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2️⃣ Large TRUMP tokens withdrawn from centralized exchanges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
The US-Iran conflict escalation impacts global markets: oil prices surge, Asian stock markets decline, Bitcoin remains steady at $66,000
On March 2nd, news reports indicate that the escalation of conflicts between the US and Iran has caused global financial markets to tighten. Asian stock markets generally declined, international oil prices surged significantly, and Bitcoin remained around $66,000. Despite increased geopolitical risks, the market has not shown systemic pressure. Future Bitcoin trends will be closely related to oil prices and inflation expectations.
GateNews5m ago
Shiba Inu Faces Selling Pressure Amid 531 Billion SHIB Inflows
Over 531 billion SHIB moved to exchanges, signaling increased selling pressure.
SHIB trades below key moving averages, showing continued bearish momentum.
Weekend low liquidity could amplify price swings and short-term downside risk.
Shiba Inu entered the weekend under notable pressure a
CryptoNewsLand31m ago
The US-Iran conflict drags down the crypto market, XRP faces $650 million potential sell-off
Recently, the US-Iran conflict has driven XRP market volatility, with approximately 472 million XRP flowing into exchanges, reflecting that holders may be adjusting their strategies to increase liquidity, but this does not necessarily indicate an intention to sell. The market is influenced by geopolitical factors, and investors are generally shifting towards traditional safe-haven assets, leading to an overall decline in the cryptocurrency market. The next few days will be crucial for observing the trend of the XRP market.
MarketWhisper31m ago
ETH 15-minute sharp decline of 0.96%: Mainnet capital outflow and ETF capital flow slowdown resonate, triggering short-term volatility
On March 2, 2026, from 06:15 to 06:30 (UTC), ETH prices experienced a -0.96% decline, with the price range between 1941.94 and 1969.98 USDT, and a volatility of 1.42%. This fluctuation occurred amid heightened market attention and increased volatility, with active short-term trading and a general decline in user risk appetite.
The main driver of this fluctuation was the continuous net outflow of funds from the Ethereum mainnet, which accelerated the marginal contraction of on-chain liquidity. From the beginning of 2026 until the report time, the mainnet experienced a total net outflow of approximately $689 million, with some funds migrating to
GateNews35m ago
Bitcoin Vs Gold Is OVER – Bitcoin Is Secretly 66% Undervalued
Samson Mow, the CEO of Jan3, has dared to make a statement regarding the current position of Bitcoin. He says that Bitcoin is selling at a great discount against its past association with gold and the liquidity of the world markets. In his opinion, Bitcoin is positioned 24-66 percent below the
Coinfomania37m ago
