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President Donald Trump has thrown his weight behind the $ TRUMP token on Truth Social, calling it “so cool” and “the greatest of them all.” This public endorsement sparked a 10% jump in the token’s price, with CoinGecko data showing an increase from around $10.9 to $12 almost immediately.
The $ TRUMP token, launched before Trump’s inauguration, operates on the Solana blockchain. It has a total supply of 1 billion tokens, with 200 million released to the public. The remaining 800 million tokens are held by CIC Digital LLC, a Trump Organization affiliate, and Fight Fight Fight LLC. In its early days, the token soared from under $10 to $75, reaching a market cap over $15 billion and generating $29 billion in trading volume.
Market Insights: ✅ Sharp sell-off from $26+ has likely flushed weak hands ✅ Consolidation forming on 15M – potential base for bounce ✅ Watch for reclaim of $21.00 with volume as early confirmation
Pro Tips: ⚡ High risk/reward setup for bounce traders—position sizing is key ⚡ Consider scaling out profits at each target zone ⚡ If $19.80 breaks, wait for stronger structure to form
🔥 Blood on the charts = opportunity for the brave. AUCTION is on the radar for a rebound—are you watching? Eyes on $21 reclaim! 🔥
Want the next dip or breakout setup? Just name the pair!
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