Official Trump Price Prediction: Will $TRUMP Rebound After Whale Dumps $32.8 Million on Binance?
The OFFICIAL TRUMP ($TRUMP) meme token has seen a 3% rise in the past 24 hours, recovering slightly from recent geopolitical turmoil. However, the coin remains down 13% weekly and 32% monthly, underperforming the broader crypto market (-6.9%). A whale’s transfer of $32.8 million in TRUMP to Binance has raised concerns, but the token’s strong ties to Donald Trump could fuel a medium-term recovery. Meanwhile, Solaxy (SOLX), a new Solana L2 network, has emerged as a promising altcoin after raising $58.5 million in its presale.
What’s Driving the Official Trump Price Volatility?
The OFFICIAL TRUMP Price has been highly reactive to both geopolitical events and large wallet movements. The token dropped sharply after US airstrikes in Iran, only to partially recover as tensions stabilized. However, the recent transfer of 3.5 million TRUMP ($32.8 million) to Binance by a team-linked wallet has renewed selling pressure. Historical data shows similar transfers have preceded price drops: a $47 million transfer on June 4 led to a 14.6% decline the next day. Since January’s peak, TRUMP has plummeted 88%, though technical indicators now suggest it may be oversold.
Source: TradingView
Can Technical Indicators Predict a TRUMP Recovery?
TRUMP’s chart shows potential for a near-term bounce. The Relative Strength Index (RSI) has touched 30 (purple line), entering oversold territory, while the MACD (orange and blue lines) shows signs of bottoming out. However, further escalation in Middle East tensions—such as Iran blocking the Strait of Hormuz—could delay recovery. Medium-term prospects appear stronger due to Donald Trump’s active promotion of the token. Price targets suggest $10 by July-end, $15 by August, and $25 by year-end if bullish momentum returns.
Are There Concerns About TRUMP’s Team Dumping Tokens?
Critics argue TRUMP primarily enriches its founders. Lookonchain data reveals the team has moved $150 million worth of TRUMP to exchanges since April 28, each time preceding price drops. This pattern intensified ahead of a controversial “whale dinner” for top holders. While the team claims these are routine operations, the consistent timing has fueled accusations of market manipulation.
What Are the Best Alternatives to TRUMP in 2025?
For traders seeking alternatives, Solaxy (SOLX) stands out as a top contender. This Solana-based L2 network raised $58.5 million in its presale, promising faster transactions, lower fees, and enhanced stability. Key features include:
- Instant bridging with Solana
- Planned multi-chain compatibility
- Native DEX and token launchpad
- SOLX token for fees and staking
SOLX is now available on Raydium and Uniswap, positioning it as a potential leader in DeFi and meme token trading.
Frequently Asked Questions
Why did the Official Trump price drop recently?
The price declined due to a combination of Middle East tensions and a whale transferring $32.8 million in TRUMP to Binance, sparking sell-offs.
Is TRUMP a good long-term investment?
While short-term volatility is high, the token’s association with Donald Trump and its oversold technicals suggest potential for recovery by year-end.
How does Solaxy improve upon Solana?
Solaxy reduces congestion with faster confirmations, lower fees, and plans for cross-chain interoperability, making it a scalable L2 solution.
