🤑 TRUMP Token’s November Revival: A Farce or Fortune? 🎭

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Darling, gather ’round! The utterly preposterous TRUMP meme coin has decided to sashay back into the spotlight, soaring a staggering 42% in the past week alone. How divine! 🌟

As the month draws to a close, one can’t help but wonder if November will be the month this Solana-based trifle finally gets its act together. Accumulation trends, regulatory whispers, and technical tea leaves are all pointing to a potential renaissance for this coin. How utterly… intriguing. 🧐

TRUMP Coin’s Price Hits 6-Week High: Will The Farce Continue? 🎢

When this coin launched earlier this year, it made quite the splash, darling, with gains that were simply ridiculous. But, as is the way with such things, it promptly lost its sparkle, plummeting over 70% in value. The crypto “Black Friday” crash only added insult to injury, leaving TRUMP gasping for breath near record lows. Poor dear. 😢

However, recent macroeconomic shenanigans have triggered a rally, and lo and behold, TRUMP has clawed its way back, rising to $8.6-a six-week high! At press time, it’s trading at $8.2, up 5.28% in the past 24 hours. Bravo, TRUMP, bravo! 👏

Now, my dears, on-chain data and broader developments suggest several factors that could keep this circus going next month. Let’s dive in, shall we? 🕵️‍♂️

1. Sustained Accumulation and Declining Exchange Balances 💼

According to the ever-so-serious folks at Nansen, large holders have been quietly hoarding TRUMP tokens over the past 30 days. Meanwhile, balances on centralized exchanges have dropped by 1.4%. How quaint! This, my darlings, suggests that investors are in it for the long haul-or at least until the next cocktail party. 🍸

This pattern signals strong holder confidence and a lower intent to sell, implying that investors view the current market conditions as an accumulation phase. How very… strategic. 🤔

Furthermore, Lookonchain reports that new wallets are snapping up TRUMP tokens while betting on further price increases. One darling even created new wallets to buy TRUMP spot on Solana and went long on TRUMP on Hyperliquid-already sitting on over $1.5 million in profit! How utterly fabulous! 💃

“Someone created new wallets to buy TRUMP spot on Solana while also going long on TRUMP on Hyperliquid – already sitting on over $1.5 million in profit!” the firm posted.

Despite the accumulation, concentration remains high. The top 10 holders own roughly 92.5% of the supply. This level of whale control can drive price swings. Oh, the drama! 🎭

2. Trading Activity Surges to New Highs 📈

In addition to accumulation, TRUMP has also seen a surge in trading activity. Data from Solscan reveals that the volume of transfers and decentralized exchange (DEX) trading has reached their highest levels in the past three months. How positively thrilling! 🎉

Notably, for the most part, the buy volume has been higher than the sell volume. This surge suggests increasing demand and growing market participation in TRUMP. How very… bullish. 🐂

3. Growing ETF Momentum 📊

Institutional interest could play an increasingly important role in TRUMP’s trajectory. In August, Canary Capital filed an S-1 registration statement with the US Securities and Exchange Commission (SEC) to launch the Canary Trump Coin ETF. How dreadfully official! 📜

Although formal approval is still pending, the ETF was listed on the Depository Trust & Clearing Corporation (DTCC) platform in early October, which adds legitimacy and strengthens market confidence. How very reassuring! 🙏

This listing may encourage holders to maintain or expand their TRUMP positions in anticipation of regulatory progress. Notably, with the SEC showing a more pro-crypto stance, a formal approval might not be far off. Fingers crossed, darlings! 🤞

4. Technical Signals 📉📈

From a technical standpoint, market analysts note that the meme coin has recently broken out of a falling wedge pattern. This bullish formation typically signals a potential trend reversal and the beginning of upward momentum. How utterly… technical! 🔧

“TRUMP gave a classic fake breakout before finally breaking above its resistance trendline. The chart now looks way healthier and with this clean breakout, I think TRUMP could show up for a solid rally in this season,” an analyst posted.

$TRUMP Falling Wedge Breakout is Confirmed..✅

– Captain Faibik 🐺 (@CryptoFaibik) October 30, 2025

Thus, the mix of whale accumulation, ETF potential, and the bullish formation has set the TRUMP token up for a notable November. The sustainability of the token’s rally will depend on the broader economic climate, regulatory decisions, and overall market sentiment. But for now, darlings, let’s raise a glass to TRUMP’s potential revival! 🥂

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2025-10-30 19:37