💥 Trump’s $2.5B Bitcoin Treasury Shakes Up Meme Coin Markets — Is TRUMP Token Ready for Takeoff? 🚀
The Official $TRUMP
meme coin (TRUMP) is holding steady, finding support at the 50-day EMA — despite trading sideways at $2.85 after last week’s rejection near $16.00. That dip followed negative reactions to an exclusive dinner event for top TRUMP holders with President Donald Trump on May 22.
But here’s the biggest headline:
Trump Media & Technology Group just dropped a bombshell — a $2.5 billion plan to build a Bitcoin treasury! 💣💰
Let’s break down the details:
💵 $1.5 billion raised via ordinary stock sales
🏦 $1 billion secured through convertible senior secured notes
📝 Totaling a $2.5 billion private placement deal, closing by May 29
And the bold strategy? Trump Media plans to hold Bitcoin as a key part of its assets. 🪙🦅
CEO Devin Nunes stated:
> “We view Bitcoin as an apex instrument of financial freedom, and now Trump Media will hold cryptocurrency as a crucial part of our assets. This is a bold step in transforming the company into a holding company with profitable, America First-aligned businesses.” 🇺🇸🦅
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What’s next for TRUMP token?
While the price hasn’t moved much yet, a small 1% daily gain could signal that momentum is quietly building. 📈
Key levels to watch:
🔹 50-day EMA support near $12.60
🔹 Green demand zone around $10.00
🔹 Buyer congestion area between $8.90 and $7.15
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Final thought:
This Bitcoin treasury move could be the spark that ignites the next leg for TRUMP. Keep your eyes on the charts — the next rally could happen faster than you think! 🚀🔥