Gate News Bot Message, November 12th, according to CoinMarketCap data, TRUMP (OFFICIAL TRUMP) is currently priced at $7.68, down 9.36% in the past 24 hours. The highest price reached $9.50, and the lowest dropped to $7.31. The 24-hour trading volume is $728 million. The current market capitalization is approximately $1.537 billion, a decrease of about $159 million from yesterday. TRUMP is currently ranked 54th in the cryptocurrency market cap list.
Recent important news about TRUMP:
1️⃣ Trump Media & Technology Group reports large crypto investments
The third-quarter financial report shows the company holds 11,542 Bitcoin, valued at about $1.3 billion. Additionally, the company achieved $15.3 million in profit through Bitcoin options investments and holds over 746 million Cronos, with an unrealized gain of $33 million. This large-scale crypto investment strategy demonstrates the company’s confidence in digital assets, positively impacting the TRUMP token.
2️⃣ Large TRUMP tokens withdrawn from centralized exchanges
On-chain data shows a new wallet withdrew 3 million TRUMP tokens worth approximately $23.24 million from a centralized exchange within 15 hours. Another new wallet withdrew 2.5 million TRUMP tokens worth about $18.85 million within 12 hours. These large withdrawals may indicate increased long-term holders, providing support for TRUMP token’s price.
3️⃣ Trump actively involved in government shutdown resolution
Trump has repeatedly called for an end to the government shutdown, stating, “It looks like we are very close to ending the government shutdown.” The U.S. House of Representatives is expected to vote this Wednesday on a bill to end the shutdown. Trump’s active presence on the political stage has boosted market confidence in the TRUMP token.
From a technical perspective, TRUMP’s price has recently experienced a correction, but the 24-hour trading volume remains high, indicating strong market activity. However, due to political uncertainties, investors should closely monitor market changes and operate cautiously.
This message is not investment advice. Please be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Dogecoin Holds $0.094 as X Cashtags Drive Market Attention
Key Insights
Dogecoin holds above $0.094 despite market weakness as Bitcoin and Ethereum stabilize, reflecting resilience and sustained demand across major cryptocurrencies during the consolidation phase.
X launches smart cashtags enabling real-time crypto and stock tracking, improving marke
CryptoNewsLand2h ago
ADA Price Outlook as Cardano Lands LSE Tokenized Deal
Key Insights
Cardano tokenized a Hannover Re reinsurance product and listed it on the London Stock Exchange, expanding blockchain use in regulated institutional markets.
ADA price holds within a descending wedge as support at $0.2400 remains intact while resistance near $0.2550 and $0.2824 l
CryptoNewsLand2h ago
ADA Price Outlook as Cardano Lands LSE Tokenized Deal
Key Insights
Cardano tokenized a Hannover Re reinsurance product and listed it on the London Stock Exchange, expanding blockchain use in regulated institutional markets.
ADA price holds within a descending wedge as support at $0.2400 remains intact while resistance near $0.2550 and $0.2824 l
CryptoNewsLand2h ago
Aave’s WETH unfreeze hands leverage to whales and illiquidity to everyone else
Spark's MonetSupply says Aave's decision to unfreeze its Core WETH market lets LST/LRT whales farm \~45% weETH loops while aEthWETH sits at 100% utilization, trapping regular users.
Summary
Spark strategy director MonetSupply says Aave's decision to unfreeze its Ethereum Core WETH market is "il
Cryptonews2h ago
Dogecoin Transaction Volume Spikes to $800M, Up 241% in 24 Hours
Gate News message, April 21 — Dogecoin's on-chain transaction volume surged to nearly $800 million on April 16, marking the highest single-day volume recorded in 2026, according to data from crypto analyst Ali Martinez citing Santiment. The volume jumped 241% within 24 hours from April 15, when it s
GateNews3h ago
Shiba Inu Breakout Gains Strength as Volume Surges
Key Insights
Shiba Inu’s breakout above the triangle pattern gains strength as rising volume and higher lows confirm growing demand and a sustained bullish market structure shift.
Derivatives activity jumps significantly with volume surpassing $249 million while open interest rises,
CryptoNewsLand4h ago
