On February 27, 2025, Crypto and AI CZAR DAVID SACKS, during an interview with Fox Business, mentioned that the MEME TROMP currency should be considered a local -like domestic card. This statement was echoed by the Supreme Education Council, indicating a possible transformation in the organizational perspective on the Meme currencies (Source: X Post by Eleanor Terrett, February 27, 2025). After this announcement, $ Trump witnessed a significant increase in prices, reaching $ 0.12 at 10:00 am EST, an increase of 15 % of the previous closure price of $ 0.104 on February 26, 2025 (Source: Coinmarketcap, 27 February 2025). The trading volume of $ Trump also witnessed a noticeable increase, as it reached 50 million symbols circulated within the first hour after implementation, an increase of 300 % over the average size per hour in the previous week (Source: Coingecko, February 27, 2025). Meanwhile, other Meme currencies such as $ DOGE and $ SHIB have seen slight increases by 2 % and 3 %, respectively, indicating a broader effect on the M -currency market (Source: CoinMarketcap, 27 February 2025). In addition, major cryptocurrencies such as Bitcoin and Ethereum have witnessed a slight increase of 0.5 % and 0.7 %, respectively, indicating a ripple effect via the encryption market (Source: Coinmarketcap, 27 February, 2025). The scales on the series of $ TROMP showed a 40 % increase in the active headlines, reaching 10,000 at 11:00 am EST, highlighting the increase in the investor’s interest and participation (Source: ETHERSCAN, February 27, 2025).
Trading effects for SACKS statement and multi -faceted SEC position. The $ TROMP classification can attract more investors who view these assets as long -term long -term investments, similar to traditional holdings. This can lead to an increase in demand and the estimation of subsequent prices. Instant prices and increased size indicate a strong feeling in the market and rush to take advantage of the news. For merchants, this offers an opportunity to enter positions at high prices with more gains. However, the rapid increase in price and size also indicates possible fluctuations, which requires microscopic risk management. The relationship with other Meme currencies and major encrypted currencies indicates a potential movement at the sector level and that traders must closely monitor. Trading pair $ TROMP/USDT witnessed a volume of $ 6 million at 10:30 am EST, while $ TROMP/ETH/ETH is $ 2 million in size at the same time, indicating strong interest through different commercial pairs (Source: Binance, February 27, 2025). The data in the series also revealed a significant increase in large transactions (more than 10,000 dollars), where 500 of these transactions were recorded by 11:30 am US EST, an increase of 250 % over the average last week (Source: ETHERSCAN, February 27, 2025).
The technical analysis of the $ TROMP price scheme shows that the currency penetrated the level of resistance at $ 0.11 at 10:15 am EST, confirming the bullish trend (Source: Tradingvief, February 27, 2025). The Relative Power Index (RSI) of $ TROMP reached 72 at 10:45 am EST, indicating excessive conditions that may lead to a possible withdrawal (Source: TradingView, February 27, 2025). The difference in moving average rapprochement (MACD) showed a bullish intersection at 10:30 am EST, supports upward momentum (Source: Tradingview, February 27, 2025). The trading volume of $ Trump continued to rise, reaching 75 million icons by 11:00 am, an increase of 500 % over the average size per hour in the previous week (Source: Coingecko, February 27, 2025). Via mobile average for $ 50 for $ TROMP above the moving average for 200 days at 10:45 am EST, indicating a golden cross and enhances upscale expectations (Source: TradingView, 27 February 2025). The scales on the series showed an increase in the creation of new addresses, as 2000 new addresses were created by 11:30 am EST, indicating the entry of new capital to the market (Source: ETHERSCAN, February 27, 2025).
