TRUMP Soars on Altcoin Rotation and Iran Deal Speculation

The price of TRUMP surged 19% over the past 24 hours to $2.18, making it the second-best performer among the top 100 assets by market cap, according to CoinMarketCap.

This significant gain is largely attributed to a rotation into higher-risk altcoins, which has been fueled by a potential US-Iran peace deal that President Trump said could be signed this weekend.

As part of this macro move, TRUMP's price has rebounded from its recent low of $1.55 in early June, and the token is now trading more than 90% below its all-time high near $75.