#CryptoRegulation Trump Coin Slips to $13 Amid $300M Buy by Chinese Tech Firm, Market Reacts Cautiously

The $TRUMP token dipped 2.5% to $13 on May 14 after news broke of a $300 million investment by a Chinese tech company reportedly linked to TikTok stakeholders. While some initially viewed the purchase as a show of confidence, the massive acquisition—representing roughly 11% of TRUMP's market cap—triggered significant profit-taking.

Investors expressed concern about geopolitical implications and the potential for regulatory scrutiny, particularly with Trump-aligned tokens already under political pressure. Market analysts noted fears of centralized influence in what is traditionally a decentralized space.

Trading volume surged to over 11 million, yet the price hovered in a tight range, reflecting market uncertainty. $TRUMP is currently testing key support at $13.09, the mid-Bollinger Band level. A hold above this could spark a rebound toward $15.85, but a breakdown might lead to a drop near $10.33.