🚀 The TRUMP coin rises by more than 27% in 24 hours!
The price of Trump Coin (TRUMP) increased from $11 to $14.20 in less than a day, amidst strong media and trading momentum, following the announcement of a massive trade deal between the United States and the United Kingdom!
Key points:
The trading volume of TRUMP exceeded $2 billion with an increase of over 325%.
It broke the downward trend that had persisted since April and touched $16.50 before rebounding from the DMA-50 moving average support.
A special dinner for 220 of the top coin holders at the White House on May 22 adds significant momentum.
More than 76% of the potential attendees for the dinner are non-Americans, racing to secure seats.
Will it reach $70 again? With Bitcoin surpassing the $100,000 mark, analysts believe that the price of TRUMP may re-test its previous peak at $23.50, and perhaps even reach $70!
But beware:
80% of the supply is owned by entities linked to Trump.
Severe volatility, and a previous drop from $75 to $11 shows its high risks.
Potential accusations of manipulation and conflicts of interest loom on the horizon.