TRUMP Leads Meme Coin With $1.5 Billion Trading Volume as the Market Recovers

The meme coin TRUMP, developed on the Solana platform, is showing strong signs of recovery after recent losses. While the overall cryptocurrency market is growing, the value of the TRUMP token has increased by nearly 15% in the last 24 hours, surpassing other prominent meme coins like SHIB, DOGE, and PEPE. $TRUMP Outperforms Leading Meme Assets The recovery in the cryptocurrency market has driven a strong surge in TRUMP’s price, now trading at $16.87. This coin has risen by 13% in the last 24 hours, outpacing major meme coins which have seen less than a 10% increase. During this period, TRUMP's trading volume exceeded $1.5 billion, a 102% increase. This surge indicates strong investor interest, and the price increase is supported by real demand, rather than speculation, making the token’s value more sustainable. Additionally, TRUMP’s funding rate remains positive, even though the market has faced challenges recently. The funding rate for this coin is currently at 0.0050%. This rate suggests that long traders are paying short traders, signaling that the market is bullish with more buying pressure than selling. TRUMP Price Prediction: Could $29.13 Be the Next Target? On the daily chart, TRUMP is trading above a downtrend line that has kept its price low since January 22. When an asset breaks above a downtrend line, it often signals a shift in market sentiment, indicating a potential change from a bearish trend to a bullish one. This breakout could signal the start of a new bullish phase if demand for TRUMP continues to rise. In this scenario, the token’s price may reach $29.13. However, if investors begin to take profits, the price may lose recent gains and drop to $14.27. #CryptoForBeginners #CryptoInvestingTips #LearnCrypto #BeginnerCryptoGuide #HowToInvestInCrypto