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The Super Trump Coin price surged over 12% in the last 24 hours to trade at $0.006074 as of 7:27 a.m. EST as investors go long on the political meme coin.
This uptick in the STRUMP price comes after the former US president and Republican candidate Donald Trump purchased burgers with Bitcoin during a campaign stop in New York City.
One of the most historic transactions in #bitcoin history was just made.
President @realDonaldTrump buying burgers at @PubKey_NYC with @tpacchia.
Block height: 861871
You saw it here first. pic.twitter.com/moHUIKDxej
— PUBKEY (@PubKey_NYC) September 18, 2024
Trump recently changed his stance towards digital assets, and is now seen as a pro-crypto presidential candidate after dissing Bitcoin as a ”scam” when he was in the White House.
The Super Trump Coin Price Challenging A Major Barrier
4-hour chart for STRUMP/USD (Source: GeckoTerminal)
The Super Trump Coin price is attempting to overcome the resistance level at $0.006118. Should it close a 4-hour candle above this threshold within the next 12 hours, the meme coin could continue its ascent and potentially rise to as high as $0.007383.
However, a rejection from the $0.006118 resistance might prevent the bullish scenario from playing out. Instead, traders could end up offloading their holdings in the meme coin on the market.
The meme coin might fall to the immediate support level at $0.005133 if bears take control of the Super Trump Coin price. Continued sell pressure could then lead to the crypto plunging to the subsequent mark at $0.004437 in the short term.
Technicals Suggest The Super Trump Coin Price Might Keep Climbing
Technical indicators suggest the Super Trump Coin price might keep climbing in the coming 24 hours. More specifically, both the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) indicators are showing bullish signs.
RSI readings have risen throughout the last 24 hours. Although the indicator has pulled back slightly as STRUMP approaches the $0.006118 resistance level, the positive slope of the technical indicator suggests that bulls are still in control. As such, it will be easier for buyers to push the crypto’s price higher in the next 24 hours than it will be for bears to force it down.
STRUMP’s positive trend shows no signs of slowing down either, as the MACD line has risen above the MACD Signal line over the last 24 hours.
If the technical signs presented by the MACD and RSI indicators on STRUMP’s 4-hour chart are validated, the Super Trump Coin price could soon flip the $0.006118 resistance level into support.
STRUMP is not the only meme coin that investors are rushing to buy. Another token by the name of Crypto All-Stars (STARS) is pulling investors in at a rapid pace due in part to its astronomical staking yield.
A Single Platform For Investors To Grow Their Meme Coin Bags Through Staking
Crypto All-Stars (STARS) offers a unified staking solution that allows meme coin lovers to stake a variety of tokens and earn passive rewards through one platform.
The project’s MemeVault already offers support for DOGE, SHIB, PEPECOIN, FLOKI, BRETT, MOG, LADYS, TOSHI, COQ, BONK, and TURBO, with more options scheduled for the coming weeks.
By locking up any of these cryptos, investors will earn the project’s native STARS tokens. The rewards don’t end there, however, as STARS can also be staked for an impressive 1,052% APY.
Crypto All-Stars has excited the popular YouTuber Jacob Crypto Bury, who told his 42K subscribers that STARS could be the next 10X opportunity to hit the meme coin space.
Investors Rush To Buy STARS At Pre-Market Rates
Crypto All-Stars has already raised over $1.43 million through its ongoing presale, as investors bet big on the project’s future at this ground stage. Even a whale has identified the crypto as a good investment, and made a $50K purchase at the start of the month.
There is still time for anyone looking to purchase the crypto to acquire the token. Selling for $0.0014535, STARS can be bought via the easy-to-use widget embedded on the project’s website. Several payment options can be used, including ETH, USDT, BNB, FLOKI, SHIB, PEPE, DOGE or bank card.
Potential investors who want to lock in the best rate will want to act fast because the crypto’s price is scheduled to increase in less than 2 days.
Purchase and stake STARS here for the 1,052% APY before its price increases.
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