📉 Current price
Current price: Approximately $12.29.
Market capitalization: Approximately $2.46 billion.
Daily trading volume: Approximately $444 million.
Weekly performance: A decrease of 17.7% over the past seven days, indicating weak performance compared to the overall market.
🔥 Top news
Exclusive dinner for investors: On May 22, President Trump hosted a private dinner at his golf club in Virginia for the top 220 holders of the $TRUMP currency. Investments in the currency exceeded $148 million, with prominent international investors like Justin Sun participating. However, many investors incurred significant losses, with approximately 43% of participants collectively losing nearly $9 million since the currency's launch in January.
Ethical and regulatory concerns: The combination of digital currency and political rewards, such as the exclusive dinner, has drawn widespread criticism. Ethics observers have expressed concerns about potential conflicts of interest, especially with the involvement of foreign investors.
📊 Forecasts and analyses
Short-term forecasts: Analyses indicate a potential drop in price to around $12 in the coming days, with a possibility of recovering to $20 by the end of the third quarter of the year, especially if political support for the currency continues.
2025 forecasts: Predictions range from $70 to $100, depending on the currency's adoption and developments in government regulations.
Long-term forecasts (2026-2030): Predictions vary significantly, with some sources suggesting the price could reach $500 by 2030, while others expect a decline in price to $12.
⚠️ Warnings for investors
High volatility: The currency is subject to significant price fluctuations, exposing investors to high risks.
Regulatory risks: Changes in government policies may have negative effects on the currency's value.
Ethical concerns: The combination of politics and investment in digital currency raises questions about transparency and integrity.
🎯 Summary
The TRUMP digital currency represents a blend of politics and digital finance, making it unique in the cryptocurrency market. While it offers investment opportunities, it also carries significant risks related to price volatility and ethical and regulatory concerns. Investors should exercise caution and conduct necessary research before making investment decisions.