TRON founder Justin Sun pledged to buy $100 million worth of TRUMP coin, sparking a fresh rally in the token linked to Donald Trump’s political brand. The announcement came shortly after TRUMP launched on the TRON blockchain on July 7.
Following the pledge, TRUMP coin rose over 5 percent in 24 hours and traded near $9.08. Trading volume also doubled, reaching $322 million. Whale wallets added over $5.3 million in TRUMP despite facing unrealized losses, according to on-chain data.
Justin Sun’s TRUMP Coin Bet Sparks Rally Ahead of Major Token Unlock
Sun confirmed the move in a post on X, calling TRUMP coin “the currency of the MAGA movement.” He said the investment would help grow crypto adoption in political communities. The pledge comes days before TRUMP’s $474 million token unlock, which will mostly go to Trump and early investors.
Justin Sun already holds $12.6 million worth of TRUMP and invested another $75 million in World Liberty Financial, a company connected to the Trump crypto ecosystem. The memecoin has seen heavy insider control, with around 80 percent of its supply linked to Trump-related entities.
The move is part of a broader expansion plan. TRUMP coin initially launched on Solana but is now available on TRON through LayerZero. Sun said the goal is to promote the token globally, especially in Asia and Africa, using TRON’s infrastructure. He also hinted at further backing of political tokens that align with pro-crypto agendas.
TRUMP coin’s price had dropped nearly 90 percent from its all-time high earlier this year. The recent pledge gave the token a strong short-term boost, but analysts remain cautious. Upcoming supply unlocks and limited distribution could lead to increased volatility.
Justin Sun’s involvement adds another layer of controversy. He is currently under legal scrutiny by U.S. regulators, with an SEC case accusing him of fraud still unresolved. The timing of his pledge and the size of the token unlock have raised concerns about market manipulation and insider advantage.
Despite these concerns, Sun’s influence and capital have returned attention to TRUMP coin. With more listings expected and political ties growing stronger, the token’s future may depend as much on headlines as on blockchain use.
TRUMP Exchange Flows Stay Tight Despite Sun’s $100M Pledge
Coinglass data show that TRUMP’s exchange flows have shifted sharply since January. In late January one day of withdrawals exceeded $280 million, draining liquidity and signalling long-term accumulation. Through February several brief inflow spikes briefly refilled order books, yet the predominant trend remained steady outflows, leaving exchanges with fewer coins to trade.
From April onward netflows flattened near zero, pointing to a balance between deposits and withdrawals. After Justin Sun announced his $100 million pledge, the chart records a modest $1.67 million inflow at 03:00 UTC on 9 July. Traders clearly moved some tokens onto exchanges to capture higher prices, yet the limited size of that deposit suggests no broad rush to sell. Consequently, supply on exchanges stays tight, which can amplify future price swings—especially with a large token unlock looming.
TRUMP Forms Bullish Flag, Breakout Targets $9.95
The TRUMP/USDT chart from July 10, 2025, shows a clear bullish flag pattern on the 4-hour timeframe. This pattern appeared after a sharp upward move on July 9, which followed Justin Sun’s $100 million pledge. A bullish flag usually forms after a strong price rise, then shows a short downward-sloping channel, and finally breaks upward again. It signals that the price may continue rising.
In this chart, TRUMP first jumped above the 50-period Exponential Moving Average (EMA), which stands at $8.82. After this move, the price consolidated inside a downward channel. On July 10, TRUMP broke out of that channel with strong volume and climbed over 6 percent. This breakout confirms the bullish flag.
Based on the flag’s height, the expected next move could add another 5 percent. From the current level near $9.48, the target price stands around $9.95. If momentum continues and trading volume stays high, TRUMP may reach that level soon.
TRUMP Balance of Power Turns Positive as Bulls Regain Control
The chart from July 10, 2025, shows that the Balance of Power (BoP) indicator for TRUMP/USDT has moved into positive territory, reaching 0.45. This shift confirms growing bullish strength in the market. The Balance of Power measures the strength of buyers versus sellers during a trading period. When the BoP value stays above zero, it signals that buyers dominate the market.
Throughout June and early July, the BoP line fluctuated around the zero level, showing no clear winner between bulls and bears. However, as of mid-July, the indicator has stabilized above zero, reflecting that buyers now hold momentum.
This change supports the recent price breakout seen on the main chart and strengthens the case for a continued upward move. If the BoP continues to hold near or above 0.45, TRUMP may maintain its bullish trend in the short term.
TRUMP RSI Hits 82, Signals Overbought Momentum After Sharp Rally
The Relative Strength Index (RSI) for TRUMP/USDT has reached 82, moving deep into overbought territory. The RSI is a technical indicator that measures the speed and change of price movements. It ranges from 0 to 100. Values above 70 usually suggest overbought conditions, while values below 30 indicate oversold territory.
This surge in RSI comes after TRUMP broke out of a bullish flag pattern and climbed sharply in the last two days. The yellow line in the chart represents the RSI moving average, currently at 63.77, and it continues to slope upward. That confirms strong momentum in favor of buyers.
Even though RSI above 70 often suggests that a pullback could happen, in strong trends, prices can stay overbought for extended periods. Right now, the rising RSI shows bullish strength is still in play, but traders may start watching closely for signs of exhaustion or consolidation.
