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Trump’s official price fell 6% over the past 24 hours to trade at $5.56 as of 4:10 a.m. EST, following a 48% increase in trading volume to $469.9 million.
The TRUMP price drop comes as Newsmax revealed plans to create a crypto trove including the US president’s official coin and Bitcoin.
Newsmax Board Approves Up to $5 Million in Bitcoin, Trump Coin Purchases; Plans to add official Trump coin to strategic cryptocurrency reserve $NMAX $BTC pic.twitter.com/qHB8z51B4G
– Treasury Edge (@TreasuryEdge) October 16, 2025
Newsmax plans to invest up to $5 million in crypto over the next year, making it the first New York Stock Exchange-listed company to hold Trump official on its balance sheet.
CEO Christopher Ruddy said Trump Coin’s value should “follow the success of the Trump presidency,” calling its performance so far “impressive.”
Trump’s pro-crypto policies have boosted the industry. He said he would be “president of crypto” and he announced a series of policies that boosted investor sentiment toward digital assets.
On-chain signals
For TRUMP, on-chain signals show some increase in address activity, but overall trading remains mixed. Large holders appear to be moving their coins to cold storage, a sign of long-term faith.
The price of Trump coins, however, remains very sensitive to news flow and profit-taking, causing sharp movements both up and down.
Newsmax said future crypto purchases will depend on market dynamics and strategic goals, meaning sudden price changes or major economic events could alter their purchasing pattern.
The circulating supply of TRUMP coins has reached over 200 million tokens, and with Newsmax entering the treasury, further institutional purchases could establish a stable floor under the price if market sentiment improves.
Trump’s official price prediction
The TRUMPUSDT daily chart tells a cautious story. The coin broke out of a strong bearish channel in April, only to fall into a new “consolidation zone” near $8. The resistance level lies higher at $20, marked by several unsuccessful mid-year breakout attempts.
Since then, the price has formed a “sloping curve”, suggesting that sellers are in control, but the worst of the decline could be the downturn.
TRUMUSDT analysis source: Tradingview
The price of Trump coins has consolidated in the area of 8-12 dollars. The lowest support is at $1.75.
The RSI (Relative Strength Index) is at 34.33, with the yellow curve at 37.65, showing that TRUMP is near oversold levels. This suggests some buying potential if new catalysts emerge or institutional demand accelerates. However, momentum is weak and traders are waiting for confirmation before jumping in.
If TRUMP fails to rebound near $8, it could test lower supports, with $1.75 as the last line for buyers. A sustained move above the consolidation zone could attempt to reclaim higher resistance.
If TRUMP coin can hold above $8 and attract more large buyers, a rebound towards $20 is possible. But if the selling continues and support fails, a deeper drop toward $1.75 could tempt long-term accumulators looking for cheap entries.
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