{"id":44535,"date":"2025-02-14T13:44:51","date_gmt":"2025-02-14T13:44:51","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=44535"},"modified":"2025-02-14T13:44:51","modified_gmt":"2025-02-14T13:44:51","slug":"trumps-meme-coin-explodes-by-15-in-an-hour-new-bull-run-incoming","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=44535","title":{"rendered":"TRUMP\u2019s Meme Coin Explodes by 15% in an Hour: New Bull Run Incoming?"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

TRUMP exceeded $19.50 for the first time in almost two weeks, with its rally coinciding with the broader meme coin revival.<\/span>
\nAnalysts see $22-$30 as the next target, but with the RSI ratio above 70, traders should watch for a potential pullback.<\/p>\n

<\/a><\/span><\/h2>\n

TRUMP Heads North Again<\/h2>\n

Official Trump (TRUMP) \u2013 a meme coin launched by the president of the United States \u2013 made the headlines recently, charting an impressive resurgence. Its price shot by approximately 15% in the past hour, surpassing $19.50 (per CoinGecko\u2019s data) for the first time since early February.\u00a0<\/span><\/p>\n

<\/a>TRUMP Price, Source: CoinGecko<\/p>\n

The exact reason behind the rally remains unknown. However, it can <\/span>be linked<\/span> to the overall revival of the meme coin sector, whose market capitalization has pumped by 3% in the last 24 hours, exceeding $82 billion. Another factor could be recent support from the leading South Korean crypto exchange, Upbit. <\/span>As<\/span> CryptoPotato<\/span><\/em> reported<\/span><\/a>, <\/span>it listed<\/span> the trading pairs<\/span>: <\/span>TRUMP\/KRW, TRUMP\/BTC, and TRUMP\/USDT.<\/span><\/p>\n

Multiple industry participants noted the meme coin\u2019s latest spike, predicting this could be the starting point for a new bull run. The X users Robert Mercer and Crypto Jobs are among the optimists. The former <\/span>envisioned<\/span><\/a> a rise to $30, while the latter <\/span>believes<\/span><\/a> the price could jump to the $22-$25 range.\u00a0<\/span><\/p>\n

Ali Martinez <\/span>chipped in, too<\/span>.<\/span> He <\/span>told<\/span><\/a> his over 120,000 followers that TRUMP \u201cis showing a strong rebound after the TD Sequential indicator flashed a buy signal on the 12-hour chart.\u201d<\/span><\/p>\n

Meanwhile, traders willing to jump on the bandwagon should keep an eye on the Relative Strength Index. The ratio recently <\/span>climbed<\/span><\/a> above 70, which indicates that the asset might be overbought and due for a potential pullback.<\/span><\/p>\n

TRUMP\u2019s Turbulency in the Last Weeks<\/span><\/h2>\n

The meme coin<\/span> saw the light of day<\/span><\/a> in mid-January, shortly before Donald Trump officially became America\u2019s 47th president. It entered the crypto market with a bang, with its <\/span>market<\/span> capitalization quickly rising above a whopping $14.5 billion. Thus, it briefly <\/span>flipped<\/span><\/a> Shiba Inu (SHIB) to become the second-biggest meme coin after Dogecoin (DOGE).\u00a0<\/span><\/p>\n

Since then, though, TRUMP has been on a massive downfall. Its price has plummeted by over 70% since the peak of $72, while the market capitalization currently stands at less than $4 billion.\u00a0<\/span><\/p>\n

These sharp drops highlight the volatility of celebrity-endorsed meme coins. Anyone considering entering the ecosystem should be prepared for sudden price swings in either direction and invest <\/span>only<\/span> what they can afford to lose.<\/span><\/p>\n

The post TRUMP\u2019s Meme Coin Explodes by 15% in an Hour: New Bull Run Incoming?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR TRUMP exceeded $19.50 for the first time in almost two weeks, with its rally coinciding with the broader meme coin revival. Analysts see $22-$30 as the next target, but with the RSI ratio above 70, traders should watch for a potential pullback. TRUMP Heads North Again Official Trump (TRUMP) \u2013 a meme coin launched […]<\/p>\n","protected":false},"author":0,"featured_media":44536,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-44535","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/44535"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=44535"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/44535\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/44536"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}