The post OFFICIAL TRUMP spikes 25%, leads meme coin gains appeared on BitcoinEthereumNews.com.

$TRUMP, the official meme coin of Donald Trump led the recovery rally while Bitcoin (BTC) hovers around the $97,000 zone. OFFICIAL TRUMP price surged by 26% in the last 7 days reaching $23 which is just shy of its February peak. The meme crypto category printed green indexes when the biggest digital assets like Ethereum (ETH) and BNB recorded a marginal decline. The cumulative meme crypto market cap surged by 4% over the last day to stand at $75 billion. Dogecoin (DOGE) and PEPE are managing to keep up the momentum as traders’ sentiments turn “Neutral”. $TRUMP trading vol up by 297% OFFICIAL TRUMP turned out to be one of the biggest gainers among the top 100 cryptos and led the meme coins’ upward rally. TRUMP price jumped by 25% in the last 24 hours. Its 24-hour trading volume is up by a massive 297% to stand at $7.35 billion. It is trading at an average price of $21.12 at press time. As per the data shared by CoinGlass, $19 million worth of long and short bets set on TRUMP price action liquidated in the past 24 hours. More than $12.4 million worth of liquidated positions (65%) turns out to be short bets. This suggests that traders were expecting the official meme coin of Donald Trump price decline to continue. However, This rally follows weeks of decline since it went on to hit its all-time high of $75 on January 19. It is down by 71% from its ATH. Source: CoinGlass The massive surge comes in when the Trump family-backed World Liberty Financial bought another 52.07 Wrapped Bitcoin (approx. worth $5 million) and 2.53 million MOVE (approx. worth $1.4 million). Since November 30, World Liberty Fi has accumulated 63,030 Ether (approx. worth $210 million), 699 WBTC ($73.5 million), 40.72 million…

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Filed under: News - @ February 15, 2025 12:18 pm