📊 Market information
• Current price: ~12.60 USDT
• 24h volatility: -2.04%
• 24h high: ~12.90 USDT
• 24h low: ~12.40 USDT
• 24h trading volume: ~561 million USDT
• Market capitalization: ~2.51 billion USD
• Circulating supply: ~200 million TRUMP
• Total maximum supply: ~1 billion TRUMP
• All-time high (ATH): 74.27 USDT (19/01/2025)
• Current price compared to ATH: -83%
• Current price compared to 52-week low: +193%
🧠 Project overview
OFFICIAL TRUMP is a memecoin on the Solana blockchain, introduced by former President Donald Trump in January 2025. This token has attracted significant attention from the cryptocurrency community and investors, especially after Trump hosted a gala for the top 220 TRUMP holders, with the reward being a private dinner with him. This event attracted many prominent figures in the cryptocurrency and sports world, such as billionaire Justin Sun and former NBA star Lamar Odom.
⚠️ Market warning
• Impact from BTC: The altcoin market, including TRUMP, is heavily influenced by the volatility of BTC. When BTC is highly volatile, technical analysis may lose effectiveness. Investors should be cautious and consider carefully before making trading decisions.
• Risk from the unlock event: Some investors have used a hedging strategy by buying TRUMP to participate in the event while shorting through futures contracts to protect capital from price fluctuations after the token is unlocked.
📈 Technical analysis
• 1H & 4H frame: TRUMP is fluctuating in the range of 12.40–12.90 USDT. No clear signals of trend yet.
• 1D frame: MACD and RSI show slight bearish signals, but no strong bearish trend confirmation yet.
• 1W frame: The price is still within a long-term downtrend channel; it needs to break above 13.00 USDT to confirm an upward trend.
🎯 Trading strategy
Long Order:
• Entry: 12.60 USDT
• TP: 13.00 USDT
• SL: 12.30 USDT
• Success probability: ~60%
Short Order:
• Entry: 13.00 USDT
• TP: 12.50 USDT
• SL: 13.30 USDT
• Success probability: ~55%
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