Eric Trump Denies New Crypto Token Launch, TRUMP Price Plunges
The price of TRUMP (TRUMP) fell by 6.97% on the day, reaching $2.51 and landing below its short-term moving average but above both the medium- and long-term averages.
Eric Trump has denied claims that the Trump family is involved in a new crypto token launch, labeling these rumors as fraudulent.
This denial removes ambiguity over the legitimacy of any crypto project using the Trump name, limiting hype-driven inflows.
The TRUMP price chart shows mixed momentum signals, with the Ichimoku Kijun at $2.66 serving as immediate resistance.