Meme Coin TRUMP Soars 20% Daily After a Major Announcement: What Are the Next Targets?
Most leading cryptocurrencies have posted minor gains or losses over the past 24 hours, suggesting the broader market has consolidated after recent turbulence.
However, Official Trump (TRUMP) has defied the ongoing calm after pumping by double digits within the timeframe. Check out what triggered the move and whether this is the start of a major bull run.
‘Big Manipulation’ Ahead?
The meme coin briefly touched $2.90 before retreating to the current $2.75 (per CoinGecko), representing a roughly 20% daily increase. Its market capitalization has surged to almost $700 million, making it the 90th-largest cryptocurrency and the sixth-biggest in its niche.
The most obvious catalyst for the rally appears to be the announcement that Official Trump will make an appearance at Korea Blockchain Week (a major blockchain event taking place between September 29 and October 1 in Seoul).
According to numerous analysts, the meme coin may chart much more substantial gains in the near future. X user Cyriptoman4 noted that the price hasn’t broken the $3-$3.15 resistance level yet, envisioning a rally above $10 if it stays persistently above the upper boundary.
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