- Official Trump coin jumps 11.8% after Trump’s Bitcoin superpower remarks.
- Whale activity and bullish charts fuel momentum above $8.00.
- Republic deal talks hint at expanding TRUMP’s real-world utility.
The Official Trump coin is soaring once again, powered by a mix of political momentum, whale activity, and bullish technical signals.
Donald Trump has declared his vision of making the United States the “Bitcoin superpower,” and traders and investors are turning their eyes toward the politically charged digital asset that bears his name.
Trump’s pro-crypto stance sparks a market rally
The Official Trump coin has risen sharply, climbing over 11.8% in the past 24 hours to trade near $7.88, outpacing the broader crypto market’s decline of around 1.3%.
The move followed US President Donald Trump’s statement that he wants to turn the United States into “the Bitcoin superpower, the crypto capital of the world.”
President Trump described Bitcoin and digital assets as tools that “take pressure off the dollar” and help strengthen US competitiveness against China.
Those remarks triggered an immediate reaction across politically linked cryptocurrencies, including the Official Trump (TRUMP) memecoin.
On major exchanges such as Binance and Bybit, daily trading volume for TRUMP exceeded $1 billion, placing it among the day’s top performers.
Analysts note that the memecoin’s price surge coincided with a technical pattern that had been forming for months.
According to prominent analyst Captain Faibik, TRUMP confirmed a breakout from a long-term falling wedge pattern — a setup often seen as a bullish reversal.
$TRUMP falling Wedge Breakout is Confirmed..✅ pic.twitter.com/Olm15xjEdL
— Captain Faibik 🐺 (@CryptoFaibik) November 6, 2025
The move above the upper trendline resistance has opened the door for potential upside targets between $18 and $20 if the momentum continues.
Whale activity and technical tailwinds boost the Official Trump coin price
Beyond politics, data from on-chain and derivatives platforms support a bullish narrative.
Whale wallets have shown renewed accumulation, with roughly $91 million in net inflows recorded over the past three days.
Open interest has doubled to $351 million, signalling heightened speculative activity.
Funding rates have also turned positive, indicating that long positions now dominate short bets.
From a technical analysis standpoint, the Official Trump price looks strong in the near term.
The meme coin recently bounced off its 50-day exponential moving average near $7.29 and broke above key resistance at $7.96 — the 61.8% Fibonacci retracement level.
The Relative Strength Index (RSI) sits around 57, pointing to growing bullish momentum without yet entering overbought territory.
The MACD indicator remains in a positive crossover, confirming that upward momentum is intact.
However, some analysts caution that volatility remains high.
With roughly 80% of the Official Trump coin supply reportedly held by entities linked to Trump’s inner circle, concerns about centralisation and potential profit-taking persist.
A correction toward the 50-day EMA cannot be ruled out if short-term traders decide to lock in gains.
Expansion plans and policy links drive speculation
Adding to the excitement are reports that Fight Fight Fight LLC, the issuer behind the Official Trump coin, is in talks to acquire Republic.com’s US operations.
Republic is a major crowdfunding platform with over $3 billion in assets, and the rumoured deal could expand TRUMP’s use cases beyond its meme coin origins.
If confirmed, the acquisition could integrate the token into startup fundraising and payment systems, offering it a real-world function that few political coins possess.
For now, speculation about this potential deal, coupled with Trump’s pro-Bitcoin comments and talk of a US “strategic Bitcoin reserve,” has given traders plenty to bet on.
Outlook for the Official Trump coin price
The coming weeks will test whether the Official Trump coin price can sustain its breakout and build on the momentum from Trump’s latest remarks.
Key resistance, according to analysts, remains near $8.07, while holding above $6.64 will be crucial for maintaining bullish sentiment.
If enthusiasm surrounding US crypto policy continues to grow — and the Republic acquisition moves forward — the token could once again approach its July high near $11.92.
