Gate News Bot Message, November 11th, according to CoinMarketCap data, as of press time, TRUMP (OFFICIAL TRUMP) is trading at $8.49, up 4.84% in the past 24 hours, with a high of $9.50 and a low of $6.84. The 24-hour trading volume reached $1.811 billion. The current market capitalization is approximately $1.699 billion, an increase of nearly $78.4 million from yesterday. TRUMP is currently ranked 51st in the cryptocurrency market cap list.
Recent important news about TRUMP:
1️⃣ Trump Media & Technology Group reports large Bitcoin holdings
The Q3 financial report shows the company holds 11,542 Bitcoin, valued at about $1.3 billion. Additionally, the company earned $15.3 million from Bitcoin options investments and holds over 746 million Cronos tokens, with an unrealized profit of $33 million. This large-scale cryptocurrency investment strategy has a positive impact on the TRUMP token, demonstrating the company’s confidence in digital assets.
2️⃣ Large TRUMP tokens withdrawn from centralized exchanges
On-chain data shows a new wallet withdrew 3 million TRUMP tokens worth approximately $23.24 million from a centralized exchange within 15 hours. Another new wallet withdrew 2.5 million TRUMP tokens worth about $18.85 million within 12 hours. These large withdrawals may indicate increased long-term holders, providing support for TRUMP token prices.
3️⃣ Trump actively involved in government shutdown resolution
Trump has recently called for an end to the government shutdown multiple times and stated, “It looks like we are very close to ending the government shutdown.” The U.S. House of Representatives is expected to vote on a bill to end the shutdown as early as this Wednesday. Trump’s active presence on the political stage has boosted market confidence in the TRUMP token.
From a technical perspective, the TRUMP token price has broken through previous resistance levels, with high trading volume over the past 24 hours, indicating strong short-term buying pressure. However, due to political uncertainties, investors should closely monitor market changes and operate cautiously.
This message is not investment advice; please be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
今日加密货币恐慌与贪婪指数降至15，市场处于极度恐慌状态
Gate News 消息，3月15日，据 Alternative.me 数据显示，今日加密货币恐慌与贪婪指数降至15，较昨日的16进一步下滑，市场持续处于「极度恐慌状态」。
GateNews3m ago
Bitcoin Treasury Firms on Track to Absorb 10x Daily Mined Bitcoin Supply, Industry Leaders Say
Corporate demand for bitcoin is accelerating as publicly traded companies tap stock and preferred-share financing to accumulate supply, a trend some industry leaders say could significantly increase corporate demand for newly mined coins and potentially influence market dynamics.
Wall Street
Coinpedia13m ago
COS Price Rally Gains Strengthen Due to Persistent Whale Accumulation With Breakout Suggesting 31...
Contentos (COS) is gaining attention in the crypto market with an impressive price surge of 11.98%. As a decentralized content ecosystem, it empowers creators. Recent analysis shows a significant upward momentum, with potential for further price increases driven by whale investments and rising trading volume.
BlockChainReporter2h ago
$RIVER Price Action Is Flawless: Here’s Why Bulls Are in Control
RIVER has had one of the more compelling stories in crypto over the past week. After the recent airdrop and ecosystem announcements, the token attracted strong buying interest. that pushed it well above previous consolidation levels.
Now, as the initial hype settles, The chart is showing
CaptainAltcoin5h ago
Dogecoin at a Turning Point — Will $0.094 Resistance Finally Break?
Dogecoin was trading between $0.0925 and $0.09173 with the price stabilizing around $0.0925.
The immediate $0.09443 resistance caps the current range. A move above this level could expand today’s trading activity.
Past historical price movements coincide with a number of trend support res
CryptoNewsLand5h ago
Cardano Price Holds Above $0.26 as Upgrade Buzz Builds Toward $0.30
Key Insights
Cardano price trades above $0.26 as investors position ahead of the Leios and Midnight upgrades, while derivatives data reflect rising bullish sentiment.
Futures open interest reached $416 million while funding rates favor long positions, signaling stronger trader confidence des
CryptoFrontNews5h ago
