcement that Official Trump will appear at Korea Blockchain Week, taking place September 29 to October 1 in Seoul. Several analysts are forecasting substantial gains, with price targets ranging between $10 and $20. Launched just before the January 2025 inauguration, the token reached an all-time high near $70 with a market cap exceeding $14 billion, before dropping 96% from that peak.
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