$TRUMP

Trump Coin ($TRUMP) has shown high volatility recently, typically reflecting the market characteristics of meme coins. Since its launch on January 17, 2025, the coin price soared to a high of $74.27 on January 19, with a market cap briefly exceeding $14.5 billion, but then fell sharply. The current price is about $10.95, down approximately 85% from its peak. Over the past week, the coin price has dropped by 15.8%, with a 24-hour trading volume of $647 million, indicating an active market but declining enthusiasm. At the end of April, Trump announced a dinner with the previous 220 holders, which spiked the coin price by over 50%, but the upward momentum could not be sustained. From a technical perspective, the coin price has support around $10, but there is significant downward pressure, and without new positive catalysts in the short term, it may struggle to break through the resistance level of $13. Overall, the $TRUMP trend is driven by political events and social media sentiment, is highly speculative, and carries a high risk, so investors should proceed with caution.