The current price of TRUMP coin is around $8.49-$8.54, with a 24-hour trading volume of $273 million-$280 million. The market capitalization stands at approximately $1.7 billion, ranking #56-#76 on CoinGecko and CoinMarketCap.
*Recent Developments:*
- *Canary Capital Files for Spot TRUMP ETF*: Canary Capital has submitted an S-1 filing to the U.S. SEC for a proposed spot TRUMP Coin ETF, designed to track the price of the TRUMP token.
- *Crypto Dinner and Market Sentiment*: The TRUMP coin's price surged after Donald Trump announced a "Crypto Dinner" with top TRUMP token holders, sparking interest and demand. However, regulatory concerns and market volatility may impact its price ¹ ².
*Price Predictions and Trends:*
- *Short-term Prediction*: Analysts predict a potential rally to $17-$20 in the short term, driven by speculative hype and market sentiment.
- *Long-term Prediction*: A breakout from the Cup and Handle pattern could see TRUMP Coin experience a 63% gain, potentially reaching $23.954 or $25 ³.
*Market Performance:*
- *24-hour Price Change*: 0.49%-0.58% increase
- *7-day Price Change*: 0.67% increase
- *Market Dominance*: TRUMP coin's market capitalization represents 0.54% of the global cryptocurrency market ² ¹.
