President Trump’s official meme coin has rallied over the past week, climbing 46% to a $1.67 billion market capitalization. One analyst believes this could be the result of a “relief rally,” following Trump’s plethora of macro pressures appearing to ease. The Solana token has been on a downward trend since the crypto dinner held for the top TRUMP holders in May, hitting an all-time low market cap of nearly $1 billion on October 10. The low came after Trump threatened massive tariffs against China, which led to a major downturn in the crypto markets and the biggest liquidation event in crypto history. In the more than ... (full story)