Trump Coin About to Explode? $1.7 Billion Poured In Before Trump’s Private Dinner – Price Prediction Update

Blotienso
TRUMP0,09%
MEME-0,28%

The meme coin Trump ($TRUMP) officially associated with US President Donald Trump is still bullish after last week’s shocking announcement inviting the largest shareholders to a private dinner with Trump. TRUMP is up 2.3% today and 83% over the past week, currently trading at $15.13. Despite this impressive bullish trend, the currency is still down approximately 79.4% from its all-time high of $73.43, set just a few days after Trump’s inauguration. Nevertheless, TRUMP is currently the best-performing meme coin among the top five by market capitalization — surpassing coins like Dogecoin ($DOGE), which, despite being supported by Tesla/SpaceX/X CEO Elon Musk, has maintained its value over the past day and only increased by 12% over the past week. Trump’s VIP dinner for 220 top TRUMP donors has received a lot of criticism, including Democratic Senator Jon Ossoff calling for Trump’s impeachment. Stock price prediction for TRUMP: Where will TRUMP go next? The bullish trend of TRUMP still seems strong and this growth momentum can easily expand if this group continues to leverage the current excitement. As shown in the chart, TRUMP has been continuously decreasing for several months — until a significant breakout triggered a strong bullish move, reversing the downtrend with strong buying pressure.

Although some short-term profit-taking can be seen - with the RSI dropping to 70.99 - the token has successfully consolidated above key levels, indicating that it is building a foundation for another potential bullish move. The broader meme coin market has decreased slightly by 0.3% in the past 24 hours, but the 24-hour trading volume of $1.7 billion for TRUMP indicates that this project is still receiving serious attention. If the bullish trend returns to this sector, traders will be eyeing the next big target of the $20 mark.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)