Trump's Digital Cash: A Wild Ride in the Crypto World

The cryptocurrency world is buzzing with the recent surge of the Official Trump coin. In just one week, its value shot up by over 35%. This spike happened after it broke through a long-term downward trend line. But what's driving this sudden interest? It turns out, the Trump Organization has been making big bucks from cryptocurrency. A recent report revealed that they raked in a whopping $802 million from crypto ventures in just the first half of 2025. That's a massive jump compared to the $62 million they made from their traditional businesses. Most of this crypto cash came from a company called World Liberty Financial, which is linked to Trump and deals in digital assets. The Trump family made about $463 million from selling tokens and another $336 million from the Official Trump meme coin project. This shows that Trump's financial ties to the digital world are growing stronger, which is making investors more interested in the token that carries his name. Looking at the charts, the Trump coin has shown a strong technical breakout. It has moved past a downward trend line that had been holding it back since April. The coin has also reclaimed some important average prices, which is a good sign for investors. The next big challenge is to break through the 200-day average price of around $9. 82. If it does, the coin could be headed for even higher values, possibly between $11. 50 and $12. 00.The Supertrend indicator, which shows momentum, has also turned positive. This means the coin is gaining strength. For now, support is around $7. 00 to $7. 20, with a stronger support level at $6. 60. If the coin falls below this, it could lose its upward momentum and drop to around $5. 80. This surge in the Trump coin isn't happening in isolation. It's part of a broader market rally driven by optimism about a potential U. S. –China trade deal. President Trump recently said that a trade agreement is expected soon. This news has boosted not just the Trump coin but also other digital assets. Investors see these tokens as a way to gauge the administration's economic stance and trade positioning. With retail investors pouring in more money, the volume on exchanges has also increased. This shows that more people are getting interested in the Trump coin and other similar tokens. It's a wild ride, and it's clear that the world of cryptocurrency is closely tied to political and economic events.