BusinessPostCorner.com
No Result
View All Result
Monday, June 16, 2025
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
BusinessPostCorner.com
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources
No Result
View All Result
BusinessPostCorner.com
No Result
View All Result

TRUMP Coin Price Prediction: 27% Surge the Start of Recovery to Record Highs?

May 9, 2025
in Crypto News
Reading Time: 5 mins read
A A
0
TRUMP Coin Price Prediction: 27% Surge the Start of Recovery to Record Highs?
ShareShareShareShareShare

The TRUMP coin (TRUMP) price is surging during early Friday trade, having pumped to above $14.20 from under $11 in under 24 hours.

Per CoinMarketCap, that means the token has grained a massive 27% in the past 24 hours, amid a 325% surge to more than $2 billion in 24 hour trading volumes.

The announcement of a US/UK trade deal was the catalyst for the abrupt TRUMP coin price rally, which is mirrored by upside seen across crypto and global risk asset markets.

BREAKING: The UK-US trade deal

– 25% US tariff on UK steel and aluminium scrapped entirely

– 100,000 UK cars per year to enter US with reduced 10% tariff, then 27.5% applies

– $10bn UK airline deal for Boeing planes in return for Rolls-Royce engines and parts for… pic.twitter.com/IOSMEpUyKN

— Politics UK (@PolitlcsUK) May 8, 2025

Investors appear to be hoping that this signals a thawing of trade tensions since President Trump began hitting major trade partners with tariffs in early April.

Positive technical developments also add to the idea that this latest TRUMP coin price rally could have legs.

The TRUMP coin price broke decisively out of a long-term downtrend in late April, with the rally really going into overdrive after the White House announced a private Gala diner for the top 220 token holders.

After peaking around $16.50, the TRUMP coin price subsequently fell back towards $10, but found strong support at its 50DMA.

TRUMP Coin Price Prediction

That’s a strong sign that the bulls have regained control of this market.

Can the TRUMP Coin Price Rally to New Record Highs?

So does that mean a new rally back to, or beyond, record highs is on the cards?

Well, ahead of the private Gala event for TRUMP coin holders in the White House, scheduled for May 22, hype could continue rising.

Per an article from Bloomberg, 76% of the top holders vying for a spot at the diner table are non-US based buyers, given the wallets used exchanges not available to US residents.

As the competition to be in the top 220 spots rises, that could result in fresh TRUMP coin price upside in the near-term.

And that upside could be compounded if Bitcoin and the broader crypto market continues to see gains.

BTC burst back above $100,000 on Thursday and is eyeing a retest of its $108,000 record highs from earlier in the year.

Bitcoin $100.000 🚀 pic.twitter.com/XTs3nri6U2

— naiive (@naiivememe) May 8, 2025

In the world of meme coins, setting precise price targets is all but impossible. But the bulls should not rule out a near-term retest of mid-February highs around $23.50, or even a retest of the crypto’s record highs above $70.

That could mean gains of more than 5x for TRUMP holders in the coming weeks.

TRUMP – A Good Long-term Investment?

Proponents of Trump Coin as a long-term investment argue that its association with the Trump brand, amplified by Donald Trump’s global political influence and social media presence, could drive sustained demand among loyal supporters and speculative investors, potentially increasing its value over time.

Additionally, strategic partnerships, such as those with World Liberty Financial, which reported $500 million in token sales, and potential institutional investments from hedge funds or private equity firms, could enhance price stability and market adoption, positioning Trump Coin as a unique politically branded asset with cultural staying power.

Conversely, critics highlight the coin’s lack of inherent utility beyond speculative trading, noting that its value heavily relies on transient hype and Trump’s personal brand, which may wane or face regulatory scrutiny, as evidenced by concerns over conflicts of interest raised by ethics experts and congressional Democrats.

TRUMP Coin Price Prediction: 27% Surge the Start of Recovery to Record Highs? ALERT: Trump is scamming us to make $1B off crypto.$TRUMP holders and May 5 dinners are part of the scheme.

CNBC calls it “most open self-enrichment scheme in U.S. presidential history"

Soon, he will start dumping some tokens. Here's what's gonna happen 🧵👇 pic.twitter.com/aKoczGh6PG

— Garland (@garlandflips) May 6, 2025

Furthermore, the concentrated ownership—80% held by Trump-affiliated entities—raises risks of market manipulation, and the coin’s volatility, with a peak at $75 followed by a drop to $11, underscores its susceptibility to rapid value swings, potentially deterring long-term investors.

The post TRUMP Coin Price Prediction: 27% Surge the Start of Recovery to Record Highs? appeared first on Cryptonews.


Credit: Source link

ShareTweetSendPinShare
Previous Post

China exports jump 8% in April despite tariffs

Next Post

US pushes financial regulators to backtrack on climate risk project

Next Post
US pushes financial regulators to backtrack on climate risk project

US pushes financial regulators to backtrack on climate risk project

Trump’s Crypto Bet Pays Off: Over 0M Reported in 2024 Earnings

Trump’s Crypto Bet Pays Off: Over $600M Reported in 2024 Earnings

June 15, 2025
There Is No ‘Easy Road’ For Regulation Despite CFTC’s Pro-Growth Stance, Commissioner Caroline Pham Says

There Is No ‘Easy Road’ For Regulation Despite CFTC’s Pro-Growth Stance, Commissioner Caroline Pham Says

June 13, 2025
Trump administration to deploy hundreds of Marines in Los Angeles

Trump administration to deploy hundreds of Marines in Los Angeles

June 9, 2025
IRS extends deadline on crypto broker reporting and withholding

IRS extends deadline on crypto broker reporting and withholding

June 12, 2025
A Belgrade landmark bombed by Nato could get Trump makeover

A Belgrade landmark bombed by Nato could get Trump makeover

June 11, 2025
RSM announces  billion agentic AI investment

RSM announces $1 billion agentic AI investment

June 10, 2025
BusinessPostCorner.com

BusinessPostCorner.com is an online news portal that aims to share the latest news about following topics: Accounting, Tax, Business, Finance, Crypto, Management, Human resources and Marketing. Feel free to get in touch with us!

Recent News

SPX6900 Explodes 15% to .70, Eyes .50 Breakout Target

SPX6900 Explodes 15% to $1.70, Eyes $2.50 Breakout Target

June 16, 2025
Trump Organization to launch mobile phone service and 9 gold handset

Trump Organization to launch mobile phone service and $499 gold handset

June 16, 2025

Our Newsletter!

Loading
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2023 businesspostcorner.com - All Rights Reserved!

No Result
View All Result
  • Home
  • Business
  • Finance
  • Accounting
  • Tax
  • Management
  • Marketing
  • Crypto News
  • Human Resources

© 2023 businesspostcorner.com - All Rights Reserved!