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TRUMP (OFFICIAL TRUMP) fell 3.83% in 24 hours
Gate News Bot news, July 01, according to CoinMarketCap data, as of the time of writing, TRUMP (OFFICIAL TRUMP) is currently priced at $8.74, a fall of 3.83% in the last 24 hours, with a highest of $9.50 and a lowest of $8.73. The current market capitalization is approximately $1.747 billion, a decrease of about $69.56 million compared to yesterday.
OFFICIAL TRUMP is an official cryptocurrency token issued by former U.S. President Donald Trump. The token aims to serve as a means of expressing support for Trump and his ideals, while also being a digital collectible. The TRUMP token is issued on the Solana blockchain with a total supply of 1 billion, which will be gradually released over a period of 3 years. Holders can join the Trump supporter community through this token and participate in related activities.
Important news about TRUMP recently:
1️⃣ TRUMP token officially recognized, officially integrated into the payment system of Trump-related stores The official Trump merchandise store now officially supports payments using TRUMP tokens. Users can now purchase official merchandise such as perfumes, sneakers, watches, and other products under the Trump brand using TRUMP tokens. This move greatly enhances the utility and recognition of TRUMP tokens, and is expected to attract more Trump supporters to join the TRUMP token ecosystem.
2️⃣ American Bitcoin secures $220 million in financing, Trump family increases investment in Bitcoin mining business The cryptocurrency company American Bitcoin, supported by Eric Trump, son of Donald Trump, has completed a $220 million financing round to purchase Bitcoin and mining equipment. The Trump family is committed to promoting the U.S. as the "crypto capital" through participation in various cryptocurrency projects. This indicates that the Trump camp is actively positioning itself in the cryptocurrency space, which may bring more attention and opportunities to the TRU token.
3️⃣ U.S. Treasury Secretary reveals that Trump will sign tax bill before Independence Day U.S. Treasury Secretary Mnuchin stated that the tax bill is progressing smoothly, and Trump plans to complete the signing of the bill before Independence Day on July 4th. The new tax policy may impact the cryptocurrency market, and investors should closely monitor the details of the bill and its potential effects on the TRU token.
Technical analysis: The price of the TRUMP token has recently shown a falling trend, with a 3.83% drop in the last 24 hours. The current price hovers around 8.74 USD, and it may continue to face downward pressure in the short term. Investors should pay attention to the performance at the resistance level of 9.50 USD and the support level of 8.73 USD.
This message is not an investment advice, and investors should be aware of market volatility risks.