TRUMP Meme Coin Team Teases New Game Slated For December Launch
The Official Trump (TRUMP) meme coin team announced it is working on a mobile game themed around the US President as part of a broader effort to give the crypto more utility and bolster its ailing price.
A trailer for the mobile game, titled “Trump Billionaires Club,” was shared on X, featuring a Trump-like voice asking players if they want to become billionaires.
The meme coin’s promoter, Bill Zanker, plans to release the game on Apple’s App Store and online by the end of this month.
TRUMP Meme Coin Holders Can Soon Build Their Own Business Empires
The game, which uses the Trump name under a licensing agreement, is set in New York and combines themes of wealth-building associated with the President, with gameplay similar to the property board game Monopoly.
Players will be able to spend their TRUMP tokens as they try to build business empires while gaining influence and winning prizes in return.
OpenLoot will provide the support for digital collectibles and non-fungible tokens (NFTs) in the game. Players will thus be able to collect and trade Trump-themed NFT statues and pins. Additionally, they can use them in missions and to unlock upgrades.
The game’s developers have also said that in-game purchases can be made using either standard payment methods, crypto, or directly with the TRUMP meme coin.
In a bid to attract players, the company behind the game, Freedom 45 Games LLC, will also offer $1 million worth of the meme coin in prizes.
Not The First Attempt To Boost TRUMP’s Price
The upcoming game is the latest initiative in a series of efforts by Zanker to boost TRUMP’s struggling price.
Just days before President Trump’s inauguration in January, the meme coin hit a market capitalization of around $8.8 billion. Since then, however, it’s imploded 79% to below $1.2 billion, according to CoinGecko.
Earlier this year, Zanker organized a dinner with President Trump for the meme coin’s top holders in an effort to boost its price. Instead, the event drew criticism and protest from people who argued that access to the US President was being bought.
TRUMP Technical Indicators Slowly Turning Bullish
In the past 24 hours, the TRUMP price has jumped over 3%.
Daily chart for TRUMP/USD (Source: GeckoTerminal)
Looking at the meme coin’s daily chart shows that the crypto has entered a consolidation pattern between $5.239 and $6.211 in the last few days. This follows a medium-term downtrend.
The latest sideways trading could be the build up to a breakout for TRUMP, as technical indicators slowly start to turn bullish.
More specifically, short-term Exponential Moving Averages (EMAs), the Moving Average Convergence Divergence (MACD), and the Relative Strength Index (RSI) show early signs of a bullish trend reversal.
The shorter 9 EMA is starting to rise towards the longer 20-day EMA, which suggests that TRUMP’s momentum is starting to turn bullish.
That bullish shift is supported by the MACD line, which recently crossed above the MACD Signal line to trigger a major bullish technical flag.
Meanwhile, RSI readings have slowly started to rise, which could be seen as a sign of growing buyer strength.
Those technical flags suggest TRUMP may soon try to break above the $6.211 resistance level. If this happens, the meme coin could end up rallying.
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