TRUMP Meme Coin Soars 20% After Korea Blockchain Week Announcement
The meme coin TRUMP has experienced a significant surge of nearly 20% in just one day, reaching a price of $2.75 per CoinGecko. This increase comes after the announcement that Official Trump will be attending Korea Blockchain Week in Seoul from September 29 to October 1.
Analysts are predicting further gains for TRUMP, with some envisioning a rally above $10 if it stays persistently above the upper resistance level of $3-$3.15. Crypto Patel claimed that the asset has broken out of the crucial zone at $2.055 and could surge towards $15 if this level holds as support.
However, not all analysts are optimistic about TRUMP's prospects. Crypto with Haris ₿ has described it as a 'scam token' where only insiders can make money while retail investors lose. He also stated that the real value of TRUMP lies below $1.