Trump Launches Official Meme Coin, Raises $148 Million
- Trump Coin Craze: U.S. President Trump launched his official meme coin (TRUMP) just before taking office, retaining 80% control of its supply while raising $148 million, blurring the lines between politics and meme culture, indicating the potential of digital assets in political activities.
- Intense Launchpad Competition: Pump.fun dominated the Solana launchpad market in 2025 with an 80% market share, generating $640 million in revenue despite criticism over high fees, showcasing its strong position in successful token launches.
- Dogecoin's Disappointing Debut: Dogecoin (DOGE) made its Wall Street debut but failed to attract investment, with Grayscale's DOGE ETF recording only $1.41 million in trading volume, reflecting waning market interest that could impact future capital inflows.
- Significant Market Volatility: In 2025, the meme coin market cap plummeted by 62% to $38.3 billion, with trading volume crashing 76% to under $3 billion, highlighting the high volatility and shifting investor sentiment within this sector.
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Technical Analysis for TRUMP
Technical Sentiment Analysis for OFFICIAL TRUMP (TRUMP) As of , OFFICIAL TRUMP (TRUMP) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 5 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for TRUMP stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, TRUMP is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
OFFICIAL TRUMP (TRUMP) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 1.545 | 2.282 | 3.045 | 3.782 | 4.545 | 5.282 | 6.045 |
| Fibonacci | 2.282 | 2.855 | 3.209 | 3.782 | 4.355 | 4.709 | 5.282 |
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