๐จ $TRUMP Coin Struggles as $USD1 Upgrades Shift Attention to Liberty Financial
๐ป TRUMP Meme Coin Falters at $10.00
The once-surging TRUMP meme coin faces weak recovery, with prices hovering near $10.00, amid a sharp 14% drop in trading volume and 12.4% dip in futures open interest (OI) over the past 24 hours.
๐ Investor Apathy Grows
โข Volume: $678M (-14%)
โข Open Interest: $383M (-12.4%)
The downturn in OI signals waning speculative interest as market participants pull back.
๐งฑ USD1 Steals the Spotlight
The Trump familyโs World Liberty Financial (WLFI) announces major updates to its USD1 stablecoin:
๐น New bridge and swap functionality
๐น Updated modules for loans and WLFI app (in development)
๐น Fully backed 1:1 with USD and U.S. Treasuries
๐น Designed for multi-chain interoperability and stable DeFi integration
โ ๏ธ Key Levels for TRUMP
โข Support: $10.00 (critical psychological level)
โข Resistance: $16.00 (55% above current price)
โข Midpoint congestion zone: ~$13.00
๐ Outlook
The $10 support zone may attract dip buyers, especially if broader crypto sentiment improves. But without renewed momentum or volume, TRUMP risks prolonged consolidation or breakdown.
๐ง Takeaway: Meme coin hype fades fast โ and utility-backed moves like USD1 could define the next phase of politically charged crypto assets.
#TRUMP #USD1 #MarketPullback #TrumpTariffs #CryptoRoundTableRemarks