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Official Trump Price Prediction: 1 In 3 Australians Say Trump Is Good For Crypto, While Investors Flock To This ICO For Diversified Meme Coin Exposure

Official Trump Price Prediction: 1 In 3 Australians Say Trump Is Good For Crypto, While Investors Flock To This ICO For Diversified Meme Coin Exposure

InsidebitcoinInsidebitcoin2025/02/21 11:11
By:Insidebitcoin

The Official Trump price dropped 1% in the last 24 hours to trade at $15.55 as of 2:20 a.m. EST on trading volume that went down 18% to $820.2 million.

This slight drop in the TRUMP price comes after a recent survey reported that Trump’s reputation is good for the crypto industry, as 1 in 3 Australians believe that the crypto industry will prosper with him as the US president. The survey was conducted by an Australian crypto exchange, Independent Reserve,

Official Trump Price Prediction

TRUMP has seen plenty of smaller price fluctuations in the last few days, which saw its price go from the upper Bollinger Band to the lower one, keeping the margin between the two bands wide, and rarely standing still for more than a few minutes.

The fluctuations have been good for day traders, who were able to use these opportunities to make small profits multiple times per day.

Official Trump Price Prediction: 1 In 3 Australians Say Trump Is Good For Crypto, While Investors Flock To This ICO For Diversified Meme Coin Exposure image 0 Official Trump Price Prediction: 1 In 3 Australians Say Trump Is Good For Crypto, While Investors Flock To This ICO For Diversified Meme Coin Exposure image 1

The project’s Relative Strength Index (RSI) also shows that TRUMP has seen quite a lot of trading activity, with the RSI typically going from the overbought zone to the oversold one. From time to time, the neutral value at 50 also played a role in the RSI’s performance.

For example, in the last 24 hours, the RSI fluctuated between 50 and 30, showing that traders were not optimistic enough to keep buying until the RSI surged to the overbought zone at 70, but would instead start selling at the neutral level.

This suggests that there is still a high level of caution, as many traders are not willing to take major risks, likely believing that the recovery has not yet started in full. However, the RSI could see a stronger increase today, as it often does at the end of the week, when prices tend to see either strong surges, or sharp drops. For the time being, the former seems more likely, as crypto prices are mostly trading in the green.

Promising Alternative To Official Trump

While TRUMP may see a recovery soon, investors are more interested in Meme Index (MEMEX) — one of the most popular meme coin presales right now. This is a project that aims to simplify meme coin investing while giving investors a way to unlock diversified meme coin exposure.

Meme Index introduces entire baskets of meme coins that allow investors to buy into multiple tokens with a single investment, rather than build a portfolio from scratch through individual meme coin purchases. There are four indexes available, called Titan, Moonshot, MidCap, and Frenzy.

Official Trump Price Prediction: 1 In 3 Australians Say Trump Is Good For Crypto, While Investors Flock To This ICO For Diversified Meme Coin Exposure image 2 Official Trump Price Prediction: 1 In 3 Australians Say Trump Is Good For Crypto, While Investors Flock To This ICO For Diversified Meme Coin Exposure image 3

Each index comes with its own degree of risk, with Titan being the least risky, consisting only of top-ranking meme coins. Meanwhile, Frenzy is the riskiest, holding new and experimental meme coin projects, where anything could happen. With different options, investors can select the level of risk they feel comfortable with.

However, to invest in any of these indexes, investors will require the project’s native token, MEMEX, which is currently in presale. The project’s ICO raised over $3.79 million over the last several weeks, and is closing in on the $4 million mark. Meanwhile, its price is currently only $0.0164239, but crypto experts, such as YouTuber ClayBro, believe that this will change drastically once the token goes live.

In many of his videos, ClayBro has speculated that the project has 10x potential.

Buy MEMEX before its price sees another scheduled increase in less than 2 days.

Related Articles:

  • Bitwise CIO Backs ”Index-Based Approach” For Crypto ETFs
  • Trending Meme Coins to Buy Now
  • Market Downturn Fuels Interest in These 5 High-Potential Meme Coins
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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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