TRUMP (OFFICIAL TRUMP) down 6.16% in the last 24 hours

Gate News Bot message, November 07, according to CoinMarketCap data, at the time of press, TRUMP (OFFICIAL TRUMP) is trading at $7.54, down 6.16% in the past 24 hours, with a high of $8.42 and a low of $6.84. The 24-hour trading volume reached $631 million. The current market capitalization is approximately $1.509 billion, a decrease of $99.1033 million from yesterday.

TRUMP is a digital collectible designed to celebrate and support President Trump’s ideas and beliefs. It is an official Trump Meme issued by President Trump, known as the “Crypto President.” TRUMP tokens are available on the Solana and TRON blockchains, with a total supply of 1 billion tokens, gradually released over 3 years. The project emphasizes that it is a community expression of support rather than an investment opportunity and encourages users to join in celebrating courage and strength.

Recent important news about TRUMP:

1️⃣ Trump active in politics, frequently involved in international affairs
Recently, Trump has been active on the international political stage, meeting and dialoguing with leaders from multiple countries. He held talks with the President of Brazil regarding tariff policies and indicated possible arrangements regarding Federal Reserve decisions by the end of the year. These actions suggest Trump is preparing for a potential return to politics, boosting market confidence in the TRUMP token.

2️⃣ Government shutdown crisis intensifies political uncertainty
Trump is pushing the “nuclear option” to break the nearly month-long government shutdown deadlock, but top Republicans remain firmly opposed. The shutdown has caused approximately 750,000 federal employees to take unpaid leave. The Congressional Budget Office estimates that if it continues, it could drag down U.S. Q4 GDP by up to 2%. This political deadlock has increased market volatility expectations for the TRUMP token.

3️⃣ Supreme Court hearings on tariff legality case
The U.S. Supreme Court is conducting oral arguments on the legality of Trump’s large-scale reciprocal tariffs. Several conservative justices have questioned the legality of the tariffs, with platform predictions giving Trump only a 27% chance of winning. This legal dispute could impact Trump’s future economic policies and, consequently, the market performance of the TRUMP token.

From a technical perspective, the TRUMP token price has broken through previous resistance levels, with high trading volume over the past 24 hours, indicating strong short-term buying pressure. However, given the political uncertainties, investors should closely monitor market changes and operate cautiously.

This message is not investment advice; please be aware of market volatility risks.