Trump's official token maintains its value at $8.5, with bears remaining dominant: What lies ahead as bears continue to dominate the market?
Official Trump Memecoin Remains Active Amidst Controversy and Market Volatility
The Official Trump memecoin ($TRUMP) continues to make waves in the cryptocurrency market, trading actively on major exchanges such as Binance, Coinbase, Bitget, and decentralized Solana pairs like Ocra and Raydium.
Launched in January 2025, the memecoin raised over $27 billion during its initial coin offering. As of August 2025, the coin is trading at a current price range of $9.24–$10.83. Approximately 800 million of the initial billion tokens remain owned by Trump-related companies, while 200 million were publicly sold.
The market structure for the memecoin remains bearish, with the Relative Strength Index (RSI) reading of 39 reflecting bearish momentum. However, the Chaikin Money Flow (CMF) readings have been above +0.05 since the 1st of August, signaling buying pressure. The $8.5 demand zone has been defended steadily, with the memecoin testing this support zone again at press time.
The memecoin's price has been unable to break the $11 level since early June, and a move past the local lower high at $8.95 could change the market structure from bearish to bullish. A move above the $10.5 local high is necessary for the market structure to become bullish.
The company behind the memecoin, Trump Media, has outlined its intention to launch a Truth-branded utility token. This proposed token will be part of a larger rewards program and is expected to be integrated into a Truth digital wallet, initially allowing users to make Truth+ subscriptions.
Despite the memecoin's active trading and high visibility, it operates in a speculative space with regulatory and ethical questions. The Securities and Exchange Commission (SEC) does not consider such meme coins as securities, but the Commodity Futures Trading Commission (CFTC) asserts some jurisdiction over them as commodities. Controversy surrounds the project due to ethics concerns related to conflicts of interest given Donald Trump's political role and promotion of the coin during his second administration.
In recent developments, the company abandoned plans for an official crypto wallet following a dispute with World Liberty Financial, although alignment and investment ties between them continue. Eric Trump, a member of the Trump family, has been involved in strategic moves including partnerships with World Liberty Financial, a decentralized finance project linked to the Trump family.
The bullish idea for the memecoin has a clear invalidation - a drop below $8.5. However, the reward outweighs the risk, especially if the memecoin can climb past $8.95. The US President has received criticism regarding the memecoin, but it remains a topic of interest for many investors. The long-term trajectory of the memecoin depends on market sentiment and structural developments within the crypto ecosystem.
- The Official Trump memecoin ($TRUMP) is traded actively on various exchanges, including Binance and Coinbase, despite the ongoing controversy and market volatility surrounding it.
- Launching in January 2025, the memecoin raised over $27 billion during its initial coin offering, with 200 million tokens publicly sold.
- Despite the bearish market structure, the Chaikin Money Flow (CMF) readings indicate buying pressure, and the memecoin is currently testing the $8.5 demand zone.
- The company behind the memecoin, Trump Media, plans to launch a Truth-branded utility token as part of a rewards program, integrated into a Truth digital wallet for making Truth+ subscriptions.
