Trump coin (TRU) has once again become the market focus. In just 24 hours, its price soared over 30%, briefly surpassing the $8 mark, and the volume skyrocketed to new heights, completely igniting market enthusiasm.



This wave of increase is not accidental. On the news front, political developments related to Trump and the entry of large funds have become the main driving force behind the explosive rise in coin prices. Reports indicate that the progress of the China-US trade agreement and an investment injection of up to 100 million dollars have completely broken the previous sluggish trend of TRU, giving many early investors hope again.

From a technical perspective, although there are short-term pullback signals, with the EMA and MACD crossing and prices slightly retreating from the highs, the overall trend has not deteriorated. Currently, the price of TRUMP is oscillating around $6.9, which is in a relatively bottom region. For investors who have not yet entered, this is undoubtedly a good opportunity to get involved.

For those friends who were previously stuck at higher positions, now adding to their positions to lower costs is also a rational choice. After all, as long as Trump remains active on the political stage, the token named after him will still have topicality and financial attention. In the next two years, as the U.S. election cycle progresses, every word and action of Trump could become a catalyst for coin price fluctuations.

Market sentiment is currently overall optimistic. Although the inflow of funds has slowed down in the short term, most people in the community still have expectations for the medium to long-term trend. Of course, any investment comes with risks, especially in high-volatility assets like Meme coins. Controlling positions and gradually allocating investments is the wise approach.

If you also recognize the influence behind Trump, you might as well pay attention to the trends of TRUMP during this market consolidation phase. Perhaps, it is on the eve of the next explosion. $TRUMP #中美达成经贸共识 #抄底币种推荐
TRUMP-0,05%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)