TL;DR
- Arthur Hayes predicts a significant rise in TRUMP coin’s price due to potential influence from political insiders.
- TRUMP coin shows impressive performance with a recent 14% surge, and trading volume increased by 102%.
- Hayes suggests meme coins could play a major role in political campaigns, particularly leading up to the 2026 U.S. mid-term elections.
Arthur Hayes, the former CEO of BitMEX, has forecasted a significant rise in the price of TRUMP coin. Hayes believes that political insiders could play a crucial role in driving the price of TRUMP coin up, potentially leading to a broader rally in the cryptocurrency market.
The TRUMP meme coin has already shown impressive performance, with a recent 5% surge in its price, reaching $17.23. This surge came shortly after Hayes predicted that TRUMP could lead Bitcoin’s rally if the market sentiment turned bullish. The coin’s trading volume has also remarkably increased, jumping 102% to over $1.5 billion.
Meme Coins in Political Campaigning
Hayes suggests that meme coins like TRUMP could become powerful tools for political advertising and campaign financing, particularly leading up to the 2026 mid-term elections in the United States. He even speculated that President Donald Trump monitors the price of TRUMP, reflecting the token’s potential influence in political circles.
The TRUMP meme coin has secured its position as the fourth-largest meme coin in the market, following established players like Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe Coin (PEPE). Hayes’ prediction extends beyond the U.S., with speculation about the potential emergence of political meme coins in other regions, such as China.
TRUMP Price Report
As of today, the TRUMP meme coin is trading at $19.31, with a 24-hour trading volume of $2,250,099,416. The coin has experienced a 14.01% increase in the last 24 hours. The current market cap of TRUMP stands at $3,288,958,127, with a circulating supply of 199,999,617 TRUMP coins.
Technical analysis indicates that TRUMP has recently reclaimed the 20-day Exponential Moving Average (EMA) at $16.91, signaling a potential recovery phase. The immediate support for the meme token stands at $16, while stronger support is present at $14.50.
On the other hand, the immediate resistance for the altcoin is $18.50, with a major resistance at $21. The Relative Strength Index for TRUMP’s price action reads a value of 62.73, confirming that the bulls are currently in charge. The MACD indicator remains bullish, with the MACD line traversing above the signal line.
Arthur Hayes’ prediction and the recent price movements suggest that political insiders could indeed drive TRUMP coin’s price up, potentially leading to a broader rally in the cryptocurrency market.
