The OFFICIAL TRUMP ($TRUMP) token is on a powerful rally, surging over 20% this week and climbing previous $22 after its itemizing on Upbit, South Korea’s largest crypto alternate. The Solana-based meme coin was formally made accessible for buying and selling on February 13 at 18:00 KST, with buying and selling pairs in opposition to Korean received (KRW), Bitcoin (BTC), and Tether (USDT).
Following the itemizing, deposits and withdrawals opened two hours later, giving merchants time to maneuver funds earlier than dwell buying and selling started.
Upbit briefly restricted preliminary purchase orders for 5 minutes, whereas non-limit orders remained disabled for the primary hour to forestall extreme volatility.
The #TRUMP token can be listed on #Upbit
The information is constructive, as not each defend coin will get on this alternate.
However the TRUMP token reacted with a rise of solely 13%.#cryptonews pic.twitter.com/VqlTBogXzH— Crypto GURU BIG MIKE
Crypto AI Promoter (@CRYPT056) February 13, 2025
Market Rebound After Sharp Correction; $TRUMP Supported
Launched forward of Donald Trump’s presidential inauguration, the $TRUMP meme coin initially skyrocketed, reaching a $10 billion market cap and an all-time excessive of $39.63. Nevertheless, early patrons took earnings, triggering a steep correction that despatched costs tumbling to $4.29 by January 18.
Regardless of the huge decline, TRUMP has rebounded considerably, pushed by renewed investor curiosity and key alternate listings. Whereas the market cap stays effectively under its peak, the current surge alerts rising confidence in TRUMP’s long-term viability.
What’s fueling the comeback?
Change Listings: Extra platforms are including TRUMP, bettering liquidity and accessibility.
Market Optimism: The meme coin sector is heating up once more, attracting speculative merchants.
Trump’s 2024 Election Run: Some buyers speculate on potential mainstream adoption if Trump returns to workplace.
$TRUMP Worth Evaluation: Technical Outlook
The TRUMP/USDT pair is at present going through resistance close to $24.50, the place a downward trendline is limiting additional upside. The current rally met robust promoting stress at this degree, suggesting merchants are taking earnings.
A 3 black crows sample on the 4-hour chart alerts that bullish momentum is weakening, rising the chance of a short-term pullback.
- Speedy Assist: $19.30, with the 50-period EMA at $18.10 performing as dynamic assist.
- Key Resistance: A break above $21.50 may reignite bullish sentiment, pushing costs towards $24.50 and better.
- Threat of Draw back: A failure to carry $17.30 may result in a retest of $14.70, a vital assist zone.
A sustained transfer above $21.50 may prolong the rally, whereas a break under $17.30 might expose TRUMP to additional draw back. Merchants ought to control these ranges to gauge the following transfer.
Solaxy ($SOLX): Solana’s Scaling Answer
Whereas $TRUMP makes headlines with its bullish breakout, one other Solana-based undertaking is gaining vital traction: Solaxy ($SOLX)—the community’s first Layer 2 scaling answer geared toward tackling congestion and excessive transaction prices.
Solaxy ($SOLX) has now raised over $21 million in its presale, drawing curiosity from greater than 68,000 followers on X.
As Solana’s consumer base grows, demand for extra environment friendly, scalable infrastructure continues to rise. Solaxy guarantees sooner transactions, enhanced interoperability with Ethereum, and seamless cross-chain communication.
Solaxy ($SOLX) has raised over $21 million in its presale, with 5.9 billion tokens staked and staking rewards of 195% yearly. With the value now at $0.001636 and a worth hike imminent, the window for entry is closing quick.
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