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Cryptocurrency News Articles
Trump Memecoin Price Surges Ahead of the Dinner with the Former President
Apr 30, 2025 at 01:59 pm
In the world of crypto, nothing draws attention like a well-timed event. Before the Trump dinner invite was announced, analysts noticed a heavy whale accumulation of the Trump memecoin.
In the fast-paced realm of cryptocurrency, few things can capture attention like a well-timed event. Before the announcement of the Trump dinner invite, analysts had already noticed a significant whale accumulation of the Trump memecoin.
In the fast-paced realm of cryptocurrency, few things can capture attention like a well-timed event. Before the announcement of the Trump dinner invite, analysts had already noticed a significant whale accumulation of the Trump memecoin.
Now, despite the TRUMP token price currently at $13.26, reflecting a 4% drop from recent gains, its price is surging quickly. This showcases investors’ interest in the Trump dinner hype for the top 220 holders.
Now, despite the TRUMP token price currently at $13.26, reflecting a 4% drop from recent gains, its price is surging quickly. This showcases investors’ interest in the Trump dinner hype for the top 220 holders.
This TRUMP memecoin ‘contest’ was termed “literally cashing in on the presidency” by Campaign Legal Center’s Adav Noti. However, with investors’ support, the TRUMP token bullish run seems inevitable.
This TRUMP memecoin ‘contest’ was termed “literally cashing in on the presidency” by Campaign Legal Center’s Adav Noti. However, with investors’ support, the TRUMP token bullish run seems inevitable.
Price Rally Sparks Hope for Trump Memecoin
After bouncing off a key support level, the $TRUMP coin has shown strength. The rally began shortly after the dinner invite news broke, flipping the 4-hour market structure into a bullish trend. Also, the On-Balance Volume (OBV) indicator surged, a sign of demand. This suggests traders weren’t just speculating; they were buying with intent.
Moreover, the Trump token reclaiming the $10 mark was crucial from a technical perspective. It wasn’t just about momentum; it signaled renewed belief in the token.
Moreover, the Trump token reclaiming the $10 mark was crucial from a technical perspective. It wasn’t just about momentum; it signaled renewed belief in the token.
With this bullish shift, short-term traders can now set their sights on new targets, and long-term holders have reason to smile again.
Resistance at $16 Puts a Cap on the Rally
While the price recovery was strong, the Trump token price couldn’t break through the $16 mark. This level has acted as a supply zone throughout the recent price action, and once again, it proved too resistant.
The rejection at the 78.6% Fibonacci retracement level around $15.99 signaled the start of a short-term pullback.
The rejection at the 78.6% Fibonacci retracement level around $15.99 signaled the start of a short-term pullback.
Despite many hoping for a breakout, the Relative Strength Index (RSI) quickly dropped below 50, indicating increasing bearish pressure.
For short-term traders, this shift in momentum is significant. It suggests that sellers might gain more influence as the buying strength diminishes.
The $16-$15.99 zone now becomes a psychological and technical barrier for the next bullish push. As shown in the chart below, Trump crypto is currently priced around $13, mirroring a 40% weekly growth.
Chart 1- TRUMP/USDT Price Analysis, provided by ZUBAIR OF WEB, published on CoinMarketCap, April 30, 2025.
Pullback Zones to Watch: $13.4 and $11.78
Not all price drops are bad; some are just pauses before the next move. The recent correction has brought the $TRUMP token closer to key support zones.
First, the 50% retracement level at $13.65 is likely to face pressure. If this breaks, then $13.4 is the next likely stop. According to heatmap data, this level has become a magnet for liquidity.
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World Liberty Financial (WLFI) Token Hype
While TRUMP takes the main stage and supports World Liberty Financial, he is quietly building momentum. Reports suggest the project has already raised $1 billion, even before the token hits major exchanges.
This is no small feat in today’s bear market. For perspective, Huobi and OKX tokens, both major exchange tokens, are currently valued at $666 million and $293 million, respectively, according to CoinMarketCap.
Although the WLFI token hasn’t launched yet, the hype around it is real. It’s another example of how the Trump brand is fueling crypto conversations.
Many believe the success of one token could help boost the other. If WLFI delivers on its promise, it might even pull more attention (and liquidity) into the broader Trump ecosystem.
If you're interested in learning more about cryptocurrency and Web3 technologies, be sure to join the discussion in the CCXV community. We're a space for crypto enthusiasts to connect, share insights, and stay abreast of the latest developments in the rapidly evolving digital asset landscape.
If you're interested in learning more about cryptocurrency and Web3 technologies, be sure to join the discussion in the CCXV community. We're a space for crypto enthusiasts to connect, share insights, and stay abreast of the latest developments in the rapidly evolving digital asset landscape.
What’s Next for $TRUMP?
Looking ahead, the market seems split. On one hand, there’s short-term bearish momentum. On the other hand, strong demand and political hype remain.
If the Trump memecoin dips to $13.4 and finds support, a bounce back toward the $15.8 liquidity zone could follow. But if sellers take over and the price drops below $13.22, a revisit to $11.78 is likely.
One thing’s for sure, the influence of the Trump dinner invite and ongoing investor interest continues to drive speculation. Whether you’re a trader or just watching the
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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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