$TRUMP Trump Crypto surged with $2.5B in volume, riding the Bitcoin rally and Donald Trump’s hype. Is this top Trump meme coin eyeing massive gains? Meanwhile, the Solaxy SOLX token presale raised over $27 million.
Crypto is back in the green, and apart from Bitcoin, which is lifting market sentiment as it approaches $90,000, the official Trump meme coin is making moves. Not only is the token emerging as one of the best meme coins to buy in 2024—judging by its impressive gains—but analysts believe the coin, thanks to its links with President Donald Trump, could be one of the best cryptos to buy in the coming days.
Latest Trump Crypto News Today Shows Token Up 10% in 24 Hours
According to Coingecko, TRUMP is up nearly 10% in the last trading day, outperforming Dogecoin, Pepe, and others.
At the same time, based on TRUMP derivatives data from Coinglass, trading volume is up 360% to over $2.5 billion, and open interest is up 23% to more than $366.5 million.
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Increasing open interest—which measures the number of open leveraged positions on leading exchanges—and volume point to growing interest from traders. Most of this volume is generated on Binance and OKX, though most trading occurs on Binance and Bybit.
This is a major reprieve for the presidential meme coin, which, in recent trading weeks—especially in February—has been under immense pressure, dropping by over 90%. After peaking at around $72, the token slumped, falling as low as $10 in March.
From a technical candlestick perspective, prices have been consolidating, moving sideways. The development from the last trading day suggests that buyers may be positioning for more gains.
If TRUMP meme coin prices edge higher today, confirming the buyers from March 23, they could surge to $18 and $25 in the coming days, assuming buyers press on as bulls from late January return.
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