Official Trump (TRUMP) rose 11.61% in 24 hours to $2.54 and gained 80% in a week, making it the cryptocurrency market’s third-biggest gainer. The token is up 61% over the past month and 24% over three months but remains down 47% year to date. Open interest increased 6.94% in 24 hours and 186% over the week as spot-market momentum brought traders back to derivatives, while the top 20% of Binance traders by margin balance maintained predominantly net long exposure. The rally followed a broader rebound in crypto markets and President Donald Trump’s White House cryptocurrency summit, where he reaffirmed his commitment to U.S. leadership in Bitcoin, cryptocurrency and prediction markets. Launched shortly before Trump’s presidential inauguration in January 2025, TRUMP once reached a $9 billion market capitalization and a $75 billion fully diluted valuation. By April 2026, its market capitalization had fallen to $635 million, a 93% drawdown from its peak. The token’s official website describes it as a symbolic expression of support for the ideals represented by the TRUMP symbol and denies any connection to a political campaign or government agency.