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TRUMP token soars after former president meets Bitcoin miners

TRUMP token experiences a significant surge in value after former US President Donald Trump meets with Bitcoin miners. The cryptocurrency, inspired by Trump, rises from lows of $11.86 to trade above $13.30, marking a 9% increase in the past 24 hours. During the meeting, Trump expresses his support for the Bitcoin mining industry and aims to make America a leader in BTC mining. His statements, including the belief that Bitcoin mining could be the US’s “last line of defense” against a central bank digital currency, attract more support from the crypto community. This pro-crypto stance sets Trump apart from President Joe Biden’s negative approach and garners attention from crypto voters. As a result, meme coins associated with the political scene, particularly those supporting Trump’s campaign for the 2024 election, have experienced significant movements in recent months. While most meme coins faced a decline in value in the previous week, a potential Bitcoin rally could boost the value of Trump’s crypto wallet and the TRUMP token.