Good Morning Crypto nesian
TRUMP token spiked to $6.43 before retreating to $6.21, still up +9.8% today, fueled by Trump's media blitz and speculation about campaign crypto endorsements. As political discourse heats up, traders are jumping in for quick gains, riding the hype.
The token follows the memecoin trend, driven by viral news and social media buzz rather than fundamentals. RSI is at an extreme 88.4, indicating a possible near-term top, but surging volume and trading above short-term MAs suggest continued upward momentum. $5.80 is acting as support, with bulls eyeing $7.
However, TRUMP remains highly speculative and volatile, with price swings driven more by headlines than real value. Caution is advised—use tight stop-losses and trade only what you can afford to lose.
#CryptoMarketCapBackTo$3T