In the first 100 -day period when US President Donald Trump took office again, there were remarkable mobility in the crypto currency market. While the price of Memecoin, Trump, has seen serious fluctuations, the steps and statements taken by Trump had a wide repercussion in the market.
Price increases and political effects
Trump Memecoin launch, which coincided with the beginning of the Trump period, was a rapid rise with the interest of investor. Coin’s value was folded in a short time, while this rally could not be long -term. The uncertainty that dominated the market has caused the re -decline of prices.
The crypto currency community carefully followed Trump’s crypto -friendly stance. The $ 500 billion investment plan for artificial intelligence, the amnesty of the Silk Road founder, the harsh attitude towards the Central Bank digital currencies (CBDC) and the establishment of a crypto -supported working group were the leading headings in this period. Each of these developments created positive or negative repercussions on the market.
The “Trump Dance ğı, which Trump exhibited on the stage on the occasion of the 100th day of the presidency, found a wide place on social media and increased the interest in Memecoin. The reflection of this interest in prices was not delayed.
Food invitation and technical appearance
The special dinner invitation, which will be organized by Trump, caused a surprise price splashing in the market. Trump Coin was valued by approximately 60 %after the invitation was announced. However, some segments called for an investigation, claiming that this event is aimed at directing investors.
Looking at Coin’s technical analysis, the rise trend has not yet ended. According to experts, the range of 25 to 45 dollars in the short term is targeted. In the long run, values of over 60 dollars are possible. However, these estimates are carefully handled due to the volatility in the market.
The decrease of approximately 7 %in the last 24 hours, pointed out to shrink prices. On-Chain data shows that the Trump team has played an active role in token transfers. This raises the possibility of manipulation in the market.
The current price is considered as a critical threshold for the preservation of the rise acceleration. However, analysts emphasize that uncertainties may continue in both short and long term. Trade voltage between the US and China and the global supply chain problems are among the factors affecting investors’ risk appetite.
The crypto market presented a moving and uncertain painting in the first 100 days headed by Trump. While the market reacted directly to political developments, the speculative nature of the Memecoins once again showed itself.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
