BREAKING: $TRUMP fell to $13 after a Chinese tech company—allegedly linked to TikTok investors—poured in $300 million, taking an 11% stake.
Some investors saw this as a show of confidence, but many rushed to sell.
Why the split reaction?
Concerns over regulations, foreign ownership, and rising political tensions.
Trading volume surged past 11 million, yet the price stayed within a tight range.
If $13 holds as support, a rebound toward $15.85 is possible.
If it breaks down, $10.33 could be the next stop.
With U.S. lawmakers scrutinizing pro-Trump tokens, expect continued volatility.
