The Trump family supports the company in purchasing $160 million worth of Bitcoin, with TRUMP rising by 20% in a single day, looking towards $15.After the company American Bitcoin, supported by the Trump family, announced the purchase of over $160 million worth of 1,414 Bitcoins, the Meme coin TRUMP recorded a single-day rise of over 20% on Monday, reigniting optimism in the market. The token soared to a monthly high of $8.06, with a market capitalization reaching $1.36 billion, surpassing popular competitors such as PENGU, BONK, SPX, and FLOKI. Analysts noted that TRUMP's social media following surged, and a bullish falling wedge formed on the technical charts, indicating that the price may break through the consolidation range, potentially challenging the $10 resistance level in the short term, and could further surge towards $15, achieving a rise of approximately 104%.
MarketWhisper·2025-10-29 02:53