Official Trump (TRUMP) Dominates Crypto Market as US President Rewards Top Bagholders 📈
Solana-based meme coin Official Trump (TRUMP) surged nearly 30% following an announcement that the U.S. president will host a gala dinner for the coin’s top 220 holders, igniting investor interest. TRUMP’s trading volume shot up by over 500%, reaching $5.11 billion, marking its highest daily volume since February.
The price and trading volume surge highlights strong market sentiment and indicates new investor entries, supporting TRUMP’s ongoing uptrend. Technical indicators, such as the Parabolic SAR, suggest further bullish momentum.
With TRUMP trading at $11.82, further rallying could see it reach $22.14, though profit-taking could reverse gains, bringing its price to $7.14.
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