Topping the charts, the Americans are all eyes for True Hero meme coin that hits 654.91 % one-day growth while trading under the TRUMP ticker. This fantastic rise in price has taken the token to $0.004155 which has attracted both investors and those interested in cryptocurrencies. The steep increase occurs at the same time with Donald Trump’s recent win in the presidential polls, which has created turbulence in the financial systems.

American True Hero now has a market capitalization of $185,68 million, and the popularity of politically themed cryptos is on the rise. In terms of volume, trading of the token has been busy within the last 24 hours, with trading volume amounting to $19.66 million. Trader fund ambitiously pushes up the trading volume, which also reveals a 15.01% boost to the token more glaring.

From the data, the fully diluted valuation (FDV) of American True Hero is $ 195,290,568 which illustrates the token value should all tokens be in the floats. Based in the TRUMP tokens, the total tokens supply is 47 billion and all these tokens are used, according to the project, Memo coin has established itself in the market majorly occupied by meme coins.

It is also remarkable that the discovery of American True Hero occurred just before the trials related to Trump’s election victory when his attitude towards the crypto world became more and more positive. Throughout the campaign, Trump spoke approvingly of cryptocurrencies and said he would make the country a hub of such products. This strong focus on virtual currencies by the Japanese government has probably helped the entire crypto market rise due to Bitcoin hitting new record highs.

Traders should be wary of the TRUMP token because meme coins are positively unstable. However, little is known about whether the current growing trend is sustainable enough to facilitate such growth. Coins’ usage is obtaining extensive popularity, and similar as most other digital currency investments, adequate research and risk management are necessary before making some decisions.

The success of American True Hero proves that the political focus on cryptocurrency is gradually increasing. In the future, as the trends and varieties of digital assets are as expansive as the internet itself, tokens associated with political persons and movements can become the new driving forces in the market, which will have both advantages and disadvantages in addressing investors.