![Official Trump [TRUMP]](/cdn-cgi/image/onerror=redirect,width=640,height=640,format=webp/https://storage.googleapis.com/uploads.mongoosehq.com/url/media/70023580/dee50c96de2813c5c59d7b6de3731c4ba34a9b0834e258ee547af1f8f80c8a2e)
Overview
- The token gained roughly 20% over the past week, outperforming major meme coins such as Dogecoin and Shiba Inu.
- Chart analysts say TRUMP confirmed a breakout from a multi-month downtrend, clearing $9 and tagging an intraday high of $9.56 while reclaiming short-term moving averages.
- Market capitalization rose to about $1.7–$1.79 billion, with reports noting it overtook Pump.fun to rank as the fifth-largest meme coin.
- On-chain data show a newly created wallet withdrew 3 million TRUMP from Binance on Nov. 8 and now holds around $3.4 million in unrealized profit as accumulation and outflows from exchanges increased.
- Analysts flag near-term risks from concentrated holdings and potential whale profit-taking, and note the token remains well below its earlier 2025 peak near a $14.5 billion valuation.