Bitcoin’s latest fall beneath its $100k assist compounded the woes ravaging Trump coin ($TRUMP) – a Solana-based meme coin launched by President Donald Trump, plunging its worth beneath $25.
The meme coin has repeatedly traded down over the previous week, dropping from its peak of $75 to $30 earlier than a broader market crash additional pulled its worth beneath $25.
Nevertheless, because the market stabilizes, with Bitcoin reclaiming the $100k assist degree as soon as once more, Trump coin is now displaying indicators of restoration and has gone up by 14% on the every day charts to commerce across the $29 degree.
However will $TRUMP attain $40 in February or reverse to chase its $25 assist?
OFFICIAL TRUMP Market Evaluation – $TRUMP Enters Consolidation Section
Trump coin, also called OFFICIAL TRUMP, set the market ablaze following its explosive debut on January 18, 2025–two days to the inauguration of Donald Trump because the forty seventh president of america.
Inside hours of its launch, the Solana-based token exploded to $10 billion to pressure its approach into the highest three checklist of the biggest meme cash by market cap, flipping the likes of Pepe, Bonk, Floki Inu, and Dogwifhat.
Because the bullish frenzy round TRUMP gained extra floor, extra buyers dove into the FOMO vibe with no second thought, shopping for the tokens in droves.
This huge shopping for strain skyrocketed the worth of the token from $6 to a peak worth of $75 inside twenty 4 hours. Throughout this era, one early investor who purchased $1 million value of TRUMP tokens realized $78 million earnings.
This speedy pump was adopted by a large hunch that pulled its market cap beneath $6 billion. Whereas it recorded main listings on tier-1 exchanges like Robinhood, Binance, and eToro, TRUMP coin’s worth chart has largely proven pink candles for the reason that inauguration of Trump on January 20.
Nevertheless, after shedding nearly 60% of its ATH, TRUMP is steadily roaring again to life, all due to Bitcoin’s latest ascent above the $100k mark. The token, in line with CoinmarketCap, has surged 14% to $29.75, bottoming out of its yesterday low of $25.
Accompanying the constructive worth motion is the slight surge in its every day buying and selling quantity—which has risen nearly 4%, suggesting renewed curiosity within the meme coin.
As the worth continues to oscillate between $25 and $29, there’s a rising sense of optimism that it might reclaim $32 quickly. This chance might kind a secure base for potential future actions.
Nevertheless, the meme coin faces main resistance throughout the $34-$39 vary. Within the meantime, the consolidation section within the 4-hour timeframe might act as an accumulation interval earlier than the bulls provoke a robust upward trajectory that would assist the token breach the following key resistance at $34.
The purchase sign within the 4-hour chart helps the upward development, with the following vital resistance ranges at $34,37 and $42, respectively. If the bulls maintain this upward momentum, a breakout above this resistance might push the token’s worth towards $50 within the coming days.
Within the occasion that bears achieve management, the worth might retest the quick assist degree at $25. A break beneath this degree might push the worth additional right down to the channel’s decrease boundary at $23 and $18, representing a robust assist zone.
That being mentioned, Jacob Crypto Bury, a famend crypto Youtuber with over 54.8K subscribers, has made a bullish case for TRUMP, saying just a few pumps “are all it’ll take to see the TRUMP token look good once more.”
Trump Coin Worth Prediction – Quick & Lengthy-Time period
TRUMP Coin Worth Prediction – Quick-Time period
Buyers ought to count on $TRUMP to exhibit the identical degree of volatility because it has thus far. Because it doesn’t painting any long-term utility nor has any core fundamentals to talk of, its worth efficiency will solely rely upon the actions of Donald Trump and the broader market circumstances.
If Bitcoin sustains its upward trajectory and possibly hits new highs in February, $TRUMP might probably comply with, transferring as much as attain $50. Conversely, the token would possibly proceed its risky motion, oscillating between $30 and $35.
TRUMP Coin Worth Prediction – Lengthy-Time period
Many influential personalities together with Senator Elizabeth Warren are already calling on the U.S. monetary regulators to open a probe for TRUMP, citing unethical considerations within the method during which the token was launched.
If a probe is ultimately initiated, it might dampen investor confidence, leading to a large promoting frenzy that would pull the token’s worth to new lows.
Whereas there’s no readability round how the TRUMP worth will transfer in the long run, the end result of this probe will certainly have a robust impression on its future efficiency.
Meme Index (MEMEX) – A New Meme Coin Challenge That Makes Diversification Simple To Obtain
The extraordinarily risky nature of the meme coin market makes diversification a necessity for producing earnings. Whereas a much bigger pump shouldn’t be fully out of sight for $TRUMP, buyers might higher place themselves for extra returns by diversifying into tasks that permit them to navigate the whole meme coin market in a single go.
One such venture is Meme Index – the world’s first decentralized meme coin index, providing 4 totally different meme coin indices to make funding diversification straightforward to attain. Not solely does it present a number of indices, it additionally permits the group to resolve which belongings may be added or eliminated.
Every index caters to the various risk-taking urge for food of buyers. First up is the Meme Titan—a basket that includes the “creme de la creme” within the meme coin world, catering to these searching for a extra secure funding. There may be additionally the Moonshot Index, containing meme tokens which might be barely beneath the $1 billion market cap and are aiming to problem these within the Titan class.
These prepared to abdomen a little bit of volatility can check out the Midcap Index, that includes tokens which might be throughout the $50 million to $250 million market cap threshold. And eventually, there may be the Meme Frenzy Index, appropriate for the most important risk-takers.
MEMEX – the native token of the platform – will grant entry to every of the aforementioned indexes. It should additionally act as a DAO crypto, permitting holders to find out how the indexes are rebalanced. And that’s not all!
There may be additionally a component of staking connected to $MEMEX, making certain that presale patrons can compound their features even earlier than the venture makes its full debut.
All of this, and extra, has been inflicting the wild pleasure across the venture. Its presale is quickly promoting out, having raised over $3 million to this point.
Extra so, main publications corresponding to Cointelegraph have coated this venture, highlighting the significance of its choices in enhancing buyers’ endeavors within the thrilling meme coin market.
Influential market specialists like Cilinix Crypto have additionally expressed bullish views on Meme Index, describing it as a worthwhile funding for these in search of huge returns within the subsequent meme coin supercycle.
These prepared to get in early can go to the web site of the venture to hitch the presale.
Go to Meme Index