Trump's Meme Coin Surge: MOVE Token Soars 4% as WLFI Buys $940K in 10 Minutes

Trump-backed cryptocurrency project WLFI has sparked a short-term bullish momentum in the MOVE token, with the price surging by 4% in a matter of minutes. This sudden increase in interest and trading activity comes on the heels of the project's official announcement and the subsequent buy-in by WLFI. The MOVE token is currently trading at $0.7889, with a 24-hour price increase of 8.81%.

The Trump-backed cryptocurrency project WLFI has once again bought $470,000 worth of MOVE, adding to its previous purchases. In just 10 minutes, WLFI has bought a total of $940,000 worth of MOVE, indicating a strong commitment to the token and its potential. This latest buy-in comes as the MOVE token continues to gain traction in the market, with a 4% surge in price and a 24-hour increase of 8.81%.

Google searches for cryptocurrencies have reached record highs following the launch of the Trump token, highlighting the growing interest in the digital asset market. The surge in search interest is driven by the former US President's foray into the meme coin space, which has captured the attention of both seasoned investors and newcomers alike. The TRUMP token, launched on Jan. 18, has sparked a renewed global interest in cryptocurrencies, with Google search interest for "crypto" reaching its highest level since Bitcoin's all-time high in November 2021.

The impact of Trump's meme coin launch extends beyond online searches, with crypto-related applications dominating the finance category of Apple's App Store in the United States. Leading the pack are crypto trading platforms like Crypto.com, Moonshot, and Coinbase, which claimed the top three spots. Other popular apps, including Coinbase Wallet, Robinhood, Binance.US, DEX Screener, and Kraken, also climbed the charts, solidifying crypto's presence in mainstream financial tools.

The TRUMP token has also driven significant activity on the Solana blockchain, with data from digital asset custody firm Copper reporting a record-breaking number of new Solana wallet addresses. Nearly 9 million new addresses were created in the days leading up to Trump's inauguration. A survey conducted by NFTevening on Jan. 20 revealed that Trump's mem