TRUMP Meme Coin Could Surge 700% To $78 After Months-Long Decline, Analyst Says
More than 760,000 investors have lost over $1 billion since the TRUMP meme coin launched in January, eroding trust in the token. crypto analyst Master Ananda identifies a potential bottom formed in April, marking 131 days of decline and suggesting a possible reversal based on historical altcoin patterns.
The analyst projects a 700% price increase to $78, citing typical altcoin recovery cycles that span 8-10 months from bottom to peak. Historical data indicates altcoins often require a two-month buildup before entering bullish momentum, which can last one to three months. TRUMP's four months of sideways movement may signal the early stages of such a cycle.
"If you are ready to wait 3 months, it doesn't matter what is happening short-term; what matters is the long-term results," Master Ananda noted, emphasizing the patience required for potential gains.