TRUMP Memecoin: The Rollercoaster Ride You Didn’t Sign Up For! 🎢💰

by

So, the official Donald Trump memecoin, TRUMP, had a fantastic start, right? A bullish price rally that made you think, “Hey, maybe this is the next Bitcoin!” But then, bam! The token lost a whopping 80% of its price from its all-time high. I mean, come on! Even the President couldn’t talk this one up. Investors were sweating bullets, fearing a total collapse. But wait! Out of nowhere, it gained some bullish momentum with $307 million in token unlocks, and the price surged more than 10% today. Who knew? 🤷‍♂️

Why is TRUMP Memecoin Price Up Despite $307M Unlocks?

TRUMP coin, one of those meme coins that everyone loves to hate, is still in a downward spiral, losing nearly 28% of its price this month. The trajectory was so bearish, it could have been a character in a sad movie. But today, it decided to surprise us all with a 10% surge after those $307 million token unlocks. Almost 20% of the total supply, folks! What a plot twist! 🎉

Now, 💸

And let’s not forget the investors’ sentiments! Trump’s been influencing the Fed’s rate cut decision, and there’s potential relief in the Trump trade war. But experts are saying this uptrend is short-lived. The bears are still lurking, ready to pounce. It’s like a bad horror movie! 😱

What’s Next For TRUMP Memecoin Price?

After hitting a weekly low of $7.5, the TRUMP coin price shot up to a high of $8.5 today. Now it’s trading at $8.20 with a trading volume of $492.17 million and a market cap of $1.64 billion. Not too shabby, huh? But hold your horses! 🐴

CryptoCove, a so-called crypto analyst, thinks this is just the beginning. They believe TRUMP could surge another 12%. According to their analysis, it could hit $8.7 due to some bullish falling wedge formation. Sounds fancy, right? But let’s be real, it’s all just a gamble! 🎲

Interestingly, some crypto enthusiasts think TRUMP could reach the $12 mark. But let’s not get ahead of ourselves! The unpredictability is sky-high, especially with the bears still dominating due to the Trump trade war and other macroeconomic shenanigans. If it fails to hold that crucial support level, we might be looking at a crash to $2.5 or lower. Yikes! 😬

Read More

2025-04-19 13:19