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This biotech just delivered a medical first in myocarditis and has a Phase 3 trial fully funded into 2027. Wall Street targets imply massive revaluation ahead.

Trump Meme Coin Rebounds 9%, Traders See Positive Signs

Khyathi Dalal
January 28, 2025

The Trump (CRYPTO: TRUMP) meme coin has surged into the spotlight, rebounding by 9% on Tuesday.

CryptocurrencyPrice   Market Cap24-Hour Trend7-Day Trend
OFFICIAL TRUMP (CRYPTO: TRUMP) $29.20$5.8 billion+9.2% -28.2% 
Official Melania Meme (CRYPTO: MELANIA) $2.40$415 million-2.6% -39.6% 

Trader Notes: Cold Blooded Shiller sees promising signs for TRUMP near its recent lows, pointing out a bullish divergence forming just below the $32 resistance level.

He believes reclaiming $32 could signal that TRUMP has found a temporary bottom.

In another tweet, Shiller suggested that TRUMP's value could be closely tied to Donald Trump's personal influence, calling it a fascinating intersection of crypto and politics.

Johnny, another trader, shared that he recently opened a position in TRUMP following a 70% correction from its highs.

He noted that TRUMP appears to have bottomed out and expects a reclaim of $30 could lead to a rapid rise toward $38.70.

Johnny added that it's unlikely Trump would let the coin fade, hinting at the potential for a TRUMP-focused ETF in the future.

Statistics: The 24-hour trading volume of $3.3 billion for TRUMP surpasses other high-ranking gainers in the market.

TRUMP is the highest-volume meme coin in the market, surpassing the trading volume of much larger Dogecoin by over 60%.

Read Next: 

  • Cathie Wood Dismisses Trump Meme Coin, Remains Focused On Bitcoin, Ethereum, Solana

Image: Shutterstock

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