BorisBorissss

Members of the cryptocurrency community are worried that before dinner with the President of the USA Donald Trump, the meme coin Official Trump (TRUMP) could sharply drop. TRUMP has become extremely expensive and has increased in value by 76% after it became known that 220 people, owning the largest amount of meme tokens, will be able to meet with Trump at the National Golf Club near Washington. Among them should be one of the leading investors in Official Trump, the creator of the TRON (TRX) blockchain, Justin Sun, who owns tokens worth $14.3 million.

The cryptocurrency exchange Binance has completed the second round of its campaign 'Vote for delisting'. This initiative allows users to remove tokens from the exchange. After several rounds, tokens such as FTX Token (FTT), Zcash (ZEC), and JasmyCoin (JASMY) came under close scrutiny.

The FTX Token (FTT) became the main candidate for elimination, receiving 11.1% of the total number of votes. At the time of voting, the token was trading at $0.81, giving no hope for any recovery. Zcash (ZEC) and JasmyCoin (JASMY) received 8.6% of the votes each, and this voting result can be explained by issues of price effectiveness. Additionally, the community is concerned about their long-term prospects on the platform. Negative reactions from the exchange's clients were also received by GoPlus Security (GPS) and PlayDapp (PDA), which garnered 8.2% and 7.6% of the total number of votes, respectively. Voxies (VOXEL), Alpaca Finance (ALPACA), and STP Network (STPT) received 7.1%, 6.3%, and 5.9%, respectively. According to Binance, the final decision regarding exclusions will not be based solely on the results of the community voting. The exchange team will conduct an internal assessment considering market indicators and will check compliance with regulatory requirements and liquidity.

After several months of stagnation and bearish sentiment in the altcoin market, a significant rally may begin. Notable crypto analyst Michaël van de Poppe published a chart reflecting a huge bullish divergence in the market capitalization of altcoins relative to Bitcoin (TOTAL2/BTC).

Van de Poppe identified a multi-year falling wedge model as a structure that often signals a bullish price reversal. The last time such a bullish divergence was observed, it was followed by a parabolic surge in 2020, marking the start of one of the largest altcoin seasons. The analyst emphasized that the current market is witnessing the longest bullish divergence in the entire history of altcoins. The RSI (relative strength index) has consistently formed higher lows while the price reached lower lows. This is a classic setup hinting at a price reversal. In fact, the break has already occurred, and the price has restored the resistance of the wedge and has retraced it as support. A repeated test, according to van de Poppe, could confirm a new uptrend in the altcoin market. The TOTAL2 chart (total market capitalization of cryptocurrencies excluding Bitcoin) shows that as of April 14, TOTAL2 bounced from the $830 billion zone and is now fluctuating around the $960 billion mark, showing signs of revival after a week of sideways movement. This price movement restored the Fibonacci correction level of 0.382 and is attempting to break above key levels of 0.5 and 0.618, which are commonly monitored for trend reversals.