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2️⃣ Large TRUMP tokens withdrawn from centralized exchanges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
BTC 15-minute increase of 0.97%: Driven by active buying and ETF fund inflows pushing the market higher
On March 26, 2026, from 20:00 to 20:15 (UTC), the 15-minute spot Bitcoin (BTC) candlestick return was +0.97%, with a price range of 68,428.7 to 69,460.2 USDT and an amplitude of 1.51%. Trading volume during this period increased by 18% compared to the previous period, reaching approximately $120 million. Market attention significantly intensified, and short-term volatility increased.
The main driver of this movement was strong active buying in the spot market. Specifically, multiple large transfers of ≥1000 BTC appeared on-chain, with net inflows of BTC on major trading platforms totaling approximately 28.
GateNews1h ago
Solana Reclaims $90 as Golden Cross Signals Renewed Momentum
Solana has surpassed the $90 resistance, aided by a golden cross indicating positive momentum, despite low trading volume. Strong on-chain growth supports price stability, and sustained support above $89.50 could push Solana towards $96, though higher volume is crucial for confirming a breakout.
CryptoNewsLand1h ago
Bittensor TAO Jumps 17% as Market Momentum Strengthens
Key Insights:
Bittensor surged 17% in one day, with strong weekly and monthly gains supported by broader crypto stability and rising investor participation.
Institutional access expanded through new exchange products while Grayscale’s trust premium signaled sustained demand for
CryptoNewsLand1h ago
Zcash Rally Gains Strength as Privacy Demand and ZODL Funding Lift ZEC
Key Insights:
The Zcash price rose above $235 with strong volumes, reflecting sustained institutional participation and signaling broader market confidence in privacy-focused digital assets.
The $25 million ZODL funding supports protocol upgrades, wallet growth, and shielded adoption,
CryptoNewsLand1h ago
Hyperliquid Gains Traction as ETF Push Meets Strong Momentum
Key Insights:
Grayscale ETF filing has increased institutional visibility for HYPEUSD, strengthening demand expectations as traditional investors seek simplified exposure to the Hyperliquid ecosystem.
Technical indicators show
CryptoNewsLand1h ago
Bitcoin Slumps to $68K as Middle East Peace Hopes Fade
Bitcoin fell 3.6% as geopolitical tensions between the U.S. and Iran rattled global markets. The cryptocurrency dropped from a high of $71,405 to $68,123, cutting its market capitalization to $1.36 trillion and dragging the broader crypto economy to $2.43 trillion.
Bitcoin Slides on
Coinpedia1h ago
