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BlockNews
Home CRYPTO

TRUMP Token Surges 20%—Whale Activity and Upbit Listing Fuel the Rally

Gary Ponce by Gary Ponce
February 13, 2025
in CRYPTO, MEMECOINS, OPINION
Reading Time: 4 mins read
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  • TRUMP token surged 20% in 24 hours, reaching $17.52, following Upbit’s listing announcement with trading pairs in KRW, BTC, and USDT set for February 13.
  • A crypto whale bought 105,923 TRUMP ($1.82M worth) at $16.50, re-entering the market after previously making $2M in profits, fueling speculation of further price gains.
  • Technical indicators signal bullish momentum, with TRUMP breaking above the 20-day EMA ($15.8), MACD flashing a bullish divergence, and potential resistance at $18-$20 if momentum holds.

The Official Trump (TRUMP) token has exploded by 20% in the last 24 hours, soaring from $14.65 to a daily high of $17.52. This surge comes hot on the heels of Upbit’s announcement to list TRUMP trading pairs (KRW, BTC, and USDT) on February 13—a move that has injected fresh excitement into the market.

Upbit’s Listing: Restrictions & Trading Rules

Upbit’s statement made it clear that trading TRUMP won’t be a free-for-all. The exchange has set several restrictions to manage volatility:

  • Buy orders will face a 5-minute delay at market open.
  • Sell orders priced 10% lower than the previous day’s close will also face a 5-minute restriction to prevent rapid declines.
  • All non-limit orders will be delayed for an hour after trading begins.

These measures indicate a cautious approach to handling the token’s expected volatility following the listing.

Whale Buys Big—Market Reacts

Massive whale moves have added fuel to the fire. Data from Onchain Lens reveals that a crypto whale spent 9,350 SOL (~$1.82M) to buy 105,923 TRUMP at $16.50. What’s more intriguing? This isn’t their first dance with TRUMP. The same whale previously made $2M in profits on this token and has now jumped back in, likely betting on further gains after Upbit’s listing.

Technical Breakdown: TRUMP Shows Strength

The TRUMP/USDT 4-hour chart is flashing bullish signals, showing a breakout above the 20-day EMA at $15.8. This breakout is significant, considering TRUMP had been on a steep downtrend, plunging 77.03% from its all-time high of $75.35 over the past 25 days.

  • Bollinger Bands: Price broke past the upper band, signaling increased volatility. However, this level may act as a short-term resistance, leading to potential consolidation before another move upward.
  • MACD Indicator: The MACD line (blue) just crossed above the signal line (orange)—a bullish divergence. The histogram has flipped positive, reinforcing buying pressure.

Key Levels to Watch

  • If TRUMP holds above $15.8, expect it to test resistance between $18 and $20 in the coming days.
  • A drop below $15.8 could trigger short-term consolidation, with support forming near the $14.5-$15 range.
  • Profit-taking pressure may increase at higher levels, so traders should watch volume trends for signs of sustained momentum.
Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: $TRUMPBlockchaincryptoOnchain LensUpbit
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Gary Ponce

Gary Ponce

Gary has been active in the crypto space since 2019, developing hands-on experience in trading, airdrop hunting, and identifying emerging narratives in low-cap tokens. For over four years, he has contributed research and editorial content with Aiur Labs and BlockNews, focusing on market analysis and community insights. His work reflects both transparency and independent reporting, with an emphasis on simplifying complex ideas for readers. Gary is a long-term believer in Bitcoin, Sui, Hype, Litecoin, XRP, and select meme tokens, combining personal trading knowledge with professional editorial standards.

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