finbold.com
Official Trump ($TRUMP) rallied 4.46% in the past 24 hours to $9.10, while trading volume surged 346% to $1.38 billion. The move outpaced the broader crypto market’s 0.4% gain, with traders tying the spike to the launch of a Trump-linked DeFi project.
Outside of the charts, momentum for $TRUMP has been fueled by today’s debut of World Liberty Financial ($WLFI), a new DeFi venture backed by members of the Trump family. $WLFI’s governance token is set to begin trading for the public on September 1, with early investors capped at selling just 20% of their holdings.
The family connection has spilled over into hype around the $TRUMP meme coin, which traders see as part of a broader “Trump crypto” narrative.
Why is $TRUMP token rallying
The logic is straightforward: if $WLFI gains traction, attention on Trump-branded or Trump-linked assets intensifies. That speculative spillover has been enough to spark renewed inflows into $TRUMP, sending daily volumes to levels not seen since early 2025.
Technicals have reinforced the move. $TRUMP’s price now sits above both its 7-day SMA ($8.42) and its 30-day EMA ($8.88), while momentum indicators hint at further upside. The RSI remains neutral (46–50), leaving room for buyers, and the MACD histogram is flashing signs of a bullish reversal.
Key Fibonacci levels point to $9.69 as the next upside test, while the 200-day SMA ($10.87) looms as major resistance. On the downside, a break below $8.07 could reintroduce bearish momentum.
At press time, $TRUMP’s market capitalization stands at $1.82 billion, with an unlocked market cap of $3.31 billion. The combination of fresh political ties, new DeFi hype, and surging trading volumes has put the memecoin firmly back on traders’ watchlists.
A close above $9.50 could open the path to $10.19, as Trump-linked crypto continues to capture market attention.