Official Trump (TRUMP) is closing in on VeChain (VET) in market cap – and fast.
Official Trump (TRUMP) is closing in on VeChain (VET) in market cap – and fast.
Now trading at $10.45 with a 7% surge in 24-hour volume, TRUMP’s total valuation has climbed to $2.09 billion, just a hair below VeChain’s $2.11 billion – a stunning rise for a meme coin launched only five months ago.
Built on Solana and powered by political hype, social media momentum, and retail speculation, TRUMP has transformed from a curiosity into a contender, raising the question: could a meme token really overtake an enterprise-grade blockchain like VeChain?
TRUMP Technical Analysis: Is TRUMP Primed for a Breakout?
A look at the TRUMP/USDT daily chart reveals a potentially explosive setup. The token has been consolidating within a descending triangle pattern since its initial surge post-launch.
Price action now shows a breakout attempt from the upper resistance trendline, supported by rising volume and a positive RSI divergence.
Source: TradingView
Meanwhile, the RSI (Relative Strength Index) sits at around 40, suggesting that TRUMP is not yet overbought and could have further room to rally.
The MACD is neutral but coiling for a potential bullish crossover, adding further fuel to the upside potential.
Notably, a measured move from the triangle breakout projects a possible rally toward the $90-$100 range, which would represent a near 9x move from current levels.
If the breakout fails and price falls back below the triangle apex around $10, a retest of lower support near $6-$7 remains possible.
TRUMP Eyes Higher Prices, Don’t Miss Out on Memes with $SNORT
As TRUMP attempts a breakout from a massively bullish pattern, Snorter Bot ($SNORT) – a Telegram-based trading assistant designed to make token trading fast, simple, and accessible – has raised a whopping $702,881 in its ongoing presale.
Snorter is first launching on the Solana blockchain, where it delivers lightning-fast trades using a powerful engine built specifically for Solana.
Soon, it will expand to support Ethereum, BNB Chain, and other popular networks, giving users the same smooth experience across blockchains.
Source: Snorter
What really makes Snorter stand out is how simple it is to use. Everything happens inside Telegram – no need for complicated wallets, browser extensions, or extra apps.
With just one tap, users can create or import a wallet and start trading quickly and securely, all within a Telegram chat.
Snorter could have been used to snipe the TRUMP meme token as well. By feeding Snorter Bot the token’s launch address or Raydium pool ID, users could’ve executed buys at the exact moment liquidity was added.
Market participants can purchase the $SNORT token by visiting the official Snorter Token website and connecting a supported wallet like Best Wallet. Simply swap crypto or use a card to buy $SNORT at $0.0949 per coin.
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