Back to News
Trump Coin or Dogecoin: Which Memecoin Gave You More 'Wow' for Your Buck This Month
By Exbasi Intelligence
Sourced from Benzinga
As the broader cryptocurrency market recovers, memecoins are gaining momentum too—and the Official Trump token has outpaced some of the ecosystem’s established names.TRUMP Gets the Better of DOGE and SHIBAs shown, Official Trump is up 57% since the start of the month, and most of that move happened in just the last seven days.Dogecoin and Shiba Inu , the two biggest memecoins by market capitalization, both lagged behind TRUMP coin, rising 24% and 7% respectively since August began.TRUMP recorded a 57% jump in open interest over the past week to $188.72 million, as the token’s spot price momentum drove increased derivatives trading, according to Coinglass.Cryptocurrency7-Day Gains +/-Month-to-Date Gains +/-Year-to-Date Gains +/-Price (Recorded at 4:00 a.m. ET)Dogecoin+16.56%+24.84%-25.71%$0.08714Shiba Inu +11.06%+7.18%-23.02%$0.000005313Official Trump+37.07%+57.35%-53.06%$2.25 Read Also: TRUMP Remains a Long-Term LaggardDespite short-term movements, TRUMP coin has underperformed DOGE and SHIB over the longer term and year-to-date.The TRUMP memecoin was launched just before Trump’s presidential inauguration in January 2025. The token surged to an all-time high shortly after launch, only to lose 97% of its value.The total memecoin market cap has increased from $23.38 billion at the start of August to $30.64 billion, representing a 31% gain. Read Also: Photo courtesy: Shutterstock