As of May 2, 2025, the Official Trump Coin ($TRUMP ) is experiencing significant volatility amid a complex mix of political promotion, insider concentration, and market uncertainty.

📉 Market Snapshot

• Current Price: Approximately $12.49 USD

• 24-Hour Change: Down 4.51%

• Market Cap: Around $2.5 billion

• 24-Hour Trading Volume: Approximately $779 million

• Circulating Supply: ~200 million TRUMP

• All-Time High: $49.26 (January 21, 2025)

• Recent Low: $7.15 (April 7, 2025)

🎯 Political Promotion & Ethical Concerns

President Trump’s team has actively promoted the $TRUMP coin, including offering exclusive events to top token holders. For instance, the top 220 holders were promised an exclusive dinner with Trump on May 22 at his National Golf Club, with the top 25 receiving access to a private VIP reception. This announcement led to a 30% price surge and a $100 million value increase in related wallets. However, critics argue this creates potential conflicts of interest, labeling it a “pay-to-play” scheme. Ethics experts and legislators have raised concerns about the intertwining of political influence and personal financial gain.

📊 Technical Analysis & Outlook

The $TRUMP coin is currently facing bearish momentum, with technical indicators suggesting potential further declines. The MACD is flipping bearish, and price action is rolling over, indicating signs of exhaustion. Unless bulls can reclaim strength above $13.50, the momentum leans short.

Short Trade Setup:

• Entry Zone: $12.90 – $13.10

• TP1: $11.40

• TP2: $10.20 (major demand zone)

• Stop-Loss: Above $13.80 (recent rejection peak)