The TRUMP memecoin gained attention after its launch, but the Donald Trump NFT collection also saw a surge of 400% on Saturday. Speculation that NFT holders would receive allocations of the memecoin caused the collection's floor price to increase significantly. However, it appears that NFT holders will not receive automatic allocations as previously thought. The project trades on Polygon and has a 24-hour trading volume of $1.1 million. Some are excited about the POTUS's involvement with crypto, but others are skeptical about the long-term effects. The project's tokens are subject to a 3-year unlocking plan, and there are claims that the launch team has already sold $500 million worth of the memecoin. The memecoin has gained significant market cap and trading volume, currently trading at around $29.



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