As of June 7, 2025, the Official Trump Coin (TRUMP) is trading at approximately $10.45, reflecting a 5.6% increase over the past 24 hours. The coin's market capitalization stands at around $2.1 billion, positioning it as the fourth-largest meme coin by market cap.
Latest Developments: Eric Trump recently announced that World Liberty Financial (WLF) plans to acquire a substantial position in TRUMP, leading to a brief 6% price spike. However, internal disputes have emerged, with Eric Trump stating that the TRUMP meme coin team will not proceed with launching its crypto wallet following disagreements with WLF. Additionally, a significant unlock of 50 million TRUMP tokens, valued at over $520 million, is scheduled for July 18, potentially impacting market dynamics.
Trade Signals: Technical indicators suggest a potential bullish breakout, with patterns like 'Code 144' indicating upward momentum. Analysts predict that if TRUMP breaches the $14 resistance zone, it could target the $25–$28 range, with speculative scenarios pushing it towards $100.
Next Movement: While short-term forecasts indicate a possible dip to around $8.26, long-term projections remain optimistic, with some analysts anticipating TRUMP surpassing $100 by the end of 2025, driven by increased adoption and favorable regulatory developments.
*Note: Cryptocurrency investments are subject to high volatility. Conduct thorough research and consider risk factors before investing.*
