The post Here Is What Is Driving the Rally appeared on BitcoinEthereumNews.com. Official Trump (TRUMP) jumped nearly 25% after a Mar-a-Lago crypto event announcementThe post Here Is What Is Driving the Rally appeared on BitcoinEthereumNews.com. Official Trump (TRUMP) jumped nearly 25% after a Mar-a-Lago crypto event announcement

Here Is What Is Driving the Rally

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  • Official Trump (TRUMP) jumped nearly 25% after a Mar-a-Lago crypto event announcement.
  • Pi Network (PI) surged ahead of a possible listing on Kraken.
  • TRUMP token trading volume surged more than 500% to $577 million in 24 hours.

Two of crypto’s most talked-about tokens are having a standout day. TRUMP is up nearly 25% and PI is up almost 24%, both leaving the broader market’s modest 2.21% gain far behind.

TRUMP: The Mar-a-Lago Effect

OFFICIAL TRUMP surged 24.90% to $3.59 in 24 hours, and the numbers behind the move are hard to ignore.

What happened:

  • Trading volume exploded over 500% to $577 million in a single day
  • Social media sentiment hit a bullish score of 5.03 out of 10, with the token trending across multiple platforms

But there is a catalyst underneath the hype. The official TrumpMeme website announced a crypto and business conference on April 25, 2026 at Mar-a-Lago, with Donald Trump listed as a keynote speaker. Attendance is capped at just 297 participants, and eligibility is determined entirely by the TRUMP token holdings leaderboard. Only the top 297 holders get in.

Level to watch: $3. If TRUMP holds above it, the next target zone experts are eyeing sits at $3.10 to $3.20.

Related: Trump Memecoin Team Plans Second Gala as TRUMP Token Hits Lows

PI: Kraken Eve and Pi Day Speculation

Pi Network jumped 23.80% to $0.292, driven by a 159.74% surge in trading volume to $127.3 million. What is fuelling it:

  • Kraken lists PI tomorrow, March 13, making it the first major regulated US exchange to carry the token
  • Pi Day falls on March 14, and the community is expecting ecosystem announcements including a possible PiDEX and AMM launch
  • Pure speculative accumulation ahead of what could be the biggest 48 hours in Pi’s history

Analyst price targets:

  • $0.50 by March 14 if current momentum holds
  • $0.75 if a Kraken listing announcement turns into a bullish catalyst
  • $0.35 near-term if PI holds above the $0.25 support level

Hence, according to experts, today is a reminder of how quickly crypto moves when retail momentum and a concrete catalyst collide. 

Related: ‘Bank in a Hoodie’: Davinci Jeremie Slams XRP Amid Wave 4 Slump

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Source: https://coinedition.com/why-trump-and-pi-are-exploding-today-here-is-what-is-driving-the-rallies/

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