After dumping hard last weekend, Donald Trump’s signature Official Trump coin (TRUMP) is back on a bullish path – at least temporarily. The most popular PolitiFi crypto inked 25% gains on the weekly timeframe, bouncing off the 7-day lows of $6.22 during the Halloween pullback.
Trump Coin Magically Dodges $400B Market Blow-out
While the broader markets were rattled with a wave of $400 billion in liquidations in total market capitalization since the beginning of November, TRUMP coin gained 3% on Monday, pushing the meme coin to $7.77 in a quest to restore $10, the resistance market connoisseurs are banking on in the near term.
Judging from the latest perspectives shared by crypto analysts, there’s a strong resistance bubble at $9.78. Robert Klondike’s recent analysis points to a bullish pennant establishing itself on the 4-hour charts, with the trader’s crypto bot entering TRUMP coin with a stop loss at $7.24.
However, the Official Trump coin holders are bracing for volatility this week due to a massive token unlock event. A colossal 4.89 million TRUMP coins are set to be unlocked in the next 7 days, accounting for 2.45% of all circulation, per Tokenomist’s AI linear unlock schedule.
TRUMP Inflation Blow Softened With Whale Support?
The huge supply inflation rate could spell trouble in the short-term, as this represents over $36 million in current prices. Besides, Trump’s $10 price tag is unprecedented since August 14, 2025, as the bears munched 15.35% of TRUMP coin’s value over the past three months.
Lacking utility, the meme coin would need substantial support from crypto whales to push TRUMP’s price back to double-digit territory. Big investors often arrive to buy the dip when the asset’s price hits oversold mode on the Relative Strength Index (RSI), now sitting at 49.
Indeed, the extensive support pushed TRUMP’s price to $15 twice in May, 2025, but the flip from neutral to ‘oversold’ status hasn’t made the same impact now.
At the moment, this isn’t the case with the Chaikin Money Flow (CMF) flashing negative figures. Ultimately, this hints at profit-taking still being prevalent among big-time investors.
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The surge is linked to increased whale activity and market speculation, despite a broader cryptocurrency bloodbath, with some analysts pointing to political sentiment as a factor.
While current trends and bullish forecasts suggest potential, the $10 target remains speculative and hinges on sustained momentum and market conditions.
It has shown resilience, gaining 25% while other coins struggle, though its Solana-based nature adds volatility to its performance.
Investors face risks from its meme coin status, regulatory uncertainty, and the possibility of a sharp correction following the recent pump.
Check platforms like CoinMarketCap, read DailyCoin and official X updates for real-time data, price history, and community insights.
