The $TRUMP MP token slipped 2.5% to $13 on May 14, following the announcement of a $300 million acquisition by a Chinese technology firm reportedly connected to stakeholders in TikTok. While the move was initially interpreted as a bullish endorsement, the scale of the purchase—representing approximately 11% of TRUMP's total market capitalization—triggered significant profit-taking and raised geopolitical concerns.

Market participants voiced unease over the implications of foreign investment in a politically sensitive digital asset. With Trump-aligned tokens already under regulatory and political scrutiny in the U.S., analysts warned of the risk of centralized influence in a space traditionally built on decentralization.

Trading volume spiked past 11 million, but price action remained constrained within a narrow band. Currently, $TRUMP is testing a key support level at $13.09, aligned with the mid-Bollinger Band. Holding above this level could pave the way for a potential recovery toward $15.85. However, failure to sustain support may see the token retreat to the $10.33 zone.

On the legislative front, U.S. lawmakers have raised red flags about the growing political entanglement of Trump-linked crypto assets. Scheduled hearings in June are expected to further scrutinize issues of foreign influence and financial conflicts, adding to the uncertainty hovering over the token’s future.

With regulatory pressures mounting and geopolitical tensions in play, $TRUMP

remains a high-risk, high-volatility asset as investors await further developments.

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