TRUMP Meme Coin Poised for 200% Rally as Justin Sun Backs It With $100M Investment
The TRUMP meme coin ($TRUMP) is capturing market attention after crypto heavyweight Justin Sun announced a $100 million investment, fueling projections of a 200% price surge. Currently trading near a key support level at $7.14, technical analysis indicates a potential breakout toward $22.98 if bullish momentum persists.
Chart patterns reveal a double bottom formation, complemented by the RSI breaking its downtrend—a strong reversal signal. Priced around $9.01 at press time, the asset has demonstrated resilience at this level before. Sun's public commitment to acquire the 'OFFICIAL TRUMP Coin' lends institutional validation to what began as a purely speculative meme token.