Trump denies creating TRUMP token as price drops 5%

Trump denies creating TRUMP token as price drops 5%

主要洞察

  • TRUMP Coin fell after Trump denied managing or monitoring the token.
  • Price remained below three Fibonacci resistance levels after August’s rebound.
  • Futures turnover exceeded spot volume, reflecting heavy leveraged activity.

U.S. President 唐纳德·特朗普 distanced himself from TRUMP Coin during remarks on Sept. 4. He stated that he neither operated nor followed the token. His comments coincided with a price decline as traders reassessed resistance levels following an August rebound.

When asked about the token, Trump confirmed he did not run it and maintained no direct focus on it, though he noted someone told him it was selling well. These remarks clarified his personal operational stance while leaving the project’s documented licensing and affiliated ownership structure intact.

TRUMP traded lower throughout the session, though the drop cannot be attributed solely to Trump’s statements. Token transfers to exchanges, prevailing market conditions, and heavy derivatives activity also influenced the trading environment.

TRUMP Coin Price Falls After Trump’s Remarks

Data from CoinMarketCap placed the token at $2.26, marking a 5.61% decrease over 24 hours and ranking it 74th among listed crypto assets. This downturn followed a volatile August recovery from lows near $1.36.

trump coin rice char. Source: CoinMarketCap

TradingView’s 1-day price chart recorded an opening of $2.3878 on Sept. 4. The asset reached a high of $2.45, dipped to $2.10, and closed near $2.2692, logging a 5.05% loss that confirmed sellers maintained control of the daily close.

CoinGecko independently priced the asset near $2.27, reporting a 5.40% daily decline and a 12.40% loss over the week. CoinGecko also documented roughly $339.9 million in turnover and a market capitalization of $594.2 million.

Minor discrepancies between the pricing datasets stemmed from different exchange coverage and update intervals used by each provider. Regardless, both platforms indicated that the meme coin weakened following its recent recovery without establishing Trump’s comments as the direct catalyst.

TRUMP Coin Faces Resistance Above $2.52

The provided TradingView chart outlined Fibonacci resistance levels at $2.5257, $2.8042, and $3.1454. The price stayed below all three thresholds after failing to sustain its intraday advance, with the closest marked support situated near $1.8601 based on the 78.6% retracement.

Trump token price chart. Source: TradingView

Overall market structure on the daily chart remained weak. After falling from peaks exceeding $9 in late 2025 and dropping to a low around $1.36, the token experienced a recovery toward $3.00 in August.

That rebound ultimately stalled below the chart’s $3.6969 reference high. The price subsequently slipped back beneath the 61.8% retracement level of $2.2527 during the session. While a sustained close above $2.5257 could strengthen the short-term structure, continued weakness risks testing lower support levels.

These figures reflect technical chart conditions rather than guaranteed targets, as thin liquidity and high leverage can drive prices beyond marked zones. Traders should look for closing confirmation before relying on any Fibonacci level as reliable support or resistance.

Derivatives Show High Leveraged Activity

CoinGlass metrics revealed roughly $203.4 million in open futures positions, alongside approximately $711 million in 24-hour futures volume. Meanwhile, spot turnover hovered near $145.6 million.

Because futures volume exceeded spot volume by nearly five times, the data pointed to significant leveraged trading, though it lacked a clear directional bias. Open interest additionally accounted for about one-third of the token’s stated market capitalization.

CoinGlass compiles perpetual and delivery contracts from multiple exchanges, meaning figures fluctuate quickly as participants open, close, or liquidate positions. Investors are advised to evaluate open interest alongside funding rates and liquidations prior to making directional assumptions.

According to DefiLlama supply-side statistics, 261.88 million tokens were in circulation out of a one-billion maximum supply. The dashboard indicated that insiders held 72.2% of the current allocation.

Official Disclosures Complicate Trump’s Denial

During the exchange captured on video and published by Asia One News on Sept. 4, Trump remarked, “I don’t run it,” added that he did not focus on it, and mentioned that someone informed him it “sells very well.”

Project documents identified CIC Digital LLC and Fight Fight Fight LLC as major holders, jointly owning 80% of the allocated tokens under a three-year vesting schedule. CIC Digital operates as an affiliate of the Trump Organization.

Official terms specify that Fight Fight Fight, CIC Digital, or related entities may liquidate their stakes through preannounced strategies or independent custodians, while also acknowledging potential conflicts of interest between affiliated holders and retail token purchasers.

The project’s privacy disclosures note that Celebration Cards licensed Trump’s name, image, and likeness, confirming that Trump and his organization did not directly distribute or sell the asset. These terms draw a clear line between personal management and licensed branding arrangements.

Traders currently look to $2.5257 as the primary closing resistance and $1.8601 as immediate support. The next scheduled milestone for the project is the Sept. 30 Coin Club snapshot, with official guidelines stating that holdings will dictate leaderboard positions for an upcoming October event.

本文仅供信息参考,不构成任何财务建议。加密货币市场可能会经历剧烈的价格波动。

常见问题

  • Did 唐纳德·特朗普 say he runs TRUMP Coin?
    No, on Sept. 4, Trump distanced himself from the token, stating that he does not operate or follow it.
  • What was the price performance of TRUMP Coin following the remarks?
    The token dropped roughly 5% to 5.6% during the session, trading near $2.26.
  • What are the key resistance and support levels for TRUMP?
    Fibonacci resistance sits near $2.5257, $2.8042, and $3.1454, while marked support rests around $1.8601.
  • Who holds the majority of the token supply?
    Project documents show that insiders, including affiliated entities like CIC Digital LLC and Fight Fight Fight LLC, hold a significant majority of the allocation.
本文不构成投资建议 此处发布的分析仅供参考。数字资产具有波动性,您可能会损失仓位的全部价值。在采取行动前,请自行做好调研。

Glory Kaburu

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