Trump-linked meme coin surges 25% amid Iran peace talks and upcoming birthday hype

The Official Trump (TRUMP) meme coin jumped over 25% on June 12, reaching $2.11 and surpassing a $500 million market cap. The surge was driven by renewed investor optimism after President Trump announced the cancellation of planned strikes against Iran, signaling progress in peace talks. Trading volume also spiked nearly 145%, reflecting heightened speculative interest tied to geopolitical news and Trump's upcoming birthday. The coin faces resistance at $2.2, with potential to rise to $2.5 if momentum continues.