Trump Coin (Official Trump/TRUMP) is experiencing quite a price rally after the recent event held at the First Family’s Mar-a-Lago property. According to CoinGecko data, TRUMP’s price has rallied 2.1% in the last 24 hours, 7.4% in the last week, and 5.4% in the 14-day charts. TRUMP’s market cap has seen a significant rise after the recent rally. The project had dipped to the 97th-98th position, but has since risen to the 73rd spot. Despite the rally, TRUMP’s price is still down by 27.8% over the previous month and more than 79% since February 2025. Let’s discuss what’s next for TRUMP. Will the coin continue its rally, or will it face another dip?
Can Trump Coin Sustain Its Price Rally In The Bear Market?
Trump Coin’s latest upswing is likely due to an event held by the First Family at its Mar-a-Lago resort. According to reports, the event saw around 400 attendees, which included several industry heavyweights. Among the highly dignified guests were Binance founder Changpeng Zhao (CZ), Rapper Nicki Minaj, Fifa president Gianni Infantino and Goldman Sachs chief executive David Solomon, among others. However, President Trump did not make an appearance, instead, his family took the stage to address the invitees.
The Trump Family has been actively garnering immense wealth from its crypto dealings, which has led to some controversy. Recently, it was reported that an Abu Dhabi royal purchased 49% of World Liberty Financial days before President Trump’s inauguration. The revelation led to substantial questions among lawmakers and investors.
Also Read: Trump’s Truth Social Funds Files Bitcoin, Ethereum ETF with SEC
However, given the larger bearish market environment, there is a high probability that Trump Coin may not be able to sustain its price rally. The upswing is likely due to the bullish sentiment after the Mar-a-Lago event, and it may not have enough momentum to weather through the ongoing market storm. Bitcoin (BTC) is struggling to break past the $68,000 price level, and other assets are following BTC’s lead.
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