The TRUMP coin (ticker $TRUMP) is one of the most prominent meme cryptocurrencies that has seen a significant rise lately, especially after it became directly associated with U.S. President Donald Trump, who has openly expressed his support for cryptocurrencies in his 2024 presidential campaign. This coin represents a unique phenomenon that combines politics, technology, and mass promotion.
Basic information
Symbol: $TRUMP
Current price: Approximately $12.11
Market cap: Approximately $2.42 billion
Circulating supply: Approximately 199 million
Max supply: Not officially defined
Type: Meme Coin
Performance analysis
The TRUMP coin experienced a notable rise of over 60% during April 2025 after President Trump announced a special dinner for 220 of the largest coin holders on May 22. Additionally, the release of 40 million new tokens was postponed for 90 days, contributing to price stability.
The coin had lost more than 80% of its value after its launch, but it has recently recovered part of its losses, supported by political events and direct promotion from the president himself.
Influencing factors
Direct political support from Trump has made it more than just a meme coin; it has become an electoral and economic attraction tool.
Strong marketing through social networks and special events like the presidential dinner.
Institutional stimulus through White House plans to reduce restrictions on trading digital assets.
Technical analysis
Support level: $12.00
Resistance level: $17.00
Overall trend: Upward in the short term, but cautiously due to high market volatility.
Potential risks
High volatility makes investing in it unsuitable for all investors.
Lack of a real project or actual use cases to support its sustainability beyond political influence.
Future regulatory concerns in case policies change after Trump's term ends.
Conclusion
The TRUMP coin represents a mix of politics and digital finance, and it could turn into a politically influential symbol in the American digital economy. However, investors are advised to approach it with caution and consider it a high-risk investment, especially since it relies on media momentum and public figures rather than on a solid technical project.
