Trump Coin Surges 70% in a Month—Is $60 the Next Stop?
Another day, another meme coin defying gravity—this time with a political twist. Trump Coin just ripped past a 70% gain in 30 days, leaving traders scrambling and skeptics rolling their eyes. Could $60 be next? Here’s the breakdown.
The Rally No One Saw Coming
Forget fundamentals—this is pure momentum trading. The coin’s recent pump smells like retail FOMO meets influencer hype, with a dash of election-cycle speculation. Classic crypto alchemy.
Wall Street’s Worst Nightmare
While traditional investors stress over P/E ratios, Trump Coin traders are riding volatility like a rodeo bull. The 70% surge? Just another Tuesday in the land of unregulated digital gambling—sorry, ‘alternative assets.’
$60 or Bust?
Technical charts suggest the rally might have legs, but let’s be real: in crypto, ‘resistance levels’ are just lines drawn by someone who bought the top. Either way, buckle up—this thing moves faster than a campaign promise.
Source: CoinGecko
Trump Coin Surges Amid Dinner With President Gala
TRUMP’s latest rally could be due to President TRUMP hosting a dinner for the top holders of the asset. Many, including TRON founder Justin Sun, are expected to have dinner with the President soon. Sun stated that he is the top TRUMP holder, with almost $18.6 million invested in the coin.
Trump Coin’s rally also comes amid Bitcoin’s (BTC) recent climb to $107,000. The original crypto is inching closer to hitting a new all-time high. Despite the rally, BTC seems to be struggling to breach the $108,000 mark.
Other positive developments include the GENIUS stablecoin regulation act moving forward. Investors may be anticipating clearer regulations around the crypto space. The development could lead to retail clients feeling more comfortable with crypto investments. TRUMP and other assets could surge with better investor sentiment.
$60 Just Around The Corner?
According to CoinCodex, TRUMP may be entering another bullish phase. The cryptocurrency analysis firm anticipates the asset to continue rallying over the coming weeks. CoinCodex analysts expect TRUMP to trade at $67.67 on June 28. TRUMP’s price will rise by 374.54% if it hits the $67.67 target.
It is also possible that the Trump Coin will not rally as predicted by CoinCodex. The asset does not have any real-world utility. The asset’s price is based on Speculative news, especially developments around President Trump’s crypto ventures. The dinner Gala may lead to a rally, but prices may face a correction soon after.
