US President-elect Donald Trump’s latest crypto venture, Official Trump (TRUMP), has made waves in the crypto community. The hype does not end with just crypto fans, investors, and enthusiasts. People from the traditional finance space and the general population also have their eyes on the crypto realm. The next four years may be a rollercoaster ride for the cryptocurrency industry.
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TRUMP’s Latest Movements
Official Trump (TRUMP) hit a high of $73.43 on Jan. 19, 2025. Since its weekend peak, the asset has dipped by about 15.5%. The coin currently trades at $62.94, rallying 66.4% in the last 24 hours.
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TRUMP has also overtaken Toncoin (TON) and Shiba Inu’s (SHIB) market cap. Trump Coin is currently the 19th largest crypto project by market cap, with a valuation of $12.55 billion.
$100 Next?
According to the analysts at CoinCodex, TRUMP will continue its rally over the next few months. The platform anticipates the asset to hit $100 on Feb. 7, 2025. Hitting $100, from current price levels will entail a rally of about 60%.
CoinCodex does not expect TRUMP to stop at just $100. The platform anticipates the count to hit $265.02 on Feb. 27, 2025. Hitting $265.02 from current price levels will lead to a rally of about 324.03%.
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Official Trump faced a correction early Monday after a new project named after upcoming First Lady Melania Trump stormed the market. The project is called Melania Meme (MELANIA) and is currently the second-best performing crypto in the top 100 projects in the daily charts. Both assets may continue to dominate the crypto charts, especially since Trump will be inaugurated into office later today.