Key Notes
- TRUMP token rises 1% to retake $9.32 as Trump cuts stake in WLFI to 40%.
- Early price reactions suggest the market interprets the move as a de-risking signal following Senate scrutiny.
- With VWAP trending above current price confirmed close above $9.32 double-top may spark bullish continuation.
The official TRUMP token rose 1% on Thursday, June 19, reclaiming the $9.32 level after briefly slipping into a six-day downtrend. The price recovery coincides with new disclosures showing that Donald Trump -backed DT Marks DEFI LLC now owns about 40% of crypto investment firm World Liberty Financial Inc.
TRUMP Price Climbs 1% Amid Reduced Trump Holdings in WLFI
According to a recent Forbes report , the 20% reduction in Trump’s ownership appears to have triggered a positive risk-repricing event across TRUMP markets. Traders speculate that Trump’s partial exit mitigates the threat of regulatory action.
In April 2025, the US Senate had stalled an advanced stablecoin legislation bill, citing “conflict of interest” concerns over his involvement with both the USD1 stablecoin and the TRUMP $9.38 24h volatility: 1.2% Market cap: $1.88 B Vol. 24h: $261.91 M meme coin launched ahead of the Presidential inauguration day in January. TRUMP token’s positive price reaction suggests that the de-risking narrative is outweighing fears of insider dumping, at least for now.
The US Senate decision to pass the GENIUS act on Wednesday could be linked to Trump’s reduced ownership in crypto ventures.
TRUMP Token Eyes Breakout Above $9.32 Double-Top Pattern
From a technical standpoint, TRUMP is currently trading at $9.31, just below the key $9.32 neckline of a clearly formed double-top pattern, a historically bearish reversal setup.
Official Trump Price Forecast | Source: TradingView
As seen below, TRUMP token is attempting to reverse a string of lower lows posted over the last six daily sessions. Reclaiming the $9.32 double-top, last tested on June 4 and June 14, would mark a significant technical breakout.
More so, the 24-hour trading volume on Binance has slumped to 1.5 million tokens, a 15-day low, indicating that selling pressure is weakening.
A confirmed daily close above $9.32 could open the door for a short-term rally toward the $10.75 resistance area, last seen on June 2. On the downside, failure to hold $9.00 as support may invite a retest of the $8.10 pivot zone, where buyers have previously stepped in.
TRUMP Cools, But Best Wallet ($BEST) Heats Up With $13.4M Raised
As attention around Trump-linked crypto fades, strategic traders are pivoting towards Best Wallet ($BEST), a token powering the next-gen non-custodial wallet.
Best Wallet is designed to shake up the $11 billion Web3 wallet market with an intuitive interface, multi-chain functionality, and native token utility. $BEST holders gain early access to presales, reduced transaction fees, and premium returns on staking deposits through the in-app aggregator.
Now in its presale phase, $BEST is priced at $0.025205, with over $13.4 million already raised. A price increase is expected in under 48 hours.
To buy $BEST tokens, visit the official Best Wallet site and connect a supported wallet like Best Wallet. You can purchase it using crypto or card.
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