Breaking
July 10, 2025

Justin Sun Announces Plans to Purchase Official Trump Meme Worth $100M: What Next for $TRUMP Price? Steve Muchoki | usagoldmines.com

Trump Coin & Tesla Stock Crash Big Amid Elon Musk & Donald Trump Feud: Here’s What’s Next!

The post Justin Sun Announces Plans to Purchase Official Trump Meme Worth $100M: What Next for $TRUMP Price? appeared first on Coinpedia Fintech News

Justin Sun, a serial entrepreneur with a keen focus on blockchain technology and the web3 space, has announced a strategic investment in Donald Trump-backed memecoin dubbed Official Trump ($TRUMP). The Tron (TRX) founder announced he is committed to purchasing $TRUMP tokens worth $100 million in the near term.

The announcement follows a recent move by the Official Trump memecoin team to bridge $TRUMP into the Tron blockchain through the LayerZero chain. According to Sun, the $100 million investment in TRUMP memecoin highlights Tron’s commitment to partner with vibrant crypto communities.

$TRUMP Price Ready for Bullish Breakout

The $TRUMP memecoin has grown to a market cap of about $1.8 billion and a fully diluted valuation of around $9 billion. Following the announcement, TRUMP price gained 5 percent on Wednesday to trade around $9.01 during the mid-North American trading session.

The sudden $TRUMP price gain today coincided with the BTC price rally towards a new all-time high of about $112k. As a result, the $TRUMP price is well-positioned to rally in the coming weeks, especially if the BTC price consistently closes above $112k.

Trump price analysis

From a technical analysis standpoint, the TRUMP price has been forming a double bottom coupled with bullish divergence of the daily Relative Strength Index (RSI). With the memecoin having retested the recent breakout of a falling logarithmic trend, a potential parabolic rally towards its all-time high has a high chance.

 The post Justin Sun Announces Plans to Purchase Official Trump Meme Worth $100M: What Next for $TRUMP Price? appeared first on Coinpedia Fintech News
Justin Sun, a serial entrepreneur with a keen focus on blockchain technology and the web3 space, has announced a strategic investment in Donald Trump-backed memecoin dubbed Official Trump ($TRUMP). The Tron (TRX) founder announced he is committed to purchasing $TRUMP tokens worth $100 million in the near term. The announcement follows a recent move by … 

This articles is written by : Nermeen Nabil Khear Abdelmalak

All rights reserved to : USAGOLDMIES . www.usagoldmines.com

You can Enjoy surfing our website categories and read more content in many fields you may like .

Why USAGoldMines ?

USAGoldMines is a comprehensive website offering the latest in financial, crypto, and technical news. With specialized sections for each category, it provides readers with up-to-date market insights, investment trends, and technological advancements, making it a valuable resource for investors and enthusiasts in the fast-paced financial world.