TRUMP coin dropped sharply by 10.29% within a single hour on November 4, 2026, falling from $1.409 to $1.264. At 17:35 UTC, the token was trading at $1.264, with a 24-hour change of -20.20% and trading volume near $21.3 million. The move marked the lowest point of the past 24 hours, after an earlier high of $1.358.
Traders are watching the $1.25 support level closely. A break below that level could signal increased selling pressure, while a rebound toward resistance near $1.358 could renew interest. Whale activity and large wallet movements are being cited as possible contributors to the volatility.
In a separate analysis, Google’s Gemini AI predicted a brutal unwinding for the TRUMP memecoin after the 2026 midterms, in which Democrats swept both the House and Senate. Gemini AI’s forecast sees TRUMP trading in a $0.15–$0.40 range by January 1, 2027, with a severe downside scenario below $0.10.
The political shift could embolden Democrats to pursue tighter crypto oversight and enforcement, creating a hostile backdrop for politically themed memecoins. Technical indicators show repeated failures to sustain rallies, lower highs, and declining volume on upward moves. TRUMP has already fallen dramatically from its early 2025 peak near $75, and a sustained break below recent support could trigger further liquidation cascades, especially given the token’s large unlocked supply overhang and concentrated holder base.
