TRUMP Meme Coin Airdrop Announcement

The TRUMP meme coin project, linked to U.S. President Donald Trump, has unveiled an airdrop to reward buyers of official Trump merchandise.

Launched as a President’s Day promotion, the airdrop acknowledges loyal supporters and aims to expand the TRUMP crypto community. Those who purchased qualified merchandise before February 15, 2025, can claim TRUMP tokens until March 1, 2025.

> HAPPY PRESIDENT TRUMP DAY!
> On January 17, 2025, $TRUMP Meme took the world by storm. Nearly 1 million users held $TRUMP in the first week, with 50% being first-time crypto users! This was one of the biggest crypto onboarding events in history.
> And $TRUMP is just getting started!
> — TrumpMeme (@GetTrumpMemes) February 17, 2025

The airdrop will offer three TRUMP tokens to individuals who made qualifying purchases at specified Trump stores, including Trump-branded sneakers, watches, fragrances, and Trump cards. Claiming tokens requires email verification.

The giveaway benefits merchandise supporters and broadens the TRUMP token community. Furthermore, the airdrop launch coincided with the one-month debut of the TRUMP token, which has experienced price fluctuations since launch.

Price Movement and Market Sentiment

After an early surge, the TRUMP token reached an all-time high before experiencing a price drop. This decline resulted from waning excitement and economic pressures, such as tariffs impacting its value.

The token hit a new all-time low earlier this month, demonstrating its volatile market performance. Despite these challenges, the TRUMP coin saw a 3.71% increase in price over the past 24 hours, now trading at $17.16, although the trading volume has decreased by over 20%.

Analyzing Technical Indicators

Technical indicators reveal mixed signals for the TRUMP token. The MACD indicates a bearish trend, with the MACD line below the signal line and a negative histogram, suggesting short-term downward momentum.

Meanwhile, the RSI stands at 47.03, just below the neutral 50 mark, signaling a balanced market. An increase in the RSI above 50, combined with a shift in the MACD, may signal upward movement, possibly towards $20.

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