Despite Donald Trump’s endorsement on Truth Social, the TRUMP price has plummeted by 13%. Analysts contend that it presents a buy-the-dip opportunity at $30.
Solana-based In the hours following Donald Trump’s announcement on his social media platform, Truth Social, the official Trump meme coin has experienced significant selling pressure. In the past 24 hours, the price of TRUMP has decreased by 13%, plummeting below $20. The meme coin has experienced a loss of over 33% on the weekly chart and is down 70% from its all-time high of $75.
The price of TRUMP plummets to less than $20
TRUMP’s price has plummeted by over 13% to below $20 amid the bears’ assault. Additionally, the daily trading volume has increased by 65% to exceed $3.4 billion as traders attempt to dispose of it.
The 24-hour liquidations have also increased to over $15 million, with $11 million in long liquidations. In comparison, the TRUMP open interest has decreased by over 13% to $720 million, as indicated by the derivatives data from Coinglass.
Is there a Buy the Dip opportunity for TRUMP investors?
The TRUMP price has rebounded and is currently trading at $21.09, following its daily nadir of $18.75. Numerous market analysts contend that this presents a buy-the-dip opportunity for cryptocurrency investors. An influential market analyst, Captain Faibik, has evaluated it.
“Investing in the $TRUMP dip!” Captain Faibik on X stated, “The falling wedge is still in play; we anticipate a robust rebound,” referencing the technical pattern that suggests a potential bullish reversal.

The declining wedge, frequently regarded as a precursor to price breakouts, has fueled speculation that TRUMP could make a substantial comeback. Edward Morra, an additional market analyst, asserted that the TRUMP price rebounded from the ideal support level of $20. He also mentioned that he would be taking a long position in the altcoin from this point forward. “I was not prepared for the depth of the conversation.” Loaded with TRUMP (average $21.5). He stated, “Ideally, we seek a bullish reclaim above $25 for continuation.”
Donald Trump’s Attempt to Pump
President Donald Trump used social media platforms to advertise his caricature coin, as the TRUMP price plummeted nearly 70% from its all-time high. “I am a huge fan of Donald Trump!” In a post on Truth Social, President Trump requested that users return and purchase the meme coin.
Nevertheless, the President has been criticized by crypto industry actors, with Anthony Scaramucci, the founder of SkyBridge Capital, being particularly critical. Scaramucci composed the following message on the X platform:
“President Trump posted on Truth Social last night in an attempt to “pump” his $TRUMP memecoin (yes that’s a real sentence that many have normalized). The result has been an acceleration of the “dump,” now down 70% from its peak. The jig is up”.
In this most recent decline, the Official Trump token has fallen to the fourth position, ceding the third position to the PEPE Coin. The broader crypto market is currently experiencing a decline due to the implementation of Trump tariffs, which may result in an additional significant collapse.