🔥 TRUMP jumps 18% — Is $2 next? 🇺🇸 Official Trump (TRUMP) surged 17.6% in 24 hours, reaching around $1.64 after Donald Trump announced plans to purchase a sizable amount of Bitcoin and other crypto assets. Trading volume exploded by 325% to $397M, while market cap climbed back above $400M. 📊 The move wasn’t driven by spot buyers alone. Derivatives volume jumped 1,155% to $703M, while Open Interest increased 44% to $117M. Spot Netflow also turned negative, suggesting less TRUMP was immediately available for sale. ⚠️ But there’s a catch: TRUMP has historically struggled to hold rallies triggered by Trump-related announcements. $1.80 is the key upside level, with $2 potentially coming into play if demand remains strong. A failure to sustain momentum could send the token back toward $1.30. 📌 Bottom line: The setup looks bullish, but the rally still depends heavily on sustained demand — not just headlines. DYOR.
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Reign of Crypto provides in-depth analysis and updates on the cryptocurrency market. It covers essential topics such as KYC policies, Ethereum Layer-2 development, and market trends involving major cryptocurrencies like Bitcoin and XRP, all delivered with a professional tone.
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