- Official Trump trades near $8.15 as VALOR tokens appear in the project’s wallet, reigniting market interest.
- President Trump’s pardon of Binance founder CZ boosts attention on Trump-linked crypto ventures and USD1 stablecoin.
- Technical structure turns bullish above $8 support with resistance at $9.76, eyeing potential move toward $11.
Official Trump (TRUMP) price today trades near $8.15, showing modest gains after a week of renewed attention from traders. Market focus has shifted back to the Trump-linked ecosystem following reports of new holdings in the project’s wallet and rising debate over the Binance founder’s recent presidential pardon. The token now trades close to a major resistance zone between $8 and $9, where its next direction will be defined.
Valor Token Emerges In Trump Team Wallet
Blockchain data from Lookonchain revealed that VALOR, the native token of Swiss fintech firm Smart Valor, is now the second-largest holding in the Official Trump meme coin wallet. The address holds 27.37 million VALOR tokens, valued at around $240,000, following roughly 800 million TRUMP tokens worth $6.47 billion.
The addition of VALOR has divided community opinion. Some investors view it as a sign of partnership or endorsement, while others believe the tokens may have been sent by the VALOR team to attract attention. Regardless of the motive, the transfer has refocused attention on Trump-related wallets, often seen as indicators of shifting sentiment in the broader meme coin market.
Smart Valor, the issuer of the token, runs a regulated crypto platform in Switzerland and launched VALOR on the Solana blockchain through American Launchpad. The event underlines the continued overlap between political themes and blockchain promotion, both of which influence speculative trading behavior.
Binance Pardon Drives Political Crypto Discussions
President Trump’s pardon of Binance founder Changpeng “CZ” Zhao has also drawn renewed attention to crypto assets linked to his name. The move coincided with Binance’s U.S. unit opening deposits for USD1, the stablecoin issued by Trump’s World Liberty Financial venture.
The exchange confirmed that trading for USD1 began on October 29, marking its official entry into the U.S. market. The token is pegged to the dollar and backed by reserves including U.S. Treasuries, creating new accessibility for American traders.
While the timing of the pardon and Binance’s support has raised questions in Washington, traders have largely treated the event as a boost to the Trump-related token ecosystem. The move reinforced a perception that the former president remains actively involved in promoting his family’s crypto ventures, even as regulatory scrutiny continues to surround them.
Official Trump Price Tests Key Resistance Levels
From a technical perspective, Official Trump price has broken above the descending trendline that limited upside momentum since July. The chart shows a recovery from October lows near $6.40, supported by increased volume and a consistent move above short-term moving averages.
The 20-day EMA at $6.97 and the 50-day EMA at $7.25 now form the first layers of support. The 100-day EMA at $8.04 aligns closely with current trading levels, reinforcing this zone as an important pivot area. If TRUMP maintains above $8, the next resistance appears near $9.76, which coincides with the 200-day EMA. A breakout above that could clear the path toward $11, where the next significant technical ceiling lies.
The RSI sits near 60, reflecting balanced but improving momentum. Traders will be watching for sustained volume and a decisive close above $9 to confirm a bullish continuation.
Market Tone Leans Toward Speculative Interest
The recent wallet movements and Binance developments have renewed speculative demand for the Official Trump token. Social activity around the project has increased, mirroring previous cycles when political events lifted interest in Trump-branded crypto assets.
Market analysts note that TRUMP’s price remains primarily sentiment-driven rather than driven by network fundamentals. Still, the visibility of Trump-linked products like USD1 and World Liberty Financial has helped keep the ecosystem relevant at a time when broader meme coin volumes have cooled.
As liquidity improves across the market, the token could continue attracting short-term traders betting on volatility around political and regulatory headlines.
Outlook: Will Official Trump Price Rise Further?
The near-term Official Trump price prediction remains cautiously optimistic while price holds above the $8 support zone. A clean close above $9.76 would likely strengthen the bullish outlook, opening the door toward $11 in the coming days. If momentum fades and TRUMP slips below $7.20, sellers could regain control, sending price back toward $6.90.
For now, both technical structure and sentiment favor the upside, supported by renewed attention following the Binance pardon and wallet activity. Stability above $8 would confirm that buyers are regaining control after months of decline.
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