TRUMP Price Forms New Low As US Reciprocal Tariffs Go Live | Meme Coins To Watch Today

BE[IN]CRYPTO
04-09
  • TRUMP price hits a new all-time low at $7.14 due to the impact of US President Trump's reciprocal tariffs, worsening sentiment.
  • BONK falls 30% over the last two weeks, with weak market enthusiasm and significant resistance to recovery.
  • TUT rises 30%, but faces resistance at $0.029; further gains depend on maintaining momentum and investor optimism.

The crypto market is losing ground every day as global financial conditions worsen. US President Trump’s imposing reciprocal tariffs did not sit well with the OFFICIAL TRUMP meme coin holders.

BeInCrypto has analyzed TRUMP and two other meme coins for investors to watch as the hurricane of volatility strengthens.

Bonk (BONK)

  • Launch Date – December 2022
  • Total Circulating Supply – 78.37 Trillion BONK
  • Maximum Supply – 88.87 Trillion BONK
  • Fully Diluted Valuation (FDV) – $865.88 Million

BONK’s price has fallen by 30% in the last two weeks, dropping to $0.00000981. This sharp decline has erased any gains the meme coin had made in March. Investors have pulled back, contributing to the downtrend in the broader market and worsening the coin’s outlook.

The general market downturn is taking a toll on BONK. With the lack of investor enthusiasm for Solana meme coins, the situation could worsen. BONK might continue its decline and could drop further to $0.00000839. Investor sentiment remains weak, and the coin faces significant resistance in regaining momentum.

BONK Price Analysis. Source: TradingView

Despite the bearish market, a rebound at $0.00000951 is possible. If BONK manages to breach $0.00001038, it could push towards $0.00001247. This would signal a potential recovery and invalidate the current bearish trend, giving investors renewed hope for positive price movement in the future.

Tutorial (TUT)

  • Launch Date – February 2025
  • Total Circulating Supply – 899.01 Million TUT
  • Maximum Supply – 1 Billion TUT
  • Fully Diluted Valuation (FDV) – $28.82 Million

TUT price has risen by nearly 30% this week, reaching $0.028. Despite this gain, it has only recovered about half of the 53% decline observed at the end of March. The meme coin is still struggling to regain its previous highs, facing significant resistance in the recovery process.

TUT is gaining attention for being an AI-powered educational tool focused on blockchain, cryptocurrency, and the BNB chain ecosystem. This new angle is generating increased interest, and if the momentum continues, TUT could see a rise toward $0.039.

TUT Price Analysis. Source: TradingView

However, if TUT fails to breach $0.029, the altcoin may see a drop to $0.021 or lower. If it falls to $0.015, the bullish outlook would be invalidated. The price could continue to decline if market sentiment remains weak, delaying any potential recovery.

OFFICIAL TRUMP (TRUMP)

  • Launch Date – January 2025
  • Total Circulating Supply – 199.99 Million TRUMP
  • Maximum Supply – 999.99 Million TRUMP
  • Fully Diluted Valuation (FDV) – $7.45 Billion

TRUMP price is facing significant losses, particularly due to US President Donald Trump’s recent reciprocal tariffs. The announcement has resulted in a sharp decline, making the OFFICIAL TRUMP token one of the worst performers among meme coins. These macroeconomic factors are further exacerbating the token’s bearish momentum.

The meme coin recently formed a new all-time low (ATL) at $7.14 48 hours ago and is currently trading near that level at $7.53. If the current downtrend persists, the OFFICIAL TRUMP token could slip further, potentially reaching a new ATL of $7.00 or lower, continuing the losses.

TRUMP Price Analysis. Source: TradingView

However, if market conditions improve, TRUMP might see a recovery. For the bearish thesis to be invalidated, the token needs to reclaim $9.11 as support. A successful rebound through this level could trigger an uptrend, allowing TRUMP to recover recent losses.

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

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