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Reading: Why the Official Trump Coin Is Up Today Amid Crypto Market Drop
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EdaFace Newsfeed > Latest News > Crypto News > Why the Official Trump Coin Is Up Today Amid Crypto Market Drop
Crypto News

Why the Official Trump Coin Is Up Today Amid Crypto Market Drop

vitalclick
Last updated: October 29, 2025 6:20 am
15 minutes ago
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Contents
Whale Buying & Shrinking Exchange BalancesBoost from Trump Media and ETF HopesTrump Token Price OutlookTrust with CoinPedia:Investment Disclaimer:Sponsored and Advertisements:Share this crypto insight with your network!

Official Trump Coin (TRUMP) is back in the spotlight, jumping nearly 10% in a single day to trade around $7.53, defying the overall crypto market drop. The sudden surge shows how politically themed tokens can attract attention when big investors and technical signals align at the right time.

Here’s what happened and why it’s surging today!

Whale Buying & Shrinking Exchange Balances

One major reason behind the price spike is a wave of whale accumulation. Large investors have been quietly buying TRUMP over the past few weeks, increasing their holdings from 3.97 million to 4.88 million tokens. This steady accumulation often signals growing confidence that the token could climb higher in the near term.

At the same time, coins sitting on exchanges have dropped. Fewer coins on exchanges often imply a less ready supply and hint at stronger buyer conviction

Boost from Trump Media and ETF Hopes

Investor excitement grew even stronger after a New York Stock Exchange division filed to list a spot Bitcoin ETF tied to Donald Trump’s Truth Social platform. This connection between Trump Media and crypto markets boosted optimism around all Trump-linked digital assets.

Adding to the momentum, World Liberty Financial announced its USD1 stablecoin will integrate with the Enso blockchain, strengthening the ecosystem linked to TRUMP.

Trump Token Price Outlook

From a technical perspective, TRUMP has broken key resistance levels, flipping short-term charts bullish. The price now hovers near the upper boundary of its falling wedge pattern, a structure that often signals a trend reversal.

TRump token price chartTRump token price chart

If the token holds above its current support and breaks out decisively, analysts believe TRUMP could rally toward $13 to $19 in the coming months, turning today’s rebound into the start of a larger bullish phase.

Trust with CoinPedia:

CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:

All opinions and insights shared represent the author’s own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:

Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

Share this crypto insight with your network!

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