President Donald Trump just promoted his meme coin, $TRUMP, on his platform Truth Social, triggering a modest price surge. Shortly after the post, the coin saw a 16% jump, briefly reaching $12.50.
This comes just over 2 months since the original launch of the TRUMP crypto token, which was launched on the Weekend before his inauguration in a move that stunned global spectators.
The presidential meme coin quickly swept all liquidity in the market, surging to $200Bn, before miraculously dumping in one of the worst sell-offs of 2025.
However, the pump was short-lived, followed by an 8% pullback and a wave of criticism across social media. Many users accused the move of being yet another pump-and-dump scheme, noting that $TRUMP had already lost 90% (currently 83% down from its ATH) of its value. Skeptics also raised concerns about the coin’s tokenomics. Some alleged that 80% of the token supply is still set to unlock and is controlled by the project’s anonymous creator. On X (former Twitter), the discontent seems larger than the hype around this meme coin.
so @realDonaldTrump starts officially shilling $TRUMP less than 4 weeks before the first token unlocks pic.twitter.com/tVU5Se4gNt
— faded (@fadings0ul) March 23, 2025
Despite the strong reactions, the coin still maintains a strong following. Supporters argue that Trump’s name recognition and viral influence make it a unique player in the meme coin space—regardless of short-term swings.
TRUMP Price Analysis: A Possible Breakout on The Horizon For $TRUMP?
In recent weeks, the price has been consolidating in a tight range between $9.50 and $13.50, suggesting accumulation or indecision.
The latest uptick has brought the price back to the upper part of this range (~$13.27). A clean breakout above $13.50 with strong volume could open the door to targets around $16–$18, but until then, the market remains sideways and fragile. A rejection could send it back to test support near $9.60.
Solaxy Is Building Solana’s First Layer-2—And It Could Be the Fix the Network Desperately Needs
It seems traders are still feeling the burn from the MELANIA dump, which also appears to have triggered the $TRUMP dump. The volume these two coins brought to the Solana network was massive, and the enthusiasm was clearly palpable. But as excitement peaked, so did frustration—many users complained about Solana’s congestion, with failed transactions keeping them out of what they believed could’ve been generational wealth.
This remains a core issue for Solana, and one potential solution is the introduction of a Layer-2. Enter Solaxy, the first Layer-2 blockchain being built specifically for Solana.
If you want the same old problems stick with $SOL…
If you want Speed, Security and Scalability it's time to join $SOLX 🛸🔥 pic.twitter.com/6HzCZwfyKO
— SOLAXY (@SOLAXYTOKEN) March 24, 2025
Solana is battling persistent network congestion and rising transaction fees—both major turn-offs for developers and traders. Solaxy addresses this by processing transactions off-chain and bundling them for final verification, reducing the load on Solana’s mainnet. The result? Lower fees and faster speeds, even during peak activity.
But Solaxy isn’t just about scalability. The project also plans to introduce cross-chain functionality with Ethereum, positioning it as more than a scaling tool. Solaxy could open new doors in NFTs, gaming, and DeFi with interoperability in sight.
Investor excitement is already building. Despite the broader market’s bearish tone, Solaxy’s presale is closing in on $27 million raised. At just $0.001672 per token, and with a significantly smaller market cap than Solana’s $71 billion, the project offers early investors strong upside potential.
Solaxy has launched a passive income program to reward long-term holders with an attractive APY of around 170% for locked tokens. So far, over 6.5 billion tokens have been staked—helping prevent early dumps while encouraging long term holding.
Security-wise, Solaxy has been fully audited by Coinsult, with no technical vulnerabilities found. The full report is available on their official site.
The Solaxy presale is live for a limited time and approaching sell-out fast. Investors can participate using crypto or bank cards through Best Wallet, MetaMask, and other Web3 wallets.
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- A Truth Social post from Trump sparked a 16% pump, briefly pushing $TRUMP to $12.50 before retracing 8%.
- Critics call it a pump-and-dump, noting the coin is still 83% down from its ATH, with 80% of tokens yet to unlock.
- Despite controversy, the coin retains support thanks to Trump’s viral influence in the meme coin space.
- Breakout or Breakdown? Price is testing resistance at $13.50—breakout could target $16–$18, but rejection may send it back to $9.60.
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