Why Is Trump Memecoin Soaring As Bitcoin, Ethereum Tumble?

Aniket Verma

October 29, 2025

The Official Trump (CRYPTO: TRUMP) memecoin erupted into a double-digit rally on Wednesday amid reports that the project's issuer is in talks to buy crowdfunding platform Republic.

TRUMP Overshadows Bitcoin, Ethereum

The Solana (CRYPTO: SOL)-based token jumped nearly 13%, becoming one of the market's biggest gainers in the last 24 hours. Trading volume surged 50% to $2.75 billion, indicating high liquidity and trader interest.

TRUMP shrugged off declines in blue-chip currencies like Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH), which fell 1.54% and 1.18%, respectively.

See Also: Eric Trump ‘Incredibly Excited’ About American Bitcoin’s Prospects As Company’s BTC Pile Rises To $441 Million

A New Use Case For Memecoin?

The sharp rally comes after Bloomberg reported that Fight Fight Fight LLC, the memecoin's issuer, is considering buying the U.S. operations of Republic, citing people familiar with the matter.

Republic is a retail-focused platform that offers investors a chance to buy equity startup companies and opportunities across a wide range of fields.

If the deal goes through, TRUMP could see increased use in startup fundraising, sources told Bloomberg.

Fight Fight Fight LLC and Republic didn't immediately return Benzinga's request for confirmation.

TRUMP’s Volatile Journey In 2025

TRUMP was launched just before President Donald Trump’s inauguration in January. The coin opened to a euphoric rally, before plummeting just as quickly. As of this writing, it was down 88% from its all-time highs.

The coin’s official website states that the memecoin has no connection to any political campaign or government office. However, Trump has been found promoting it on his official social media accounts.

Price Action: At the time of writing, TRUMP was exchanging hands at $8.36, up 12.95% in the last 24 hours, according to data from Benzinga Pro.

Photo Courtesy: Kirill Aleksandrovich on Shutterstock.com

Read Next:

Recommended

The 7 Red Flags Wall Street Won't Talk About - Ad

November 18: D-Day For The Dollar - Ad

Why Are 21 Billionaires Moving Their Money ASAP? - Ad

Marjorie Taylor Greene discloses buying more stocks in October. Here's a look at what she added to her portfolio.

S&P Global Boosts Outlook As CEO Hails Exceptional Growth

S&P Global (NYSE: SPGI) shares surge after reporting strong Q3 results, beating expectations with adjusted earnings of $4.73 per share.

Elon's New Device Could Launch Biggest IPO of the Decade

Elon's New Device Could Launch Biggest IPO of the Decade - Ad

Elon Musk's new device is being called a "game-changer"-and even the White House is using this tech. Jeff Brown says it could launch Musk's next trillion-dollar company and make early investors rich. You can claim a stake now for as little as $500.

Gold prices have tumbled from recent records. What's behind the losses?

NEW YORK (AP) — Less than a day after to another record high, prices for the precious metal plunged — marking the biggest sell-off in years.

How To Earn $500 A Month From UnitedHealth Group Stock Ahead Of Q3 Earnings

UNH to release Q3 earnings before opening bell on Tuesday. Analysts predict $2.81/share, down from $7.15/share in 2019. Dividend yield at 2.44%.

Trump Just Unlocked America's Most Valuable Asset

Trump Just Unlocked America's Most Valuable Asset - Ad

Most Americans have no idea that America is sitting on a fortune. Now, thanks to a recent executive order by President Trump, Americans could see this valuable resource unlocked within a matter of months. A handful of small companies are positioned to capture billions over the coming years.

Trump Defends Missile Strike On 'Drug-Carrying' Submarine Amid Human Rights Outcry

Trump defends strike on drug sub, says it targeted fentanyl-laden vessel heading to US. Two survivors were rescued.

MP Materials, USA Rare Earth, Energy Fuels Shares Are Moving Lower: What's Going On?

Share of rare earth stocks are trading lower Monday amid potential U.S.-China negotiations that could delay export controls.

Bitcoin's Pullback Could Be Your Gain

Bitcoin's Pullback Could Be Your Gain - Ad

More than 70 cryptos have recently outperformed Bitcoin and it's not the first time. During crypto's last bull market the top 100 coins NOT named Bitcoin went up by 174%. Now the signs show that it's happening again. This could be a chance to strike gold in some far corners of the crypto market.

Jim Cramer Warns 'Don't Be Fooled' Because Speculators In Gold, Quantum And Nuclear Energy Aren't Going Down 'Without A Fight'

Former hedge fund manager and renowned CNBC TV host Jim Cramer is sounding the alarm on certain speculative pockets of the market, urging investors to sell into the "snapback" momentum if they haven't already done so.

Taiwan Didn't Steal US Chip Jobs, It Helped Create Them, Says Tech Insider

Taiwan Semiconductor Manufacturing Co stands at the heart of global chip production, powering US tech giants and fueling growth.

On November 18, a powerful new law signed by President Trump will trigger a radical shift in America's money system...

On November 18, a powerful new law signed by President Trump will trigger a radical shift in America's money system... - Ad

When a small group of private companies - not the Fed - will perform a major mint of a new kind of money. And those who act before this new system fully kicks in could see gains as high as 40X by 2032. But those who fail to prepare will be blindsided by this sea change to the U.S. dollar.

The stock market is breaking records. Time for a gut check

NEW YORK (AP) — Almost everything in your 401(k) should be coming up a winner now. That makes it time for a gut check.

Gold Deals Pick Up As Metal Soars Past $4,200

Gold reaches new highs, expected to continue rallying into 2026. Multiple mergers and acquisitions in gold market.

Elon's Haters Are About to Lose Their Minds...

