With the recovery of the crypto market, the solea -based breast Coin Trump gained 15 %in the last 24 hours and made a large output. While the transaction volume exceeded $ 1.5 billion, he left his competitors such as Doge, Shıb and Pepe.
Trump seized leadership among breast coins
With the recovery in the crypto market, Trump’s value began to rise rapidly. Token, which is currently traded for $ 16.87, recorded a 13 %rise in the last 24 hours. This increase has exceeded the rise rates below 10 %of popular breast coins such as Doge, Shıb and Pepe, making Trump the most winning breast coin.
In particular, Trump’s transaction volume increased by 102 %and exceeded $ 1.5 billion. The increase in the transaction volume of an asset with the price increase indicates that there is a strong demand in the market and the interest of investors increased.
Positive funding rate supports the rise trend
Trump’s funding rate continues its positive course and is currently 0.0050 %.
The funding rate refers to regular payment between long (Long) and short (short) positions in term transaction contracts. The positive funding rate means that long position holders pay to short position holders and supports the rise tendency in the market.
This shows that there is a strong purchase pressure for Trump and that investors believe that the price will rise further.
Can Trump rise to $ 29,13?
According to daily graphics analysis, Trump has managed to overcome the falling trend line that has suppressed the price since January 22nd.
When an asset breaks the falling trend line upward, it gives a possible return signal in the market feeling. This means that Trump can now come out of the fall trend and enter the rise trend.
If the demand remains strong after this breakage, Trump’s price may rise up to $ 29.13.
However, if investors turn to profit sales, Trump can return to $ 14.27 by giving back some of their earnings.
