YoungTrump Token Pumps 10,000% After Guilty Verdict – Is This the Next Crypto to Explode?
Crypto markets are bracing for the next US Presidential Election as the campaign shifts to focus on Bitcoin policy, and now, after Donald Trump was found guilty on all charges in the hush-money trial, PoliFi meme coin developers haven’t missed a bit with YoungTrump (TRUMP).
This article will provide an analysis of TRUMP’s current price trends and look to see whether an innovative new GameFi presale, PlayDoge (PLAY), represents a more promising investment opportunity at this time.
https://t.co/aClOvUtmNi
YOUNGTRUMP gonna send into the millions mcap
— JKcrypto (@JKcrypto_) June 2, 2024
YoungTrump exploded on the back of the news that Donald Trump has been found guilty of all charges related to the Stormy Daniel’s hush money trial, in what many in the MAGA crowd allege is a politically motivated witchhunt.
TRUMP token’s consequent monster rally can, therefore, be attributed to a show of strength and support by MAGA-minded retail investors.
As TRUMP price stabilizes after a major price correction, Young Trump is currently trading at a market price of $0.000384 (representing a 24-hour change of +14,978%).
With TRUMP price establishing a foothold above lower support in the accumulation zone between $0.00025 and $0.0004, it appears that the worst of the -65% price correction is being absorbed by steady buy pressure.
Indeed, a glance at the order books reveals that bulls remain in control of YoungTrump price action, with taker buys representing 59% of transactions over the past 6 hours.
Yet, some concern is beginning to emerge in the recent deep, namely because TRUMP price has broken lower trendline structure – teasing the risk of a complete breakdown.
This leaves all eyes on the accumulation zone – can bulls hold this level and trigger a
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