Chinese Firm Announces TRUMP Purchase as Token Soars, Will Prices Hit New ATH?

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GD Culture Group, a Chinese-linked holding company, has announced its intention to invest a staggering $300 million into Bitcoin and the official TRUMP meme coin.

According to an official SEC filing, GDC will fund the investment through a stock purchase agreement with an investor based in the British Virgin Islands, who has pledged to provide capital of up to $300 million.

GDC emphasized that the funds will be used not only to acquire Bitcoin and the TRUMP token but also to support broader corporate initiatives and long-term crypto reserves.

According to CoinMarketCap data, TRUMP is up 6% in the past day and trades at $13.65, despite a 27.79% drop in volume.

This surge comes just days ahead of the highly anticipated Trump crypto dinner, scheduled for May 22, where the top 220 holders of the TRUMP token will enjoy an exclusive event with US President Donald Trump himself.

The dinner had already triggered bullish momentum earlier this month when it was first confirmed. Now, the GDC investment seems to have added fuel to the fire.

Technical Outlook: TRUMP Price Analysis

On the 1-hour chart, TRUMP/USDT is currently forming an ascending triangle pattern.

The price is testing the lower boundary of the triangle near $13.30, and a breakout above the upper trendline resistance around $13.80–$14.00 could lead to a sharp rally. A successful breakout above $14 could send TRUMP toward retesting recent highs near $15.20.

However, if price fails to hold the ascending triangle support near $13.20, a breakdown could expose the token to a retest of the psychological $12.50 level.

Meanwhile, the RSI is currently hovering around the neutral 50 mark, the RSI is in recovery mode after dipping from overbought levels. The MACD indicator shows that the MACD line is slightly above the signal line, a fresh bullish crossover could be imminent.

As TRUMP Soars, Don’t Miss Out on MIND

As TRUMP token continues to print new highs, MIND of Pepe ($MIND), an autonomous AI agent has emerged as one of the most intriguing and ambitious crypto presales of 2025, already raising a massive $9.2 million in the ongoing presale.

MIND is not just a tool, it is a self-evolving system designed to deliver unique market insights exclusively to $MIND token holders.

The platform’s presale mechanism offers more than just early access. With a staking system in place even before the official blockchain launch, buyers can earn a substantial 247% in staking rewards, enhancing the appeal for long-term holders.

With just 16 hours, 23 minutes until the next price increase, $MIND tokens can be acquired at the current price of $0.00037515 by simply visiting the official MIND of Pepe website and connecting a compatible wallet like the Best Wallet.

Simply swap crypto or use a bank card to complete your purchase on the website.

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