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The OFFICIAL TRUMP price has dropped 4% in the last 24 hours to trade at $9.71 as of 3:59 a.m. EST on a 72% surge in daily trading volume to $353 million.
The TRUMP price drop happened despite breaking news that the Trump Organization is launching a phone service called “Trump Mobile” and a smartphone named “T1” in a bid to challenge existing service providers and boost American manufacturing.
A New Way to wireless is here! Join Trump Mobile today and get more from your wireless service. pic.twitter.com/Xxe3cOyDst
— Trump Mobile (@TrumpMobile) June 16, 2025
The smartphone is reportedly made in the United States, with American tech support, and costs only $499 with a $47.45 monthly plan.
According to an official post on X, the Trump Mobile service will offer “fast 5G, unlimited service, and America-first support.” The TRUMP price refused to budge even after the huge announcement. What’s next for the Official Trump token price?
OFFICIAL TRUMP Price Finds Support – Is The Correction Over?
The TRUMP/USDT chart shows the meme coin’s price action trading below the green 50-day Simple Moving Average (SMA), which is also trending downward, signaling a bearish tone as it hovers around the $11-$12 range.
The latest drop saw a massive volume spike, indicating panic selling or a big player cashing out.
The Relative Strength Index (RSI) sits at 36.53, creeping into oversold territory, which might hint at a potential bounce if the bulls step up. Meanwhile, the Moving Average Convergence Divergence (MACD) is flatlining, showing no momentum either way.
This signals peak indecision right now, with traders not sure if the TRUMP price will bounce back or will continue going down.
TRUMPUSDT Analysis Source: Tradingview
Market Shrugs Off Trump Mobile News – Where Is TRUMP Price Headed?
Recent TRUMP price action suggests the market’s shrugging the news of Trump Mobile off, with a support level tested around $9.355 (78.60% Fibonacci retracement level) and several resistance levels looming at $10, $13, and $16.
The blue-shaded zones on the chart show where the action has been, but the recent crash past $10.87 shows the hype didn’t hold.
Looking ahead, the short-term outlook is not looking too bullish. If the TRUMP price fails to hold above the $9.55 support, there might be a slide to $7.418, a 23% drop from here.
On the flip side, a breakout above $10.87 (0.618 Fib level) with solid volume could signal a reversal, potentially pushing TRUMP toward the $14-$16 zone, which marks a 57% surge from the current level.
For now, investors should watch those support levels keenly as the chart is signaling caution. With no clear catalyst, the OFFICIAL TRUMP price may follow a sideways grind or dip further.
Solaxy (SOLX) Presale Hits $53.8 Million – Only 6 Days To Launch
As the OFFICIAL TRUMP price traders battle with uncertainty, smart investors are rushing to enter Solaxy (SOLX), a new layer-2 (L2) project for Solana that just smashed past $53.8 million in its presale.
The formal presale wrapped up a few hours ago, but the team is giving everyone a last chance to buy until the token claim date on Monday, June 23, at 2 p.m. UTC, before it hits major exchanges and the price soars.
Solaxy was purposely created to help Solana scale, especially during peak times, like meme coin crazes, when high traffic causes delays or even failed transactions. Solaxy achieves this using rollup technology to process transactions off-chain, bundle them up, and send them to Solana’s mainnet for final verification.
In 7 days, $SOLX goes live.
This is your last chance.https://t.co/22aK0SnRLD pic.twitter.com/cfw0d7ihHW
— SOLAXY (@SOLAXYTOKEN) June 16, 2025
The L2 network has had some real progress as the team has already rolled out a testnet, a block explorer, and a bridge linking Solana to Ethereum, opening doors for developers to blend the best of both worlds.
Moreover, they’ve launched the Igniter Protocol, a no-code launchpad letting SOLX holders create and trade their own tokens on an upcoming decentralized exchange (DEX). On June 16, they burned 35 billion tokens (~ $62 million), making SOLX scarcer and bumping up its value potential.
Popular YouTube channel 99Bitcoins, with over 723k subscribers, predicts SOLX could skyrocket 10X after launch.
Early buyers can also stake tokens for a 78% APY, though that rate dips as more join.
You can still grab SOLX for $0.001766 using ETH, USDT, BNB, or a bank card on Solaxy’s website. With just 6 days left, the clock’s ticking.
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