TRUMP Memecoin Expected to Jump 70% by Year-End

TRUMP memecoin may surge 70% by year’s end

Summary:
The TRUMP memecoin, associated with former U.S. President Donald Trump, appears poised for a significant price surge, possibly increasing by 70% to reach $13 by the end of 2026. This optimism is bolstered by recent positive developments regarding its issuer, including a potential acquisition deal and a substantial buyback plan.

Key Takeaways:

TRUMP memecoin has confirmed a falling wedge breakout, aiming for a 70% increase to $13 by 2026.
Ongoing discussions with Republic.com and a $200 million buyback initiative are enhancing bullish sentiment.

The TRUMP memecoin, which is built on the Solana blockchain and is linked to Donald Trump, is experiencing a notable resurgence after a steep decline of 90% earlier this year.

TRUMP/USDT three-day chart. Source: TradingView

This meme coin has recovered impressively, gaining more than 450% from its low of $1.50 in October to trade at over $8.30 as of Thursday. Current technical and fundamental indicators strongly suggest another potential 70% upswing by the end of the year.

Positive Outlook Highlighted by Falling Wedge Breakout

TRUMP has confirmed a bullish breakout from a falling wedge pattern that has persisted for several months. This classic reversal setup often precedes significant trend changes.

A price surge above the upper trendline of the wedge, observed in late October, was supported by an increase in trading volume, indicating renewed market interest after a prolonged decline.

TRUMP/USDT three-day chart. Source: TradingView

With a projected price target of $13—determined by adding the wedge's highest point to the breakout level—this points to a roughly 70% increase from current prices. Analysts, including TrentyyX, suggest that a complete recovery toward the former resistance level around $16.50 is also a possibility.

Source: X

For a continuation of this bullish trend, maintaining a close above the 50-day Exponential Moving Average (approximately $8.82) will be crucial. Should the price fall below this threshold, it could delay the anticipated rally and lead to a retest of support near $6.50.

Recent Announcements Strengthening Investor Confidence

Recent news regarding the TRUMP token issuer, Fight Fight Fight, has further bolstered confidence in its recovery.

On October 30, reports indicated that the company is in advanced discussions to acquire the U.S. operations of Republic.com—an established crowdfunding platform that has successfully completed more than 3,000 fundraising efforts.

Related: How the Trump Family Turned Crypto Into an $800M Gold Rush

If finalized, this acquisition could allow Republic users to conduct transactions using TRUMP tokens, significantly enhancing the memecoin's utility beyond mere speculation.

Additionally, just a week later, it was revealed that Fight Fight Fight aims to establish a $200 million digital asset treasury to buy back TRUMP tokens. This strategy aims to decrease the total supply and enhance scarcity, further supporting the bullish outlook highlighted by technical analysis.

Through these developments, the fundamental landscape for TRUMP has become more promising, aligning with the optimistic technical signals observed.