Can Trump Coin Stay Bullish? Analyzing Using Recent Data

Trump-themed memecoins like TRUMP surged in popularity during key election cycles and crypto meme phases. 

However, with the TRUMP token now 88% down from its peak, many are wondering: can Trump Coin stay bullish? While hopes for a potential ETF boost remain, current price action paints a more complicated picture.

This article dives into the latest developments surrounding the TRUMP token, including Tuttle Capital's leveraged ETF filing, broader market conditions, and what on-chain and sentiment data suggest about its future.

Bullish Sentiments Around Spot Altcoin ETFs Increase

The crypto industry is buzzing with optimism following the approval of several ETF filings. Recently, Tuttle Capital submitted an amendment shifting the effective date for its leveraged crypto and memecoin ETFs to July 16, 2025. 

Among the assets listed in the filing is the TRUMP token, alongside other popular cryptocurrencies like Solana, XRP, BNB, and BONK.

ETF analyst Eric Balchunas commented that the amendment doesn’t guarantee a launch, but historically, ETFs often debut around the "effective date."

These products are structured under the Investment Company Act of 1940, meaning they do not require direct SEC approval since they don’t hold the underlying assets. Instead, they offer exposure through derivative-based ETFs or crypto-related securities, like the recently launched Rex-Osprey SOL ETF.

Still, the lack of opposition from regulators signals growing openness to more crypto ETF products, a potentially bullish macro development for the space.

Read Also: Solana Staking ETF Hits $12M on First Day, Outperforms XRP and ETH Futures in Opening Performance

Trump Coin ETF Speculation vs. Reality

The possibility of a Trump Coin ETF certainly grabbed headlines, but it hasn’t translated into bullish price action. Despite the ETF buzz, the TRUMP token has dropped over 6% in the last week and more than 22% over the past 30 days.

TRUMP token’s current trading value sits around $8.64—down from its all-time high of over $75. This suggests a decline of nearly 88% from peak valuation. The fall reflects a broader trend of declining interest in memecoins, especially with newer narratives like AI and RWA (real-world assets) gaining traction.

Even though Tuttle Capital’s ETF proposal includes TRUMP, its impact appears muted. This may be due to the ETF's synthetic structure, which doesn’t necessarily require buying TRUMP tokens on the open market. 

Therefore, investor speculation alone isn't sufficient to support price recovery unless accompanied by increased trading volume and sustained demand.

Analyzing Trump Coin Market Performance

Several factors point toward a bearish short- to mid-term outlook:

1. Market Sentiment

General sentiment around memecoins has cooled. Investors are rotating capital toward altcoins with utility or institutional narratives.

2. On-Chain Activity

Wallet activity for TRUMP has dropped significantly. Fewer active users and transactions imply waning interest and lower speculative momentum.

3. Technical Indicators

• RSI is showing signs of oversold territory but not yet triggering a bullish reversal.

• MACD remains in a bearish crossover, suggesting more downside potential.

• Volume is trending lower, signaling weakening momentum.

4. Whale Movement

Blockchain data suggests that large holders—aka "whales"—have been reducing their exposure to TRUMP. When major wallets exit, it often discourages retail traders.

Read Also: $TRUMP Memecoin Explained: $324M in Fees, No Roadmap, and What Investors Should Know

Will ETF Approval Save Trump Coin?

If the SEC ever approves a full spot ETF or if Tuttle’s products attract mainstream attention, there could be some upside potential. 

However, because these ETFs don’t directly hold tokens, the price impact would likely be limited unless it reignites broader speculative interest.

Another possibility is the return of political meme hype as the U.S. election season intensifies. TRUMP coin, being directly associated with a high-profile political figure, could benefit from renewed social media virality—especially on platforms like X (formerly Twitter).

That said, for any bullish trend to sustain, we would need:

• Higher trading volume

• Re-engaged community and influencers

• A return of meme-driven investor capital

Without these elements, ETF speculation alone might not be enough.

Opportunities move fast in crypto, but informed users move faster. Keep up with the newest trends and tools by reading the Bitrue Blog today.

Read Also: Trump Coin Price Forecast: Can $TRUMP Soar to $50?

Conclusion

Trump Coin sits at a critical juncture. While ETF headlines and political hype create occasional spikes in attention, the fundamentals don’t yet support a long-term bullish case. The memecoin is still deeply discounted from its all-time high and struggling to maintain community traction.

Until we see a clear uptick in on-chain activity, influencer promotion, and price volume correlation, TRUMP may remain in bearish territory.

Still, in the unpredictable world of memecoins, sentiment can turn quickly—especially during election cycles. Investors should remain cautious but alert for opportunities.

Read Also: Is Elon Musk Crazy? Analyzing the Recent Comment From Trump

FAQ

What is Trump Coin?

Trump Coin (TRUMP) is a political memecoin themed around Donald Trump. It gained attention during the 2024 U.S. elections and is often seen as a meme asset with speculative value.

Is there an ETF for Trump Coin?

Not yet. Tuttle Capital has filed for a leveraged ETF that includes TRUMP among other tokens. The effective date is July 16, 2025, but no official ETF has been launched.

Why is Trump Coin dropping in price?

TRUMP has declined due to fading meme interest, lower trading volumes, and a broader rotation into more utility-driven crypto projects. It’s also down 88% from its peak.

Could Trump Coin recover?

It could see short-term spikes due to political events or ETF news, but sustained recovery would require higher community engagement and fresh capital inflows.

Should I invest in Trump Coin?

As with all memecoins, investing in TRUMP is high-risk and speculative. Only invest what you can afford to lose, and always do your own research.