Gate News Bot Message, November 12th, according to CoinMarketCap data, TRUMP (OFFICIAL TRUMP) is currently priced at $7.68, down 9.36% in the past 24 hours. The highest price reached $9.50, and the lowest dropped to $7.31. The 24-hour trading volume is $728 million. The current market capitalization is approximately $1.537 billion, a decrease of about $159 million from yesterday. TRUMP is currently ranked 54th in the cryptocurrency market cap list.
Recent important news about TRUMP:
1️⃣ Trump Media & Technology Group reports large crypto investments
The third-quarter financial report shows the company holds 11,542 Bitcoin, valued at about $1.3 billion. Additionally, the company achieved $15.3 million in profit through Bitcoin options investments and holds over 746 million Cronos, with an unrealized gain of $33 million. This large-scale crypto investment strategy demonstrates the company’s confidence in digital assets, positively impacting the TRUMP token.
2️⃣ Large TRUMP tokens withdrawn from centralized exchanges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’s price.
3️⃣ Trump actively involved in government shutdown resolution
Trump has repeatedly called for an end to the government shutdown, stating, “It looks like we are very close to ending the government shutdown.” The U.S. House of Representatives is expected to vote this Wednesday on a bill to end the shutdown. Trump’s active presence on the political stage has boosted market confidence in the TRUMP token.
From a technical perspective, TRUMP’s price has recently experienced a correction, but the 24-hour trading volume remains high, indicating strong market activity. 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
Here’s What Shiba Inu (SHIB) Price Could Do After the Shibarium Overhaul
The Shiba Inu price is experiencing volatility, influenced by global events and a significant increase in its burn rate. Key network upgrades are underway, enhancing stability and paving the way for future developments. Traders should monitor key price levels as potential swings in SHIB's value may occur.
CaptainAltcoin4m ago
3 Affordable Cryptos to Buy Now — FLR, XDC, and JASMY
FLR shows weakening bearish momentum with potential short-term bounce toward key EMA levels.
XDC exhibits early bullish signals and trend stabilization, attracting enterprise-focused investors.
JASMY forms a potential base with improving momentum for speculative accumulation
CryptoNewsLand32m ago
3 Cheapest Cryptos to Invest in April 2026 — PEPE, VET, and BONK
PEPE shows slowing sell pressure with potential rebound above key short-term resistance.
VET stabilizes as bearish momentum fades, offering gradual recovery potential for patient investors.
BONK remains weak but could see short-term bounce if buyers regain control.
Crypto traders keep se
CryptoNewsLand1h ago
LRC Rockets Past $0.027 — 19.75% Surge Catches Traders Off Guard
Loopring's price surged 19.75% in 15 minutes, reaching $0.02795, driven by increased market participation and trading volume. Analysts attribute the rise to derivatives market dynamics, liquidation cascades, and heightened trader interest in a mixed cryptocurrency landscape. Traders are now monitoring key resistance and support levels for future trends.
Coinfomania1h ago
ZRO maintains an upward trend, benefiting from MoonPay integration as derivative flows increase sharply
LayerZero (ZRO) decreased by about 3% after a prior 14% rise. Its partnership with MoonPay's Open Wallet Standard is expected to enhance AI-driven commerce across 170 blockchains, resulting in a significant increase in open contracts.
TapChiBitcoin2h ago
