Trump Coin Dominates Market Amid Positive US-China Trade Talks
While the larger crypto market is facing a correction, Trump Coin (Official Trump/TRUMP) is registering gains on every time frame. According to CoinGecko data, Trump Coin has seen an 8.7% rally in the last 24 hours, a 42.9% rally in the last week, a 35.8% rally in the 14-day charts, and a 10.2% rally over the previous month. Let’s discuss why TRUMP’s price is going up, while most other crypto assets are facing corrections. Source: CoinGecko What’s Behind Trump Coin’s Price Rally? Source: Newsweek Trump Coin’s latest price surge comes amid positive trade talks between the US and China. The crypto market faced its most significant single-day liquidation earlier this month after the two countries engaged in a trade dispute. The market slightly recovered after President Trump said that the two nations would finalize a new trade deal. However, the recent positive trade developments have led to a wider market rally. TRUMP is among the few crypto assets trading in...