Is Trump Coin the Next Bitcoin? TRUMP Soars as Holder Dinner Announced
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President Donald Trump’s meme coin, TRUMP, is on a tear – soaring another 33% today, following yesterday’s massive 60% surge.
Fueling the rally is a headline-grabbing offer straight out of a political drama: the top 220 buyers of the token are invited to a private dinner with Trump at his Washington, D.C. golf club on May 22.
As for the top 25 holders? They’ll receive a VIP tour and exclusive reception with the President.
The announcement catalyzed a massive surge in both price and trading activity. According to CoinMarketCap data, in the past 24 hours, TRUMP price jumped 33%, reaching $12.24 at press time.
Additionally, the trading volume exploded by 500%, crossing the $5 billion mark, suggesting rising interest from investors and market participants.
Trump Price Analysis: What the Technicals Say
On the 1-hour chart, TRUMP recently broke out of a descending wedge pattern – a bullish reversal setup – before spiking to a high of $16.12.
After the explosive move, the price pulled back and is now consolidating around $12.23, forming a range just above previous resistance.
The RSI sits at 54.51, cooling off after briefly entering overbought territory, indicating the token may be preparing for its next leg up or a period of sideways consolidation.
If bullish momentum returns, the next resistance zone lies between $13.80-$14.50, followed by the wick high at $16.40, a key breakout level that could open the door to new all-time highs.
On the downside, immediate support is at $11.20, with stronger backing at the psychological $10 level. A deeper correction could revisit the $8.60-$7.15 region – a key demand zone and prior breakout area.
Meme Coin Raises $4.96M in Presale amid TRUMP’s Surge
While the Official Trump (TRUMP) token continues to rally, another breakout meme coin is grabbing attention – and it’s all about Bitcoin.
BTC Bull ($BTCBULL) is a meme-powered play on Bitcoin’s journey to $250K and beyond, rewarding holders with BTC airdrops or token burns every time BTC climbs another $25K.
Source: BTC Bull Token
The project has already raised $4.96 million in its ongoing presale, with just 2 days and 23 hours left before the next price increase.
Holders can also stake their tokens for a dynamic 83% APY, adding serious utility to their position – and a massive BTC airdrop awaits once Bitcoin hits $250K.
The BTC Bull community is growing fast on X (formerly Twitter), with more traders joining the movement as Bitcoin heats up.
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