Trump Meme Coin Expands to Tron with USD1 Stablecoin – Can This Push TRUMP Above $12?

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The official Trump meme coin has expanded to the Tron network, alongside the launch of USD1 stablecoin trading pairs, marking a significant strategic move as the token struggles to maintain momentum following systematic sell-offs by project insiders.

Tron founder Justin Sun announced the integration while launching three initial trading pairs, including USDT/USD1, TRX/USD1, and NFT/USD1 on the sun.io platform.

TRUMP currently trades at $8.61, down 85% from its all-time high of $73 reached within 48 hours of its January 17, 2025, launch.

Trump Meme Coin Expands to Tron with USD1 Stablecoin - Can This Push TRUMP Above $12?
Source: Cryptonews

The token faces mounting pressure from coordinated team-controlled liquidations and an imminent $520 million token unlock scheduled for July 18, which could represent a potential 20% increase in circulating supply.

World Liberty Financial, the Trump-affiliated blockchain initiative, has integrated USD1 as the centerpiece of its expanding DeFi ecosystem.

The BitGo-issued stablecoin maintains full reserve backing with U.S. Treasuries, dollar deposits, and cash equivalents. This provides institutional-grade security and compliance frameworks for Trump’s crypto ventures.

Forbes estimates Trump has generated $1 billion from his crypto ventures in nine months, including $390 million from World Liberty Financial token sales, $315 million from the TRUMP meme coin, and $60 million worth of USD1 holdings.

The financial success comes amid mounting scrutiny over potential conflicts of interest and concerns about foreign influence.

Systematic Team Liquidations Undermine Token Performance

On-chain analysis reveals sophisticated dumping patterns by project insiders, with the latest $1 million sell-off executed through fresh wallet addresses and immediate USDC conversion.

Eight days prior, 744,971 TRUMP tokens, worth $8 million, were transferred from the Meteora Vault Authority through a Squads multisig wallet controlled by the official team.

The selling pattern began in April with a $4.6 million withdrawal to Coinbase Prime accounts, escalating to $47 million in transfers to major exchanges, including Binance, Coinbase, OKX, and Bybit by June.

A single incident on April 29 saw $20 million worth of tokens offloaded across multiple platforms.

The original transfer wallet retains 645,072.16 TRUMP tokens valued at $7.07 million, indicating additional selling pressure remains imminent ahead of the July 18 unlock event.

With only 26.48% of tokens currently in circulation, the unlock represents a significant dilution risk for existing holders.

Political controversy surrounds the project as Senator Elizabeth Warren criticized the GENIUS Act’s potential to “accelerate Trump’s corruption by supercharging the stablecoin market.”

Moreover, California Democrat Brad Sherman alleged that TikTok’s Chinese owners planned to purchase $300 million in Trump coins, a claim the platform called “patently false and irresponsible.”

Trump hosted the top 220 TRUMP investors at his golf club near Washington, D.C., on May 22, with Justin Sun in attendance as the largest holder, holding $18 million worth of tokens.

Sun’s total investment in Trump crypto ventures reaches $93 million, including $75 million in World Liberty Financial.

Technical Analysis Points to Continued Pressure

TRUMP trades within a descending channel structure marked by blue trendlines on the daily chart, with the asset below the 9-day SMA at $8.75 since May.

The transformation of previous support around $10.63 into resistance creates a critical psychological barrier containing recent rallies.

Trump Meme Coin Expands to Tron with USD1 Stablecoin - Can This Push TRUMP Above $12?
Source: TradingView

Multiple projection scenarios exist, with green arrows indicating potential targets at $11.92 and $14.68.

However, these bullish outcomes depend on reclaiming the $10.63 resistance level and breaking above the descending channel. RSI at 36.84 indicates oversold conditions without reaching extreme levels.

The fundamental backdrop presents mixed signals as USD1 stablecoin integration shows muted adoption despite the $2 billion Abu Dhabi MGX investment and Tron network expansion.

Concentration risk persists, with over half of USD1’s liquidity controlled by just three wallets.

The token’s failure to gain traction on major exchanges, such as Binance, creates additional headwinds that limit sustained upward momentum.

The current technical structure suggests continued consolidation or potential downside toward the $7.50 – $8.00 support level unless Tron’s expansion significantly improves adoption metrics.

Based on current technical patterns and fundamental challenges, TRUMP appears positioned for continued pressure toward $7.50 – $8.00 support levels, with any recovery requiring a decisive break above $10.63 resistance to target the $11-13 zone before challenging the ambitious $14.68 projection.

The post Trump Meme Coin Expands to Tron with USD1 Stablecoin – Can This Push TRUMP Above $12? appeared first on Cryptonews.

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