The TRUMP meme coin, a Solana-based token strongly tied to former U.S. President Donald Trump, has experienced significant volatility, with its price currently around $6.23. After reaching an all-time high of $75.35 in January 2025 and plunging to $1.21, the coin is now showing signs of recovery, testing key resistance levels near $9.00.
Price predictions for 2025 suggest a potential high of $28, with some analysts forecasting a rise to $212.25 by 2030. Key factors influencing these projections include political developments, election cycles, community engagement, and overall cryptocurrency market health. Technical analysis indicates a falling wedge pattern, which could signal a breakout if bullish momentum sustains above $9.00.
However, the TRUMP coin faces substantial risks, including extreme volatility, regulatory scrutiny from bodies like the SEC, and potential pump-and-dump schemes. It is traded on major exchanges such as Binance, Coinbase, and Bitget, as well as Solana-based decentralized platforms like Raydium and Jupiter.
