Trump Coin Tumbles as Analysts Slam ’Political Hype Cycle’—Is the Memecoin Bubble Bursting?

Speculative frenzy around Trump-themed cryptocurrencies hits a wall as traders realize dinner with a former president won’t moon their portfolios. Here’s why the smart money’s already exiting stage left.

Pump-and-dump déjà vu? The latest ’celebrity coin’ craze shows all the hallmarks of previous crypto bubbles—overleveraged retail traders, influencer hype, and zero underlying utility. Meanwhile, institutional investors quietly rotate into BTC ETFs.

Bonus jab: Nothing boosts a token’s value like politicians pretending to understand blockchain between golf games.

TRUMP Price Analysis: Is Trump Coin About to Rug?

While Trump Coin has fallen 15% since its Wednesday peak, technical indicators display characteristics of a correction rather than a sell-off.

The Relative Strength Index (RSI) signals buyer exhaustion, making a sharp U-turn after soaring past the overbought threshold at 70—often a precursor to short-term corrections.

The rally is now more closely aligned with the projected breakout target of a descending channel forming since early March, topping out at the $13.70 resistance.

The rally also affirms the breakout path of a symmetrical triangle pattern forming since early February.

If support at $11.25 holds, TRUMP could regain momentum and target a move toward the triangle’s projected top at $20—marking a potential 65% upside from current levels.

New ICO Introduces the Latest Self-Custody Solutions

After the multi-month freefall across the altcoin market, presale investing has become a popular strategy—offering a hedge against downturns and a shot at above-average returns.

One project catching early attention is Best Wallet ($BEST), bridging the gap between Web2 familiarity and Web3 functionality with its upcoming “Best Card.”

The Best Card takes the place of the traditional debit card, allowing seamless real-world transactions using stablecoins anywhere that Mastercard is accepted through Best Wallet.

The in-app “Upcoming Tokens” feature, which shows emerging crypto projects, has particularly caught investors’ attention with a reputation for providing high-gain trading alpha.

With almost $11.2 million raised in its ongoing presale, the project is already gaining strong momentum—potentially credited to its 127% APY on staking that rewards early investors.

You can keep up with Best Wallet on X, Discord, and Telegram, or join the presale on the Best Wallet website.