The Trump Coin price has held steady in the past 24 hours, keeping to $12.82 as the cryptocurrency market loses by 1.5% today.
TRUMP has been on a downwards curve since President Donald Trump hosted a dinner for the coin’s 220 biggest holders on May 22, with the meme token down by 2% in a week and by 13.5%.
In fact, the Trump Coin price has suffered an 82.5% decline since reaching an ATH of $73.43 on January 19, the day before Trump’s inauguration.
But given the President’s taste for self-promotion, there remains every chance that the coin could witness numerous more pumps in the coming months, even if its long-term trajectory isn’t promising.
Trump Coin Price Prediction: Post-Dinner Silence Has Traders on Edge – Is Something Brewing?
Looking at TRUMP’s chart today, we see that it’s not too far away from hitting a bottom.
For example, its 30-period average (orange) is about to drop below the 200-period (blue), signalling a selloff that should then clear the way for renewed gains.
Source: TradingView
Likewise, TRUMP’s relative strength index (purple) has fallen below 50 in recent days and looks like it’s on its way to 30, or lower.
Again, this indicates further losses in next few days, while also hinting that a rebound is on the horizon.
Trump Coin’s trading volume has declined considerably in recent days, with today’s reading of $560 million representing its lowest level since mid-April.
This suggests that interest in the token has waned since the conclusion of the aforementioned dinner on May 22, which included such attendees as Tron’s Justin Sun and former NBA player Lamar Odom.
It’s likely that the next few days could see the Trump Coin price drop as low as $12, yet the fact that it has Donald Trump backing should help it to rise again.
While Trump’s involvement in a meme coin has attracted vociferous criticism from his opponents, it also means that it can probably look forward to other future pumps.
So in the medium-term, we can expect more rallies, with the Trump Coin price potentially on course to reach $20 by the end of Q3.
Another Altcoin with Huge Potential in 2025
Of course, skeptics may suggest that TRUMP won’t have much of a life when Donald Trump leaves office, in which case traders may prefer to look at alternatives already.
While finding new tokens before they surge can be tricky, looking at successful presales can be one way of narrowing the field.
This is because presales with strong enough momentum can lead to big rallies when the corresponding tokens list.
And one presale coin with good momentum right now is Bitcoin Bull (BTCBULL), an ERC-20 token that bases its deflationary tokenomics on Bitcoin’s growth.
BTCBULL has now raised $6.4 million in its increasingly popular sale, with investors seemingly bullish about the coin’s future potential.
The token will have a hard cap of 21 billion BTCBULL, with the coin set to burn a portion of its supply whenever Bitcoin (BTC) itself reaches price milestones.
This will begin when BTC touches $125,000 for the first time, and will continue with each additional $25,000.
Not only that, but the Bitcoin Bull protocol will host airdrops whenever Bitcoin itself reaches a new $50,000 milestone, beginning with $150,000.
And what’s exciting about this is that the airdrops will provide BTCBULL holders with Bitcoin.
This could make Bitcoin Bull a very profitable token to hold, particularly when owners can stake the coin.
Investors can join its sale at the Bitcoin Bull website, where BTCBULL costs $0.002535.
This price will rise every few days until the sale ends, at which point BTCBULL will list on exchanges.
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