Trump (TRUMP) Meme Coin Surges to $19 as Market Speculates on Trump’s Long-Term Hold

The Official Trump (TRUMP) meme token has climbed to $19, reinforcing speculation that Donald Trump himself holds a significant amount of the coin & has no plans to sell. This theory is strengthened by his past approach to DJT stock, where he has shown no interest in offloading shares despite massive valuations. Many investors are now betting that Trump views TRUMP as a long-term asset with potential on par with Bitcoin.

Trump’s Alleged Holdings & Long-Term Commitment

Market watchers point to on-chain data revealing that 80% of TRUMP’s total supply is controlled by entities linked to the Trump Organization, including CIC Digital LLC & Fight Fight Fight LLC. This has fueled the belief that Trump himself maintains a significant portion of the supply & intends to hold, just as he has with DJT. His history of leveraging assets for maximum value suggests that if he sees TRUMP as a strategic asset, he will not be looking for a quick exit.

The idea that TRUMP could reach the level of Bitcoin is no longer seen as far-fetched by some market participants. With Trump’s influence, a dedicated community, & growing utility for the token, speculation is increasing that it could become a major force in the crypto space.

Technical Indicators Point to Strength

TRUMP’s technical outlook remains strong. The token has held above its 20-day Exponential Moving Average (EMA), which currently sits near $16.50, signaling a continuation of its upward trend. Resistance levels are identified at $21, with potential for price discovery beyond that if momentum continues.

The Relative Strength Index (RSI) is at 65, showing bullish momentum but still leaving room for additional upside. Meanwhile, the MACD line remains above the signal line, confirming sustained market interest.

Arthur Hayes Sees Meme Coins Leading Next Rally

BitMEX founder Arthur Hayes recently stated that meme coins like TRUMP could be the leading force behind Bitcoin’s next major rally. His analysis suggests that liquidity in the crypto market is increasingly flowing into politically themed assets, with TRUMP positioned at the center of this shift.

Hayes even speculated that Chinese President Xi Jinping might eventually launch his own meme token, further validating the growing trend of political crypto assets.

Trump’s Vision for TRUMP: As Big as Bitcoin?

Trump’s strong branding, business acumen, & refusal to sell key holdings indicate that he could see TRUMP as more than just a short-term play. If he continues to hold the token, as many expect, it could drive confidence in the asset & encourage further accumulation.

With speculation mounting that Trump envisions TRUMP reaching the status of Bitcoin, the token is gaining attention from both retail & institutional investors. As long as Trump remains aligned with it, the belief in its long-term potential will only continue to grow.