The $TRUMP meme coin, launched by former U.S. President Donald Trump, experienced a rapid rise after its launch on the Truth Social platform, reaching $75 within a day. However, the token's value quickly declined, and it is now trading below $30. Analysts note that the token has been hovering around the $30 mark, potentially acting as a support level. While some analysts see a potential for recovery, others point out the bearish momentum and the need for market sentiment and buying interest to determine its future trajectory.



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