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Bitcoin’s recent fall below its $100k support compounded the woes ravaging Trump coin ($TRUMP) – a Solana-based meme coin launched by President Donald Trump, plunging its price below $25.
The meme coin has repeatedly traded down over the past week, dropping from its peak of $75 to $30 before a broader market crash further pulled its price below $25.
However, as the market stabilizes, with Bitcoin reclaiming the $100k support level once again, Trump coin is now showing signs of recovery and has gone up by 14% on the daily charts to trade around the $29 level.
But will $TRUMP reach $40 in February or reverse to chase its $25 support?
OFFICIAL TRUMP Market Analysis – $TRUMP Enters Consolidation Phase
Trump coin, also known as OFFICIAL TRUMP, set the market ablaze following its explosive debut on January 18, 2025–two days to the inauguration of Donald Trump as the 47th president of the United States.
Within hours of its launch, the Solana-based token exploded to $10 billion to force its way into the top three list of the largest meme coins by market cap, flipping the likes of Pepe, Bonk, Floki Inu, and Dogwifhat.
As the bullish frenzy around TRUMP gained more ground, more investors dove into the FOMO vibe without a second thought, buying the tokens in droves.
This massive buying pressure skyrocketed the price of the token from $6 to a peak price of $75 within twenty four hours. During this period, one early investor who bought $1 million worth of TRUMP tokens realized $78 million profits.
This rapid pump was followed by a massive slump that pulled its market cap below $6 billion. While it recorded major listings on tier-1 exchanges like Robinhood, Binance, and eToro, TRUMP coin’s price chart has mostly shown red candles since the inauguration of Trump on January 20.
However, after losing almost 60% of its ATH, TRUMP is gradually roaring back to life, all thanks to Bitcoin’s recent ascent above the $100k mark. The token, according to CoinmarketCap, has surged 14% to $29.75, bottoming out of its yesterday low of $25.
Accompanying the positive price movement is the slight surge in its daily trading volume—which has risen almost 4%, suggesting renewed interest in the meme coin.
As the price continues to oscillate between $25 and $29, there is a growing sense of optimism that it could reclaim $32 soon. This possibility could form a stable base for potential future movements.
However, the meme coin faces major resistance within the $34-$39 range. In the meantime, the consolidation phase in the 4-hour timeframe may act as an accumulation period before the bulls initiate a strong upward trajectory that could help the token breach the next key resistance at $34.
The buy signal in the 4-hour chart supports the upward trend, with the next significant resistance levels at $34,37 and $42, respectively. If the bulls sustain this upward momentum, a breakout above this resistance could push the token’s price toward $50 in the coming days.
In the event that bears gain control, the price may retest the immediate support level at $25. A break below this level could push the price further down to the channel’s lower boundary at $23 and $18, representing a strong support zone.
That being said, Jacob Crypto Bury, a renowned crypto Youtuber with over 54.8K subscribers, has made a bullish case for TRUMP, saying a few pumps “are all it’ll take to see the TRUMP token look good again.”
Trump Coin Price Prediction – Short & Long-Term
TRUMP Coin Price Prediction – Short-Term
Investors should expect $TRUMP to exhibit the same level of volatility as it has so far. Since it does not portray any long-term utility nor has any core fundamentals to speak of, its price performance will solely depend on the activities of Donald Trump and the broader market conditions.
If Bitcoin sustains its upward trajectory and probably hits new highs in February, $TRUMP could potentially follow, moving up to reach $50. Conversely, the token might continue its volatile action, oscillating between $30 and $35.
TRUMP Coin Price Prediction – Long-Term
Many influential personalities including Senator Elizabeth Warren are already calling on the U.S. financial regulators to open a probe for TRUMP, citing unethical concerns in the manner in which the token was launched.
If a probe is eventually initiated, it could dampen investor confidence, resulting in a massive selling frenzy that could pull the token’s price to new lows.
While there’s no clarity around how the TRUMP price will move in the long term, the outcome of this probe will definitely have a strong impact on its future performance.
Meme Index (MEMEX) – A New Meme Coin Project That Makes Diversification Easy To Achieve
The extremely volatile nature of the meme coin market makes diversification a necessity for generating profits. While a bigger pump is not completely out of sight for $TRUMP, investors could better position themselves for more returns by diversifying into projects that allow them to navigate the entire meme coin market in one go.
One such project is Meme Index – the world’s first decentralized meme coin index, offering four different meme coin indices to make investment diversification easy to achieve. Not only does it provide multiple indices, it also allows the community to decide which assets can be added or removed.
Each index caters to the varied risk-taking appetite of investors. First up is the Meme Titan—a basket featuring the “creme de la creme” in the meme coin world, catering to those looking for a more stable investment. There is also the Moonshot Index, containing meme tokens that are slightly below the $1 billion market cap and are aiming to challenge those in the Titan category.
Those willing to stomach a bit of volatility can try out the Midcap Index, featuring tokens that are within the $50 million to $250 million market cap threshold. And finally, there is the Meme Frenzy Index, suitable for the biggest risk-takers.
MEMEX – the native token of the platform – will grant access to each of the aforementioned indexes. It will also act as a DAO crypto, allowing holders to determine how the indexes are rebalanced. And that’s not all!
There is also an element of staking attached to $MEMEX, ensuring that presale buyers can compound their gains even before the project makes its full debut.
All of this, and more, has been causing the wild excitement around the project. Its presale is rapidly selling out, having raised over $3 million to date.
More so, leading publications such as Cointelegraph have covered this project, highlighting the importance of its offerings in enhancing investors’ endeavors in the thrilling meme coin market.
Influential market experts like Cilinix Crypto have also expressed bullish views on Meme Index, describing it as a worthwhile investment for those seeking massive returns in the next meme coin supercycle.
Those willing to get in early can visit the website of the project to join the presale.
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