Trump Coin has rallied by 8% today, with its move to $15 coming as the cryptocurrency market as a whole recovers by 5% in the past 24 hours. TRUMP is now flat in the past week but remains down by 34% in the last 30 days and by 79% since hitting an all-time high of $73.43 on January 19. Despite these declines, the meme token’s volume has ballooned to $4 billion in the past few days, rising up from $1 billion after Donald Trump himself pumped the crypto market by repeating his support for a federal crypto reserve. Assuming that such a reserve does eventually become a reality, this could set up Trump Coin for further big gains in the coming months. Trump Coin Sees $4 Billion Volume Flood In – Is a Parabolic Move Coming for Meme Coins? Looking at Trump Coin’s chart today, it shows the alt regaining some momentum after a tough few weeks. Probably the most significant feature of the chart below is that the 30-period average (orange) climbed over the 200-period average (blue) yesterday, forming a golden cross that usually signals a breakout. Source: TradingView TRUMP’s relative strength index (purple) is also reflecting new momentum, having risen from 25 at the end of February to just over 80 last night. It has since fallen down, but the fact that it remains at around 50 would suggest there’s still life in Trump Coin’s rally today. This view also comes from the significant increase in TRUMP’s trading volume, which also suggests strong demand for the token. It’s arguable that Donald Trump’s posts in support of a crypto reserve, and in support of various alts (including XRP, SOL and ADA), is bullish for Trump Coin itself. A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL,… — Trump Posts on 𝕏 (@trump_repost) March 2, 2025 This is because it potentially counts as evidence that Trump is willing to act in support of crypto prices, including the price of his own token. And this is why TRUMP has outperformed the market average today, and why it may continue to outperform many other coins in the top 100 for some time to come. Of course, critics may suggest that the token is a big pump on the part of the President and the people behind it, but it has so far continued to post modest rallies since falling from its peak in January. $TRUMP PUMP pic.twitter.com/MsjPopFlBc — Official Trump Meme Coin (@Buy_Trump) March 2, 2025 It could return to $20 in the next few weeks, before topping $30 in Q2. New Alts for New Market-Beating Rallies Assuming that some traders may fear TRUMP has already enjoyed its biggest pumps, they may prefer to turn to newer coins already. There’s currently no shortage of new alts in the market right now, and while some will likely fall by the wayside very quickly, one way of identifying more promising tokens is to look for big presales. One coin enjoying a big sale at the moment is MIND of Pepe (MIND) , an ERC-20 cryptocurrency that has raised an impressive $7 million and counting. 7 Million. $MIND pic.twitter.com/uNh7DnLG5U — MIND of Pepe (@MINDofPepe) March 2, 2025 MIND of Pepe is drawing a crowd because it’s about to launch its an autonomous AI agent, which much like Truth Terminal will generate its own meme coins. The project’s platform will process masses of social and market data to produce market analysis and advice, while also using big data to identify trends it will tap into in order to generate the most viral coins. As its native token, MIND provides the only means of accessing its analysis and advice, while it will also grant early access to the tokens it creates, before they list (and potentially rally). MIND could therefore attract considerable demand, with investors able to buy it at an early discount by going to the MIND of Pepe website . MIND is currently selling at $0.0034402, although this price will rise again in just under two days. The post Trump Coin Sees $4 Billion Volume Flood In – Is a Parabolic Move Coming for Meme Coins? appeared first on Cryptonews .
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