Official Trump ($TRUMP) coin holders are on edge after Trump Media & Know-how Group—the entity accountable for former U.S. President Donald Trump’s Reality Social platform—denied a Monetary Occasions report alleging plans to lift $3 billion by way of a mixture of fairness and convertible bonds for investing in Bitcoin and different cryptos.
The report, revealed earlier this week, cites six nameless sources acquainted with the scenario. The corporate’s response was blunt: “Apparently, the Monetary Occasions employs clueless writers who depend on even much less credible sources.”
The media agency reportedly deliberate to lift $2 billion by way of fairness choices and $1 billion through convertible bonds—securities that it might later trade for firm inventory.
The FT additionally famous that the scale of the capital elevate remained versatile and adjustable.
Affect on Official Trump Coin Worth
Over the previous 24 hours, the Official Trump meme coin has slipped 2.2% to $12.74 — mirroring broader weak point throughout the crypto market, with Bitcoin down 1.7% and the full market cap retreating 3.2% to $3.54 trillion.
But zooming out paints a extra dramatic image: since final Wednesday, TRUMP has tumbled 14%, sharply underperforming rivals like Dogecoin (down 2.5%) and even Bitcoin, which managed to climb 1% over the identical interval.
This divergence raises a important query — is the drop justified, or is TRUMP establishing for a rebound as political narratives regain traction within the crypto house?
The Official Trump coin’s Relative Power Index (RSI) at the moment sits at 48 and is trending downward — a possible sign of constructing promoting stress. Nonetheless, broader bullish developments similar to increasing crypto adoption, regulated U.S. ETFs, and incoming readability on crypto regulation may reshape the market in 2025.
Bitcoin’s new all-time excessive of $111,814 on Thursday has fueled renewed optimism {that a} full-blown bull market could already be underway. If that momentum carries ahead, TRUMP may climb again towards the $36 vary — midway to its all-time excessive of $73.43, reached simply two days after launch on January 19.
And if main project-specific developments emerge — similar to high-profile partnerships or integrations — the Trump meme coin may even surge previous resistance ranges and make a run towards the $100 mark.
Trump Slips, However BTC Bull ($BTCBULL) Powers Forward with Explosive Presale Momentum
Whereas Trump’s coin struggled this week, one high-reward meme coin presale constructed for Bitcoin maxis quietly raked in hundreds.
Why simply maintain BTC—when you’ll be able to earn it passively by holding the meme coin that rewards each surge?
BTC Bull ($BTCBULL) introduces an modern method to meme tokens by providing Bitcoin payouts to holders every time BTC hits sure worth benchmarks—an idea that’s producing important buzz throughout the crypto house.
The thought caught on rapidly. Simply minutes after launching, the challenge had secured over $100,000 in contributions, finally elevating $6.5 million inside three months of presale.
Presently accessible at $0.002535 throughout its presale, the token’s worth is designed to extend with every subsequent spherical, creating sturdy incentives for early participation.
For these looking for extra passive revenue streams, $BTCBULL additionally incorporates a staking mechanism with annual yields reaching as much as 63% APY. This dual-earning mannequin fuses meme coin enthusiasm with real-world monetary utility.
Sustain with BTC Bull by following their updates on X and Telegram.
The put up Trump Coin Worth Prediction: $100 Incoming or Full Collapse? The $3B Thriller Will get Deeper appeared first on Cryptonews.