On March 13, according to a report from DB (@tier10k), Trump Meme Coin (TRUMP) was reportedly moving beyond its status as a mere meme coin and aiming to develop real-world use cases. This shift was seen as a potential way for TRUMP to overcome the limitations of being a speculative and entertainment-driven token, potentially increasing its long-term value. Following this news, the price of TRUMP memecoin surged by 20%.
However, shortly after, it was revealed that DB’s account had been hacked, and the claim that the Trump meme token would gain utility was entirely false. This led to a price correction for TRUMP.
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