The post TRUMP surges 28% in one week as US-UK trade deal sparks optimism appeared on BitcoinEthereumNews.com.

The TRUMP meme coin has climbed 28% in the last 7 days after the US and the UK announced a sweeping trade deal. The rise shows investors are returning to the country due to confidence boosters from the deal, which are expected to create economic links and market stability. The trade deal, announced by President Donald Trump and the UK prime minister, Keir Starmer, is focused on increasing trade between the two countries by lowering tariffs and opening up the US market for British goods. Key provisions in the agreement eliminate some non-tariff barriers and provide expanded market access to American foods, including beef and ethanol. However, despite its improved market performance, the meme coin is still experiencing market volatility. Analysts have, therefore, pointed out that the coin’s growth could be short-term, slightly influenced by the current market sentiment. Analysts believe the TRUMP coin could soon reach $20 if US-China talks succeed The White House’s decision to agree to a trade deal with the UK and start talks with China has improved global market sentiment and Trump’s image overall.  The public’s perception of him has taken a more positive turn, even extending to his meme coin, TRUMP. The meme coin holders now see a spike in the token’s prices and look forward to an upward trajectory. In the past week, the altcoin has surged 28% and is close to breaking its resistance level at $14.53. Should the coin pass this resistance level, the new target to beat will be $17.14. Moreover, analysts believe the TRUMP coin could spike to $20.00 if negotiations between the US and China succeed. They explained that a trade deal between the two countries would hint at a stronger market outlook and bolster investor confidence. However, with the excitement around the trade deal news subsiding, it’s clear that…

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Filed under: News - @ May 11, 2025 10:25 am