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Cryptocurrency News Articles
The TRUMP Cryptocurrency Launched Its Operations
Apr 19, 2025 at 07:56 pm
The TRUMP cryptocurrency launched its operations on January 17, 2025, under the endorsement of former U.S. President Donald Trump as it became one of the numerous Solana-based meme coins.
The TRUMP cryptocurrency, launched on January 17, 2025, with the endorsement of former U.S. President Donald Trump, has become one of the numerous Solana-based meme coins.
The cryptocurrency, recognized officially as TRUMP, began its journey with an initial price of $0.01 and quickly shot up to $75. However, it experienced sudden market decay which brought its price to current levels near $8 while its market capitalization reached $1.6 billion.
The $307 million token release triggered a 10% price increase because it attracted new investors despite negative market conditions. The price movement of the TRUMP meme coin stays unstable as it adjusts to political news market sentiment along with regulatory decisions.
The meme coin is also set to see vast price fluctuations because of the ongoing unlocking event. After a meteoric rise pushing TRUMP price to an all-time high of about $74, meme coin TRUMP has since then lost roughly 90% of its value to trade at the current price of around $8.46, translating to about a $1.6 billion market capitalization.
About 20% of the circulating supply of TRUMP—valued at $300 million—was unlocked on April 18, thus permitting insiders and associated persons to sell the coin for the first time since its launch. This sudden increase in liquidity in the token raised concerns about a subsequent price decline since large unlocks often create a bearish environment.
However, despite the prevailing bearish environment, TRUMP surged by more than 10% immediately after the unlock due, in part, to a controlled release schedule limiting daily token circulation to around 4 million, thus absorbing the immediate sell-off effect. The coin’s future is dependent on investor sentiment, any political developments, and its unlocking schedule’s inflationary impact on the market. While some foresee a bounce, the big holders will nevertheless keep the bearish momentum alive and thus maintain the volatility.
The value of the Trump coin raced through technical events on two consecutive days April 18th and April 19th. The MACD indicator showed numerous downward trend alerts known as death crosses throughout its multiple appearances. Right before the price decrease began at 15:00 UTC on April 18th the RSI reached an overbought state but price support emerged at the $7.40 mark.
Chart 1, analysed by Anushri Varshney, published on TradingView, April 19, 2025
The TRUMP Price level received an increment to $8.80 after the appearance of a golden cross which broke through $8.00 resistance at 03:00 UTC on April 19th. The price rally encountered opposition which triggered a time of value stability. RVSI overbought conditions induced period exhaustion which indicates that selling pressure causes subsequent death crosses on the MACD. At 11:33 UTC the TRUMP meme coin shows a trading value of $8.44 while the market continues. Technical levels should act as important reference points that drive TRUMP meme coin price movements because market sentiment controls overall trading behavior.
The prediction of the future for the Trump coin (TRUMP) remains a highly speculative endeavor and yet presents considerable upside opportunities, according to different experts.
Analysts anticipate that by the end of 2025, TRUMP could reach a pricing spectrum of anywhere between $70 and $100 in a favorable environment driven by its increasing adoption, conducive regulation, and a sustained influx of investor interest. Some projections are even more hopeful, claiming the coin could rise to $200 and beyond within the year if bullish momentum remains.
On the other hand, the market remains in a state of flux, with bearish pressures being inflicted by the unlocking of tokens and uncertainties on the macroeconomic front. The token price route will be influenced by political activity, regulatory clarity, and the degree of support the coin receives from the community.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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- Traders on Polymarket Are Betting Against Jerome Powell's Removal This Year Despite Criticisms from US President Donald Trump
- Apr 21, 2025 at 02:15 pm
- Trump has consistently called on Powell to cut interest rates, which would be a positive for the crypto market. However, Powell has refused to listen so far.
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