- The official Trump coin jumped 11.8% after Trump’s remarks about making the U.S. a bitcoin superpower.
- Whale activity and bullish charts support momentum above $8.00.
- Talks about a deal with Republic suggest expansion of the Trump coin’s real-world utility.
The official Trump coin is climbing again, driven by a mix of political momentum, whale accumulation and bullish technical signals.
Donald Trump declared his vision to make the United States a “bitcoin superpower,” and traders and investors have turned their attention to the politically charged digital asset that carries his name.
Pro-crypto stance from Trump sparks market rally
The official Trump coin surged sharply, rising more than 11.8% in the past 24 hours and trading near $7.88, outperforming the broader crypto market decline of roughly 1.3%.
The move followed the U.S. president’s statement that he wants to turn the United States into a “bitcoin superpower, the world’s crypto capital.”
President Trump described bitcoin and digital assets as tools that “reduce pressure on the dollar” and help strengthen U.S. competitiveness against China.
Those comments triggered immediate reactions across politically linked cryptocurrencies, including the Official Trump memecoin (TRUMP).
On major exchanges like Binance and Bybit, TRUMP’s daily trading volume surpassed $1 billion, making it one of the token’s strongest trading days.
Analysts note that the price rise coincided with a technical pattern that had been forming for months.
According to prominent analyst Captain Faibik, TRUMP confirmed a breakout from a long-term falling wedge formation — a setup often viewed as a bullish reversal.
$TRUMP falling Wedge Breakout is Confirmed..✅ pic.twitter.com/Olm15xjEdL
— Captain Faibik 🐺 (@CryptoFaibik) November 6, 2025
Clearing the upper trendline of resistance opened the door to potential upside targets between $18 and $20 if momentum continues.
Whale accumulation and technical tailwinds lift the official Trump coin
Beyond politics, on-chain and derivatives data support the bullish narrative.
Whale wallets showed renewed accumulation, with an estimated net inflow of about $91 million over the past three days.
Open interest doubled to $351 million, indicating heightened speculative activity.
Funding rates turned positive, suggesting longs are now dominating shorts.
From a technical perspective, the official Trump coin looks robust in the near term.
The memecoin recently bounced off its 50-day exponential moving average near $7.29 and cleared key resistance at $7.96 — the 61.8% Fibonacci retracement level.
Official Trump coin price chart | Source: CoinMarketCap
The Relative Strength Index (RSI) sits around 57, signaling rising bullish momentum without yet reaching overbought territory.
The MACD indicator remains in a positive crossover, confirming intact upward momentum.
Some analysts caution that volatility remains high.
Approximately 80% of the official Trump coin supply is reportedly held by entities linked to Trump’s inner circle, raising ongoing concerns about centralization and potential profit-taking.
A pullback toward the 50-day EMA cannot be ruled out if short-term traders decide to lock in gains.
Expansion plans and political ties fuel speculation
Adding to the excitement are reports that Fight Fight Fight LLC, the issuer behind the official Trump coin, is in talks to acquire the U.S. operations of Republic.com.
Republic is a major crowdfunding platform with more than $3 billion in assets, and a confirmed deal could broaden TRUMP’s real-world use cases beyond its memecoin origins.
If the acquisition happens, the token could be integrated into fundraising and payment systems for startups, providing a rare practical utility for a politically linked coin.
So far, speculation about the potential deal, combined with Trump’s pro-bitcoin comments and talk of a U.S. “strategic bitcoin reserve,” has given traders plenty to trade on.
Outlook for the official Trump coin price
The coming weeks will test whether the official Trump coin can sustain its breakout and build on the momentum from Trump’s recent remarks.
Key resistance remains near $8.07 according to analysts, while holding above $6.64 will be critical to maintain bullish sentiment.
If enthusiasm for U.S. crypto policy continues to grow — and if a Republic acquisition progresses — the token could revisit its July high near $11.92.