Elon's Haters Are About to Lose Their Minds... - Ad

Elon's empire looks doomed - crashing sales, lost tax credits, and media backlash. But behind the scenes, Tesla is about to unleash a breakthrough Forbes calls a "multi-trillion-dollar opportunity." It's not the end - it's the start of a 25,000% AI comeback.

State-run Pakistan International Airlines resumes UK flights after 5-year ban

ISLAMABAD (AP) — State-run Pakistan International Airlines resumed flights to the United Kingdom on Saturday for the first time in five years following the lifting of a ban imposed over a fake pilot license scandal.

Can Boeing's Recovery Story Defy Its Biggest Hurdles Yet?

Boeing shares fall on mixed quarter, lingering issues with 777X program. Analyst reaffirms buy rating and $270 price target.

The Tesla Shock Nobody Sees Coming

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as January 29.

Nokia Extends Rally In After-Hours Trading, Stock Trends Amid $1 Billion Nvidia Investment Buzz

Nokia shares are rising following Nvidia's $1 billion investment and a board-approved new share issuance.

Eli Lilly's Oral Weight Loss Drug Shows Superiority Over Two Approved Drugs

Orforglipron meets key endpoints in Phase 3 trials, showing A1C reduction, weight loss, and cardiovascular benefits for type 2 diabetes.

America's Top Crypto Expert's Next Big Prediction

America's Top Crypto Expert's Next Big Prediction - Ad

Juan Villaverde used his crypto timing model to call every bull and bear market in crypto since 2012. Now his model is alerting him to the next set of coins with huge potential, all thanks to a massive shift inside the world of crypto.

Energy Fuels (UUUU) Stock Is Rising Tuesday: What's Fueling The Surge?

Energy Fuels shares are trading higher on Tuesday alongside Cameco Corp, which announced a strategic partnership with the U.S. government.

LKQ Corp Reveals German Solar Power Partnership

LKQ shares rose after it announced a 20-year solar power deal in Germany, advancing its sustainability and emissions goals.

The 7 Red Flags Wall Street Won't Talk About

The 7 Red Flags Wall Street Won't Talk About - Ad

All 7 historic crash signals are flashing red. Once the public notices, it's too late. Our free Bellwether Signal explains how to protect wealth - and why gold and silver have been the refuge in every crisis. Don't let your retirement go over a cliff.

IonQ Shares Are Trading Lower Monday: What's Going On?

IonQ shares were trading higher Monday but have since reversed and began trading lower.

‘Chainsaw Man’ anime film topples Springsteen biopic and ‘Black Phone 2’ at the box office

LOS ANGELES (AP) — A big-screen adaptation of the popular anime “Chainsaw Man” has beaten out a biopic about the Boss and the horror sequel “Black Phone 2” to top the .

November 18: D-Day For The Dollar

November 18: D-Day For The Dollar - Ad

A quiet shift in U.S. law has just authorized private companies to mint a new form of government-authorized money called the "Dollar 2.0"... and the next major mint hits on November 18. Investors who make the right moves before then could make up to 40X by 2032...

Instacart Powers Grubhub's Grocery Blitz Across America

Grubhub taps Instacart for nationwide grocery ordering, with Instacart fulfillment, pharmacy additions coming, and promos boosting adoption despite CART dip.

Amazon AWS Is Down Again, Microsoft Azure Too

Amazon's AWS and Microsoft Azure are both experiencing outages on Wednesday.

Why Are 21 Billionaires Moving Their Money ASAP?

Why Are 21 Billionaires Moving Their Money ASAP? - Ad

One of the biggest stock market events in 25 years is rapidly unfolding... The economist who predicted the 2008 Financial Crisis says it will be: "The Biggest Crash of Our Lifetime." Starting November 19 it could cut the entire tech marketing by HALF.

Amazon cuts 14,000 corporate jobs as spending on artificial intelligence accelerates

Amazon will cut about 14,000 corporate jobs as the online retail giant ramps up spending on artificial intelligence while trimming spending.

Meta Deepens Clean Energy Pact With ENGIE

Meta signed a new 600MW solar PPA with ENGIE, expanding total clean energy capacity in Texas to over 1.3GW and powering U.S. data centers.

Elon's New Device Could Launch Biggest IPO of the Decade

Elon's New Device Could Launch Biggest IPO of the Decade - Ad

Chamath Palihapitiya Sees Current Tech Giants Having An Upper Hand In AI Wars: 'Google Has A Huge Runway'

Chamath Palihapitiya says incumbents will win the AI race, arguing Google's "huge runway" and "massive distribution" gives it the edge.

Why Did Dragonfly Energy Shares Jump Over 6% After Hours?

Dragonfly Energy Holdings' stock climbed 6.73% after hours to $1.42 following its public offering and strategic updates.

Trump Just Unlocked America's Most Valuable Asset

Trump Just Unlocked America's Most Valuable Asset - Ad

Trump Warns Supreme Court Tariff Ruling Could 'Literally Destroy' The US: 'We'll Be Struggling For Years'

President Donald Trump warned that the U.S. economy would face significant challenges if the Supreme Court rules against the majority of the tariffs imposed this year.

Why D-Wave Quantum (QBTS) Stock Is Getting Hammered Today

Shares of D-Wave Quantum are trading lower Wednesday afternoon, caught in a broader market downturn.

Bitcoin's Pullback Could Be Your Gain

Bitcoin's Pullback Could Be Your Gain - Ad

Nasdaq 100 Hits 26,000, Gold Falls Below $4,000: What's Moving Markets Tuesday?

Tech stocks hit new highs as the Nasdaq 100 rallies 0.7% midday. Investors eye a Fed rate cut, Trump-Xi meeting, and major tech earnings.

Trending Now