Official Trump Coin in the Slums as the Biggest 24h Loser? Is TRUMP Going to Zero?
Official Trump (TRUMP) has booked an 8.2% loss in the past 7 days and briefly broke below a key area of support, favoring a bearish Trump Coin price prediction.
Trading volumes in the past 24 hours have surged by 31% to $460 million, currently accounting for a quarter of the token’s circulating supply, indicating that the selling pressure is quite strong.
Volumes reached a peak of $1.2 billion on August 14 as the token hit the $10 threshold. Since then, TRUMP has lost 16% as it currently sits at $8.4.
— BeLaunch (@BeLaunch_)...
Trump Token Tanks: -5% in 24h
$TRUMP now at $8.44 after losing key support at $8.55.
Why the drop?ETF hype cooling (SEC docs still preliminary)
Technicals: RSI + MACD bearish
Whales sending tokens to exchanges
Any good news?Justin Sun still holding a… pic.twitter.com/Jg86Jn82uj