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2️⃣ Large TRUMP tokens withdrawn from centralized exchanges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
Trump cancels the “doomsday,” Bitcoin surges toward $72k, and global markets rebound across the board
After the United States and Iran reached a ceasefire agreement, global financial markets rebounded, and the price of Bitcoin surged sharply, with stock markets around the world rising in tandem. Analysts say Bitcoin is gradually becoming a risk asset that is highly linked to the macroeconomy, and in the future, price movements will be driven by geopolitical factors and liquidity.
GateNews2m ago
The RWA Yield Infrastructure Trade
The essay highlights challenges in direct RWA token exposure, emphasizes the potential in leverage opportunities amid settlement delays, critiques Morpho's governance token structure, and presents Fluid as a more effective token model with stablecoin links.
CoinDesk20m ago
Jiang Zhuoer shorted ETH at 2,242 dollars, saying the bear market cycle has not finished yet
Gate News message, April 8, Leavitt Mining Pool BTC.TOP founder and CEO Jiang Zhuoer posted that he went short ETH at $2242; this is a mid-to-short-term operation, just like the last time he went long at $1850 and closed it out at $2144. Jiang Zhuoer said that the bear market cycle hasn’t finished yet, and event-driven bounces are opportunities to go short as well; there’s also a small chance that he will start another round again.
GateNews34m ago
Shiba Inu Gains 3.22% on Technical Rebound — What Next for SHIB?
SHIB gained 3.22%, trading near $0.000006015 with support at $0.00000580.
Technical indicators show bullish momentum, but resistance near $0.00000620 could limit gains.
Ecosystem upgrades, token burns, and whale activity support potential further price recovery.
Shiba Inu posted a
CryptoNewsLand1h ago
Ethereum stablecoin supply hits $180B all-time high: Token Terminal
The onchain value of stablecoins on the Ethereum network has reached an all-time high of $180 billion, according to blockchain analytics firm Token Terminal.
Ethereum holds 60% of the market share in stablecoins, which have seen a 150% increase in onchain value over the past three years, the firm r
Cointelegraph1h ago
Ethereum buy orders are coming back; $2,000 is the line between life and death—can the bulls kick off another round of upside?
In recent times, the Ethereum price has shown resilience. Its current trading price is around $2,237, and market analysis suggests it could enter a critical turning point. The derivatives market is active, with buying pressure leading; net trading volume has remained positive, which has caused institutional demand to pick back up. On the technical side, $2,000 is a key support level, and if it breaks above $2,400, it could move higher.
GateNews1h ago
