TRUMP Meme Coin Sees Bullish Momentum Amid Social Media Surge
25.03.2025 23:34
Recent data from LunarCrush reveals a notable surge in social media activity for TRUMP meme coin, fueled in part by a recent positive mention from President Trump. The coin, which had exhibited relatively flat price action over the past month, showed signs of renewed liquidity as technical indicators like MFI and RSI pointed to potential upside. In the last 24 hours, TRUMP meme coin experienced a 9.39% price increase and significant market activity, including a 25.36% jump in open interest to $367.69 million and a 320.24% increase in daily volume. Additionally, there was a substantial inflow of spot funds totaling $11.47 million. However, whale activity indicated negative net flows as some traders took short-term profits, which might dampen a sustained rally if the social momentum does not persist. Overall, the combination of increased social engagement and technical signals is raising expectations for a possible bullish breakout, though immediate profit-taking may create some short-term volatility.
The surge in social media sentiment and technical indicators points to a positive price dynamic for TRUMP meme coin. The recent upward movement, bolstered by political endorsements, increases liquidity and market interest, suggesting an immediate bullish impact. However, significant whale profit-taking could introduce short-term volatility. In the long term, sustained positive social engagement and improved technical trends are likely to drive further gains, echoing historical precedents in meme coin rallies.
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