TRUMP Token Jumps Over 60% in 24 Hours, Leaving Analysts to Question Sustainability
The TRUMP token has seen a significant surge in price over the past 24 hours, jumping over 60% from around $1.80 to an intraday high of nearly $3.68.
This move has pushed the token sharply above the 2.30-2.40 area after weeks of trading near its recent lows.
The rally has also lifted the TRUMP price back into a bullish position, but some analysts are cautious about the sustainability of this move, warning that it could be a bull trap.