OFFICIAL TRUMP Price Prediction: TRUMP Pumps 5% As Trump’s Crypto Ventures Adds $620M to Its Networth
TRUMP price jumps 5% as Donald Trump’s crypto ventures boost his net worth by $620 million, fueling renewed market interest.
The OFFICIAL TRUMP price has pumped 5% in the last 24 hours to trade at $8.84 on a 33% surge in the daily trading volume to $254 million.
OFFICIAL TRUMP Price Surges As Trump Adds $620M
The increase TRUMP price comes as Donald Trump’s wealth is reportedly grown by at least $620 million this year, mostly due to his involvement in the crypto world.
For the first time, crypto now makes up a big part of Trump’s estimated $6 billion fortune. Most of his money still comes from real estate and his media company, but about 9% now comes from crypto.
Trump and his three sons also made $390 million by selling tokens from their family crypto company, World Liberty Financial. They also still hold over $2 billion worth of the company’s tokens. The business made another $100 million after an Abu Dhabi firm used their stablecoin to invest in crypto exchange Binance.
Trump also owns a memecoin called Official Trump (TRUMP), currently worth around $150 million. Millions more TRUMP tokens will be unlocked over the next three years, but it’s unclear how many Trump himself will get. The coin has been criticized, especially after Trump announced a dinner and VIP tour for the top 220 token holders.
Trump’s sons, Donald Jr. and Eric, also own part of American Bitcoin, a mining company that raised $220 million to buy Bitcoin and mining equipment. The company plans to go public soon through a merger with Gryphon Digital Mining.
OFFICIAL TRUMP Price Struggles Below $9 as Bearish Pressure Persists
The TRUMP/USDT pair remains under significant selling pressure, with the price unable to hold above the $9 level despite recent hype around Donald Trump’s growing involvement in the crypto space.
The chart shows that the token has been stuck in a steady downtrend since its explosive launch earlier this year. After a brief price surge that saw TRUMP peak above $40, the token quickly entered a sharp correction phase.
The chart also highlights a well-defined bearish channel that dominated the market from February to March. Although the token managed a short-lived recovery, it has since settled into a consolidation zone, fluctuating between $7 and $10.
Throughout May and June, the price formed a “falling curve” pattern, reflecting consistently lower highs and weakening bullish momentum. There have been multiple attempts to break higher, leaving a key resistance level around the $20 mark.
RSI Signals Weak Buying Momentum as Bears Dominate
The Relative Strength Index (RSI) is currently hovering at 37.80, near oversold territory, signaling weak buyer interest and continued bearish pressure.
For now, TRUMP remains stuck in a consolidation zone below $9. Bulls will need a strong breakout above this level, followed by a move toward the $20 resistance area, to regain control.
Until that happens, the technical outlook favors sellers, with the potential for further downside. Despite growing attention on Trump’s crypto portfolio, the price action suggests that traders should remain cautious and wait for clear signs of a reversal before expecting a bullish breakout.
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