Super Trump Price Pumps 4% As Donald Trump Considers Jamie Dimon For Treasury Secretary And This Base Meme Coin ICO Races Towards $3 Million
The Super Trump price is up 4% in the last 24 hours to trade at $0.01585 as of 00:12 a.m. EST on trading volume that surged 48%.
The STRUMP token’s show of strength comes amid broader market bullishness, as altcoins flash green on Bitcoin’s 11% weekly surge. Meanwhile, token holders continue to regard STRUMP as one of the strongest PolitiFi tokens in the market.
And the project predicts it’s only a matter of time before it surpasses MAGA tokens in terms of market capitalization.
Former US president and Republican ticket nominee Donald Trump inspires both STRUMP and MAGA tokens. In an interview this week with Bloomberg, Trump said he would consider appointing JPMorgan CEO Jamie Dimon as US Treasury Secretary.
Both men have historically been critical of Bitcoin, with Dimon calling it a tool for criminals and Trump dismissing it as “not money.” However, Trump’s stance on Bitcoin has softened, and he is set to speak at the Bitcoin Conference in Nashville on July 27.
He also said Federal Reserve chair Jerome Powell would have the opportunity to serve his full term until 2026.
Super Trump Price Prediction
The Super Trump price is trading with a bullish bias, recording higher highs over the last week. It comes after the PolitiFi token broke out above the upper trendline of the falling wedge pattern. This technical chart pattern is considered a significantly bullish reversal pattern, which is confirmed when the price breaks above the upper trend line.
From the chart below, it can be seen that the falling wedge chart pattern was confirmed when the Super Trump price escaped from the formation on July 13.
The profit target of a falling wedge is measured by adding the maximum distance between the upper and lower trend lines to the breakout point. For STRUMP, this is a 127% move north, with part of it already covered. This means that Super Trump still has room for a 27% move to $0.02027.
Based on the outlook of the Relative Strength Index (RSI), which is climbing and well above the meal level of 50, buyer momentum is rising.
This, coupled with the bullish crossover between the Moving Average Convergence Divergence (MACD) and the signal line (orange band), reinvigorates the uptrend.
The RSI’s position at 62, below the threshold of 70, suggests that there is still more room north before the STRUMP token is considered overbought. Traders looking to open long positions for the Super Trump price may, therefore, have reason to, as the upside potential remains viable.
GeckoTerminal: STRUMP/USD 1-day chart
Converse Case
However, there is always the risk of early profit booking. If sellers pull the trigger, the Super Trump price could pull back. In such a directional bias, a candlestick close below the $0.01000 psychological level would negate the bullish thesis.
While the Super Trump price has a chance to extend its gains, traders should be cautious and not succumb to FOMO, the fear of missing out. Some would say it is already too late to buy the token now, as it has already had a strong surge over the last few days.
Investors like these might be interested in a project that is still in presale and has yet to blow up the way the Super Trump price has.
Such a project is Base Dawgz (DAWGZ) — a new meme coin developed on the Base blockchain, but also one that will operate simultaneously on five different chains once it launches.
Influential YouTuber Jacob Bury says DAWGZ has 100X potential as meme coins on Base increasingly take the spotlight.
Promising Alternative To Super Trump
Base Dawgz plans to launch on Ethereum, Avalanche, BSC, and Solana chains as well as having Base as its main home.
Thanks to Portal Bridge and Wormhole technologies, the project will enable quick and easy funds transfers between these chains.
This will allow users to move their money to whichever chain they wish. They will be able to access Ethereum’s DEXes, Solana’s low fees and high speeds, Binance’s own DeFi, and more.
Users can also benefit from staking, which was launched on July 4. Currently, staking in the Base Dawgz pool offers an annual yield of 1,407%.
So far, about 23.7% of DAWGZ tokens have been staked. As the number of staked tokens increases, so do the returns. So investors should consider staking tokens while it’s still early and rewards remain high.
YouTube channel Cryptonews says DAWGZ “is going to explode“ after launch.
If you would like to join investors who have already pumped $2.5 million into DAWGZ, you can buy its tokens for $0.006405 using ETH, USDT, USDC, BNB, BUSD, AVAX, or SOL.
The price will increase in a little less than five days, so don’t wait too long if you plan to add it to your portfolio.
Visit the official DAWGZ website here.
Also Read:
- How to Buy Base Dawgz Token – $DAWGZ Presale Review
- Base Dawgz Price Prediction – DAWGZ Price Potential in 2024
- Best Base Chain Meme Coins To Buy – 2024 Guide
- Upcoming Crypto Presales: Unlock Early Investment Opportunities!
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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