$TRUMP
As of May 8, 2025, the Official Trump (TRUMP) token is trading at approximately $12.23 on Binance, reflecting a 12.72% increase over the past 24 hours. The token boasts a market capitalization of around $2.45 billion and a 24-hour trading volume exceeding $1.08 billion, indicating significant market activity.
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📊 Technical Overview
Current Price: $12.23
24-Hour Range: $10.66 – $12.46
Circulating Supply: 200 million TRUMP
Market Cap: $2.45 billion
24-Hour Trading Volume: $1.08 billion
Recent Developments:
The TRUMP token has experienced heightened volatility, with its price increasing by 94.6% over nine days and a trading volume surge of 202%, reaching $2.782 billion in a single day.
A significant development includes a $2 billion investment deal involving Binance and MGX, backed by the Trump-supported firm World Liberty Financial. The deal introduces World Liberty Financial’s stablecoin, USD1, as the medium of transaction.
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🎯 Price Targets
Short-Term (May–June 2025):
Target Range: $14.48 – $17.55
Rationale: Analysts predict that TRUMP could reach this range by mid-May, contingent on market conditions and investor sentiment.
Mid-Term (Q3–Q4 2025):
Target Range: $35.88 – $56.55
Rationale: Forecasts suggest that TRUMP could reach this range by the end of 2025, driven by increased adoption and favorable regulatory developments.
Long-Term (2026–2030):
Target Range: $75.94 – $100
Rationale: With continued development and adoption, TRUMP has the potential to achieve these price levels in the long term.
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🛠️ Entry Strategy
Ideal Entry Point:
$10.50 – $11.00: Entering within this range aligns with recent support levels, potentially offering a favorable risk-reward ratio.
Stop-Loss:
$9.00: Setting a stop-loss slightly below the support zone to mitigate potential downside risk.
Take-Profit Levels:
Short-Term: $14.50
Mid-Term: $35.00
Long-Term: $75.00