- The official Trump coin rises 11.8% after Trump’s “Bitcoin superpower” comments.
- Whale activity and bullish chart patterns fuel momentum above $8.00.
- Talks over a Republican-aligned deal suggest expanded real-world utility for TRUMP.
The official Trump coin has climbed again, driven by a mix of political momentum, increased whale accumulation, and bullish technical signals.
Former President Donald Trump outlined his vision to make the United States a “Bitcoin superpower,” and traders and investors are turning their attention to the politically charged digital asset that carries his name.
Trump’s pro-crypto stance sparks a market rally
The official Trump coin has surged sharply, rising more than 11.8% in the past 24 hours to trade near $7.88, significantly outperforming a roughly 1.3% decline across the broader crypto market.
The move followed the American president’s remarks that he wants to make the U.S. “the Bitcoin superpower, the world’s crypto capital.”
Trump characterized Bitcoin and digital assets as tools that “take pressure off the dollar” and as mechanisms to help boost U.S. competitiveness versus China.
Those comments triggered an immediate reaction across politically linked cryptocurrencies, including the official Trump memecoin (TRUMP).
On major exchanges such as Binance and Bybit, daily trading volume for TRUMP exceeded $1 billion, placing it among the day’s top performers.
Analysts note the memecoin’s price gain coincided with a technical pattern that had been forming for months.
Prominent analyst Captain Faibik confirmed that TRUMP broke out of a long-term falling wedge pattern — a setup commonly interpreted as bullish.
$TRUMP falling Wedge Breakout is Confirmed..✅ pic.twitter.com/Olm15xjEdL
— Captain Faibik 🐺 (@CryptoFaibik) November 6, 2025
The move above the upper trendline resistance opens the door to potential upside targets in the $18–$20 range if momentum continues.
Whale accumulation and technical tailwinds lift the official Trump coin price
Beyond political drivers, on-chain and derivatives data support the bullish narrative.
Whale wallets have shown renewed accumulation, with roughly $91 million in net inflows recorded over the past three days.
Open interest has doubled to $351 million, signaling elevated speculative participation.
Funding rates have also turned positive, indicating long positions currently dominate shorts.
From a technical perspective, the official Trump price looks strong in the near term.
The memecoin recently bounced off its 50-day exponential moving average near $7.29 and broke above key resistance at $7.96 — the 61.8% Fibonacci retracement level.
The Relative Strength Index (RSI) sits around 57, indicating rising bullish momentum without yet entering overbought territory.
The MACD remains in a positive crossover, confirming upward momentum is intact.
However, some analysts warn that volatility remains elevated.
Reports that around 80% of the official Trump coin supply is allegedly held by entities linked to Trump’s inner circle raise concerns about centralization and the potential for profit-taking.
A pullback toward the 50-day EMA cannot be ruled out if short-term traders choose to lock in gains.
Expansion plans and political ties fuel speculation
Additional excitement stems from reports that Fight Fight Fight LLC, the issuer behind the official Trump coin, is in talks to acquire Republic.com’s U.S. operations.
Republic is a major crowdfunding platform with over $3 billion in assets, and the rumored deal could broaden TRUMP’s real-world use cases beyond its memecoin origins.
If confirmed, the acquisition could integrate the token into startup fundraising and payment systems, giving it tangible utility that few political tokens possess.
For now, speculation about this potential deal, combined with Trump’s pro-Bitcoin remarks and talk of a U.S. “strategic Bitcoin reserve,” has given traders multiple catalysts to trade around.
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 statements.
Analysts point to key resistance near $8.07, while holding above $6.64 will be important to maintain the bullish bias.
If enthusiasm for U.S. crypto policy continues to grow — and the Republic acquisition progresses — the token could once again approach its July high near $11.92.