TRUMP Coin (TRUMP) is a politically themed meme token associated with U.S. President Donald Trump. Launched in January 2025 and issued on the Solana blockchain, the TRUMP token saw its price soar to $75 in the early days of its launch, attracting continued attention due to the craze and speculation.
TRUMP coin latest price
According to BTCC market data , as of May 7, 2025, $TRUMP was quoted at $10.96, down 0.45% in 24 hours.
24-hour range: high $11.24, low $10.40.
Key Support Level: $10.00
Short-term resistance: $12.00 area
Technical Analysis
TRUMP coin is currently in a consolidation range, and the Bollinger Band (BOLL) is gradually narrowing, indicating that the price has entered a consolidation and consolidation period, ready to go.
The MACD momentum turned slightly positive, and there may be a rebound momentum in the short term, but the trend is not strong yet.
The current price has fallen below the short-term moving average support. The MA trend shows that a weak consolidation structure is forming, and short-term pressure is relatively large.
If the volume breaks through the upper track of 11.20, the short-term bullish trend will continue; if it falls below the lower track of 10.50, it may test the previous low support again.
Market sentiment
TRUMP tokens are a kind of "long-term sentiment asset" that relies on hot spots and high-frequency trading. The project party makes profits through a 0.3% handling fee mechanism. Since its launch, it has accumulated $320 million in fees.
On-chain data shows that about 80% of tokens are still locked, and based on 500,000 tokens unlocked daily, the potential release value is as high as $5 million. Once market sentiment turns cold or major investors cash out, prices will face significant downside risks.
The coin is highly tied to Trump's personal influence, and its price fluctuations are highly correlated with his media trends. The coin holders' dinner on May 22 may set off another wave of hype, but the U.S. Senate has launched an investigation into his involvement in cryptocurrencies, and regulatory trends have become a key variable affecting market expectations.
Summarize
TRUMP coin is currently in a critical support range. Its fundamentals are greatly affected by policies and Trump's political events. The unlocking mechanism and high concentration of tokens pose certain risks. Investors are advised to pay close attention to Trump's media activities and set up stop-profit and stop-loss strategies to cope with possible sharp fluctuations.
