The OFFICIAL TRUMP (TRUMP) token is showing signs of resilience today, despite a weekly dip. The token is currently up 4% on the day, experiencing a notable surge from $9.80 to $10.20.
This positive movement coincides with major news about a Trump-linked Bitcoin ETF, the ongoing feud between Donald Trump and Elon Musk, and the $TRUMP Wallet legal battle.
Crypto Market Bounces Back Amid Trump-Musk Feud and Truth Social ETF Approval
A new Bitcoin ETF connected to Donald Trump’s Truth Social platform is now seeking SEC approval, adding momentum to the growing interest in the $TRUMP token.
On June 3, NYSE Arca submitted the filing on behalf of Yorkville America Digital, a crypto asset manager partnered with Trump Media & Technology Group, the owner of Truth Social.
Donald Trump, who holds majority ownership of Trump Media, moved his shares into a trust controlled by his son, Donald Trump Jr., before returning to the White House. The proposed ETF plans to list on the NYSE Arca and follow Bitcoin’s price.
While the management fees and ticker remain undisclosed, the filing names Foris DAX Trust Company—Crypto.com’s custodian—as the intended custodian. This move could benefit both the $TRUMP token and the wider crypto market.
Source – 99Bitcoins YouTube Channel
The crypto community continues to follow the feud between Donald Trump and Elon Musk. Although the tension has cooled for now, reports say Trump still refuses to reconcile with Musk. The rivalry remains a hot topic across online discussions.
Meanwhile, the crypto market is having a good day. Meme coins are up 1%, and the broader market has gained 1.54%. Bitcoin has bounced back to $105, recovering from yesterday’s drop and holding the second spot in trends.
The Fear and Greed Index has risen to “neutral” at 55, giving traders hope that “greed” will return soon. Bitcoin still dominates the market, but many believe this momentum could soon shift to altcoins, possibly signaling the start of altcoin season.
OFFICIAL TRUMP Price Prediction
The current market paints a complicated picture for $TRUMP’s price. Some holders are actively selling their tokens to support Elon Musk, while others urge him to launch a rival coin.
Despite the division, $TRUMP keeps gaining ground. A return to this week’s earlier price of $12 looks likely, and some bold predictions even put it at $15. However, forecasts of $100 or $125 per token lack the momentum needed to feel realistic right now.
Adding more drama, World Liberty Financial—a company partly owned by Donald Trump’s son—sent a cease-and-desist letter to Fight Fight Fight, the team behind a well-known Trump-themed meme coin.
This legal move came after Fight Fight Fight announced the “$TRUMP Wallet,” a new product meant to store and trade the $TRUMP token and other digital assets.
Confusion followed when a post on the OFFICIAL TRUMP X page claimed the Trump organization had “zero involvement” with the wallet and that Donald Trump Jr. and Eric Trump knew nothing about it.
However, breaking news quickly followed with a post from Eric Trump himself: “I’m proud to announce the Trump meme coin has aligned with World Liberty Financial although their meme wallet isn’t moving forward, they remain focused on building the most exciting meme on Earth – $TRUMP.
Moreover, we are proud to announce that World Liberty Financial plans to acquire substantial position in $TRUMP for their long-term treasury. We share the bigger vision for crypto, patriotism, and long-term success stay tuned for more.”
This announcement could be fueling today’s $TRUMP price surge, as the plan to acquire a major token stake may drive up demand and confidence.
Solaxy (SOLX): Next 100x Solana Meme Coin to Watch in 2025
Solaxy aims to fix key issues in the Solana network, like slow transactions, limited scalability, and occasional outages. These problems have become more obvious over the past year, showing that Solana needs a reliable Layer 2 upgrade.
According to the Solaxy whitepaper, the project boosts performance by powering faster dApps, enabling multi-chain access, and offering better scaling tools. That’s why interest in Solaxy keeps growing. Its Layer 2 helps reduce traffic and opens the door for new growth on Solana.
The team recently launched the testnet, letting users bridge $SOL to the new chain, view activity with the Solaxy Explorer, and deploy smart contracts. More tools are on the way, including Solaxy DEX and Igniter Protocol—a meme coin launchpad similar to Pump.fun.
Source – Solaxy Twitter
Solaxy (SOLX) has entered the final 8 days of its presale, raising over $45 million. At $0.001748 per token, this is the last chance to buy before expected exchange listings later this year.
You can buy $SOLX from the official Solaxy presale site using ETH, USDT, BNB, or bank cards. It’s also available through the Best Wallet app on Google Play and the App Store.
Solaxy rewards holders who stake their tokens long-term. They can earn up to 89% yearly. Almost 13 billion $SOLX tokens are already staked. Early stakers get bigger rewards because payouts drop as more people join. This encourages quick participation and rewards early buyers.
Solaxy also plans to list on major exchanges soon, which could increase both liquidity and awareness for the token.
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