TRUMP Coin Rises 17% After Prediction of Outperforming Bitcoin

Arthur Hayes, former CEO of BitMEX, predicts that the TRUMP meme coin could outperform Bitcoin if market sentiment improves and politicians adopt meme cryptos. The TRUMP token, launched during Donald Trump's inauguration, has dropped from a peak of $75 to below $20 but recently showed signs of recovery, trading at $19.03—up 17% in the last 24 hours.

Key Insights from Hayes

Meme coins are expected to become influential political tools for campaigning.
The 2026 midterm elections may see increased interest in launching meme coins from politicians.
Political meme coins combine politics and entertainment, giving them unique market potential.
Current price trends show TRUMP down 80% from its high while Bitcoin struggles to reach $110k.
Hayes believes TRUMP will surge first if market conditions improve, potentially followed by Bitcoin.

Future of Political Meme Coins

More politicians, including Chinese leader Xi Jinping, are anticipated to enter the meme coin space.
Success may not be replicated by future projects due to stricter community standards and expectations for fair launches.

Hayes emphasizes the distinct appeal of the TRUMP meme coin, suggesting it is more akin to a security than a typical meme token, as its value is heavily influenced by Donald Trump's popularity.