TrumpCoin price surges 68% after Martin Shkreli claims Barron Trump created the DJT token, while this native meme coin ICO goes parabolic.

TrumpCoin price has disappeared ballistic It has surged 68% in the past 24 hours, trading at $0.01815 as of 7:45 a.m. EST, as investors rush to buy the political meme coin.

This surge in DJT price comes after Martin Shkreli, also known as “Pharma Bro”. said It is said that he helped former U.S. President Donald Trump’s 18-year-old son, Barron. eraseGet started with TrumpCoin.

🚨🇺🇸 MARTIN SHKRELI: CAMERON IS FRIENDS WITH BARRON.

“I said, ‘Listen. Barron needs to be bold here and not be afraid of some lawyers.

Just take this, acknowledge it’s his and move on.’

The surprising thing that no one noticed is that Zach XBT is saying… https://t.co/pMFJf3Cdhn pic.twitter.com/z08xympBV4

— Mario Nawfal (@MarioNawfal) June 19, 2024

Shkreli said in X on June 19: post He added that he ‘taught’ someone how to write a contract and ‘they pushed the buttons’, not him.

teaAccording to Shkreli, the key to smart contracts is “the deal with Trump.”

Shkreli was convicted of securities fraud and conspiracy in 2017, sentenced to seven years in prison and ordered to pay a fine of more than $70 million.

TrumpCoin Price Challenges Major Resistance

DJT/USD 4-hour chart (Source: gecko terminal)

that much Trump Coin The price rebounded from the $0.00844 support level in the last 24 hours, pushing the meme coin in a positive direction. After rebounding from a significant price range, DJT formed a rising price channel with successive highs and lows on the 4-hour chart.

If this bullish momentum continues, TrumpCoin price may soon turn the $0.01789 barrier into support. A 4-hour candle closer to this threshold could give the cryptocurrency the technical foundation it needs to continue rising in the near term. Traders can then take a long position on DJT, which could push the price up to $0.02583.

On the other hand, if TrumpCoin price is rejected by $0.01789 resistance in the next 12 hours, the bullish argument could be invalidated. If DJT has trouble gaining a position beyond these technical barriers, holders may start selling their altcoin holdings in a panic.

This potential selling pressure puts the TrumpCoin price at risk of a correction towards the aforementioned $0.00844 support. If weakness continues to put pressure on the meme coin price, DJT may fall as low as $0.00410 in the near term.

Potential Breakout of Cards for TrumpCoin Price

Traders and investors will want to pay attention to the symmetrical triangle formed on DJT’s 4-hour chart. This particular chart pattern suggests that TrumpCoin price could see a strong move soon. The pattern alone can’t tell you which direction this big move will head, but DJT’s price relative to the pattern can be a clue.

In the last four hours, TrumpCoin price was able to break the upper limit of the symmetrical triangle pattern. This could mean that DJT is about to explode on the upside. However, there is still time for the bears to push the price of the meme coin lower as it attempts to overcome $0.01789.

Confirmation of a potential price surge could be if TrumpCoin price closes a 4-hour candle above $0.01789 within the next 12 hours. Conversely, if the meme coin fails to break this point within the next 12 hours, the price may plummet to $0.00844.

While traders wait to see which direction the TrumpCoin price will go, the pre-sale is Dog’s Base (DAWGZ) As we raced towards $2 million, we drew a parabolic curve.

I’m trying to become the next Base Meme Coin King.

Base Dawgz (DAWGZ) is on a mission to become the next meme coin king within the Base ecosystem. Unlike its predecessors, which have little utility, DAWGZ allows holders to transfer value seamlessly across multiple networks.

Investors can convert value on some of the most liquid and active networks, including Ethereum, BNB Chain, Avalanche, and Solana. To achieve this, the project leverages Wormhole’s advanced cross-chain technology.

Due to its high level of utility and attractiveness to meme coin investors, it is no wonder analysts are optimistic about the cryptocurrency.

Popular YouTuber Jacob Bury shared his positive outlook on DAWGZ with his 40,000 subscribers. He even confidently predicted that DAWGZ could explode 100 times.

Encouraging community involvement

Base Dawgz has raised over $1.8 million through ICO to date. This comes after investors spent $200,000 in pre-sale for the project on the first day of its launch.

An airdrop campaign for DAWGZ is currently underway. To be eligible, community members must create and share online marketing content related to the meme coin. Creators will be rewarded with points that can be exchanged for tokens.

DAWGZ also allows anyone to create a custom referral link, and for every sale generated through this link, we reward the referrer up to 10% of the purchase amount.

Buy DAWGZ tokens on the official website here. Each is $0.00527.

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