TRUMP Leads Meme Coin With $1.50 Billion Trading Volume As Market Recovers

The meme coin based on Solana OFFICIAL TRUMP (TRUMP) is recovering from recent losses. Amidst a general market uptrend, the token's value has surged nearly 15% in the past 24 hours, outperforming top meme coins by market capitalization. $TRUMP Superior to Top Meme Assets The gradual revival of trading activities in the cryptocurrency market has led to a two-digit surge in the value of TRUMP. At the time of reporting, this token was trading at $16.87. This currency has increased by 13% in the past 24 hours, surpassing major meme currencies such as SHIB, DOGE, and PEPE, which only increased by less than 10%. During the evaluation period, the trading volume of TRUMP has exceeded 1.50 billion USD, an increase of 102%. When the trading volume increases along with the price of assets, it shows strong market interest and investor confidence.

This indicates that the price increase is supported by real demand rather than speculation, indicating that the price volatility of this meme coin is more sustainable. Moreover, TRUMP's funding rate remains positive despite recent market challenges. At the time of reporting, this rate is 0.0050%.

The funding ratio of an asset is the periodic payment exchanged between buying and selling traders on a futures contract. It aims to keep the contract price in line with the price of the underlying asset. Like TRUMP, when the sponsorship ratio is positive, it means that buyers are paying sellers, indicating that the market is bullish and there is more buying pressure than selling pressure. Predicting TRUMP price: Is $29.13 the next price level? On the daily chart, TRUMP is on the downtrend line that has kept the price low since January 22nd. When an asset moves above the downtrend line, it signals a potential reversal in market sentiment, indicating that the asset may be transitioning from a downtrend to an uptrend. This breakthrough shows increasing interest in buying TRUMP and may mark the beginning of a new price increase if demand rises sharply. In this scenario, the token price could rise to $29.13.

On the other hand, if TRUMP traders continue to take profit, the price may lose recent gains and drop to $14.27. DYOR! #Write2Earn #BNBRiseContinues $TRUMP {spot}(TRUMPUSDT)