Today, May 29, 2025, cryptocurrency $TRUMP (Official Trump) is trading at around $12.56, recording a decline of approximately 1.2% in the last 24 hours and a loss of 14% over the last 7 days.

Forecasts for $TRUMP

Short-term forecasts indicate a possible increase of up to 5%, with a price target of around $12.75 in the coming days. In the medium term, estimates vary: some sources suggest stagnation around $12-13 until the end of the year, while others predict significant growth, with prices between $70 and $100, depending on political support and market enthusiasm.

Factors influencing the price

President Trump and his family have taken a pro-cryptocurrency stance, positively influencing the market:

Trump Media & Technology Group announced plans to invest $2.5 billion in Bitcoin, transforming into a “Bitcoin reserve.”

The Trump administration has lifted restrictions on cryptocurrencies in 401(k) retirement plans, promoting their adoption.

Vice President JD Vance emphasized the importance of favorable regulations to maintain the crypto industry in the U.S.

However, these close ties between the administration and the crypto industry have raised concerns about possible conflicts of interest.

Bitcoin's evolution

Since Trump's reelection in November 2024, Bitcoin has increased by 60%, reaching an all-time high of $111,970. However, in the last 24 hours, the price has dropped by 2.2%, reaching approximately $107,800, despite major announcements at the Bitcoin 2025 conference in Las Vegas.

Conclusion

Despite strong political support, the $TRUMP market remains volatile, influenced by external factors and investor sentiment. Investors should closely monitor political and economic developments to make informed decisions. $TRUMP