$TRUMP Pumping Over 20% This Week: Presidential Memecoin Back for Good?

The OFFICIAL TRUMP ($TRUMP) token is on a strong rally, surging over 20% this week and climbing past $22 after its listing on Upbit, South Korea’s largest crypto exchange. The Solana-based meme coin was officially made available for trading on February 13 at 18:00 KST, with trading pairs against Korean won (KRW), Bitcoin (BTC), and Tether (USDT).

Following the listing , deposits and withdrawals opened two hours later, giving traders time to move funds before live trading began.

Upbit briefly restricted initial buy orders for five minutes, while non-limit orders remained disabled for the first hour to prevent excessive volatility.

Market Rebound After Sharp Correction; $TRUMP Supported

Launched ahead of Donald Trump’s presidential inauguration, the $TRUMP meme coin initially skyrocketed, reaching a $10 billion market cap and an all-time high of $39.63. However, early buyers took profits, triggering a steep correction that sent prices tumbling to $4.29 by January 18.

Despite the massive decline, $TRUMP has rebounded significantly, driven by renewed investor interest and key exchange listings. While the market cap remains well below its peak, the recent surge signals growing confidence in $TRUMP’s long-term viability.

What’s fueling the comeback?

Exchange Listings: More platforms are adding $TRUMP, improving liquidity and accessibility.
Market Optimism: The meme coin sector is heating up again, attracting speculative traders.

$TRUMP Price Analysis: Technical Outlook

The TRUMP/USDT pair is currently facing resistance near $24.50, where a downward trendline is limiting further upside. The recent rally met strong selling pressure at this level, suggesting traders are taking profits.

A three black crows pattern on the 4-hour chart signals that bullish momentum is weakening, increasing the risk of a short-term pullback.

• Immediate Support: $19.30, with the 50-period EMA at $18.10 acting as dynamic support.
• Key Resistance: A break above $21.50 could reignite bullish sentiment, pushing prices toward $24.50 and higher.
• Risk of Downside: A failure to hold $17.30 could lead to a retest of $14.70, a crucial support zone.

A sustained move above $21.50 could extend the rally, while a break below $17.30 may expose $TRUMP to further downside. Traders should keep an eye on these levels to gauge the next move.

Solaxy ($SOLX): Solana’s Scaling Solution

While $TRUMP makes headlines with its bullish breakout, another Solana-based project is gaining significant traction: Solaxy ($SOLX) —the network’s first Layer 2 scaling solution aimed at tackling congestion and high transaction costs.

Solaxy ($SOLX) has now raised over $21 million in its presale, drawing interest from more than 68,000 followers on X .

As Solana’s user base grows, demand for more efficient, scalable infrastructure continues to rise. Solaxy promises faster transactions, enhanced interoperability with Ethereum, and seamless cross-chain communication.

Solaxy ( $SOLX ) has raised over $21 million in its presale, with 5.9 billion tokens staked and staking rewards of 195% annually. With the price now at $0.001636 and a price hike imminent, the window for entry is closing fast.