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2️⃣ Large TRUMP tokens withdrawn from centralized exchanges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
Wintermute: BTC finds support at the 200-week moving average; a clear macro environment is needed to resume upward movement
Foresight News reports that Wintermute stated, "The road to a crypto market recovery depends on the clarity of macroeconomic conditions. The 200-week moving average still provides support, and the lack of structural damage means that when the recovery occurs, the rebound could be stronger than market sentiment suggests. Currently, we are in a range-bound and downward trend, with leverage factors dominating short-term market movements. Recently, $70,000 remains a resistance level. A recovery in the second half of 2026 is possible, but to achieve this, most participants will need to have exhausted their patience."
GateNewsBot14m ago
Crypto Fear Index drops to 8, market "extreme fear" sentiment intensifies
BlockBeats News, February 18 — According to Alternative Data, today’s cryptocurrency Fear and Greed Index is 8 (yesterday was 10), indicating an intensification of the market’s "Extreme Fear" sentiment.
Note: The Fear and Greed Index threshold is 0-100, composed of the following indicators: Volatility (25%) + Market Trading Volume (25%) + Social Media Buzz (15%) + Market Surveys (15%) + Bitcoin’s Market Share (10%) + Google Search Trends (10%).
GateNewsBot46m ago
Michael Saylor Tells Ray Dalio: If World Order Breaks Down, Own Bitcoin
Strategy Executive Chairman Michael Saylor told billionaire Ray Dalio to own bitcoin after the billionaire warned the post-World War II global order is breaking down, positioning the cryptocurrency as a shield against mounting geopolitical and financial instability.
Dalio Flags Cracks in Global
Coinpedia52m ago
"Has the 'true bottom' not arrived yet? Experts warn: Bitcoin may face a 'surrender sell-off' in the final dip"
Just last week, Bitcoin experienced a thrilling "Raging Bull" rally, dropping over 10% in a single day and nearly breaching the $60,000 mark. Although it then rebounded strongly back to around $70,000, has this rapid sell-off already constituted a so-called "capitulation sell-off"? That is, investors panic and sell at a loss, completely releasing selling pressure and paving the way for the next bull market.
However, from the perspective of the derivatives market, the answer is probably no. According to Amberdata Derivatives Director Greg Magadini's observations, the signals from the futures market suggest that Bitcoin may still have further downside potential.
In his market report on Monday, Greg Magadini pointed out that during this decline, the futures basis (the difference between futures and spot prices) reacted noticeably cold, without the sharp changes often seen in bear markets. He said:
<continue with the rest of the translated content>
区块客1h ago
XMR Isn’t Dying – Here’s the Monero Price If Darknet Demand Keeps Rising
Monero (XMR) is still in use despite strong pressure from the regulators. Almost half of the new dark markets only accept payments in $XMR, which is keeping the demand afloat.
The network activity is also still elevated compared to the levels before 2022, despite the removal of Monero by
CaptainAltcoin1h ago
Record Dollar Bearishness Sparks Bitcoin Correlation Debate
The U.S. dollar is experiencing a weekly decline amid record bearish positioning, complicating the traditional inverse correlation with bitcoin, which has recently shown a positive correlation with the dollar.
Coinpedia1h ago
