• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

TRUMP Crypto Still The Play? Can Memecoins Still Run During Iran War?

March 23, 2026
in Crypto News
Reading Time: 3min read
0 0
A A
0
TRUMP Crypto Still The Play? Can Memecoins Still Run During Iran War?
0
SHARES
3
VIEWS
ShareShareShareShareShare

The Official TRUMP crypto price is currently trading at $3.26, a 2.5% gain today, as the asset struggles to find a floor. This price action follows a dramatic reversal where the token surrendered nearly the entirety of a 49.65% rally that peaked on March 13, leaving bulls trapped at higher levels.

The token now sits precariously 20% above its all-time low of $2.73. On-chain data is painting a specifically bearish picture; exchange balance metrics from Glassnode indicate that sellers remain firmly in control of the order book. During the mid-March volatility, balances on exchanges surged from 15 million to approximately 41 million, suggesting a rush to liquidate that has yet to fully abate.

While political headlines often drive sentiment in this sector, the technical reality points to exhausted demand. The market appears to be pricing in further downside risk unless a significant catalyst emerges to absorb the excess supply, especially after Iran denies any talk with the U.S.

BREAKING: Trump said this morning that US and Iran had "productive discussions" to end war

However, Iran completely denies these claims.

— Kalshi (@Kalshi) March 23, 2026

Can TRUMP Crypto Hold the $2.60 Floor Amidst Sell Pressure?

The immediate technical structure for TRUMP is defined by a massive supply overhang. The spike of roughly 26 million tokens deposited to exchanges near the $4.00 mark represents approximately $104 million in sell-side positioning at the peak. While balances have since stabilized near 18.5 million, this level remains elevated compared to March lows.

Is the bottom in? The Chaikin Money Flow (CMF) offers a conflicting narrative. The indicator fell to -0.26 in early March before recovering to near zero by March 13, coinciding with the rally. However, the subsequent price collapse suggests that this recovery was a “dead cat bounce” rather than a genuine accumulation.

TRUMP USD, GeckoTerminal

Conversely, a reclamation of the $3.50 level on high volume would be required to invalidate the current bearish thesis. Until then, the stabilized but elevated exchange balances act as a latent threat, ready to cap any relief rallies.

Discover: The Best New Crypto

Bitcoin Hyper Targets Infrastructure Utility as PolitiFi Tokens Stumble

While political finance (PolitiFi) tokens like TRUMP struggle with sell-the-news price action, smart money appears to be rotating into infrastructure plays that offer utility beyond speculation. The current capital flight from volatile meme-based assets is finding a home in Bitcoin Hyper ($HYPER), a project attempting to solve Bitcoin’s scalability trilemma.

Bitcoin Hyper distinguishes itself as the first-ever Bitcoin Layer 2 to integrate the Solana Virtual Machine (SVM). This architecture aims to deliver settlement speeds faster than Solana itself while anchoring security to the Bitcoin network.

The market response has been quantitatively significant; the project has raised more than $32 million in its presale phase, defying broader market consolidation. Currently priced at $0.013, $HYPER offers a high 36% APY staking program that incentivizes long-term holding, a stark contrast to the rapid turnover seen in political tokens.

While presales carry inherent vesting risks, the $32 million raise suggests strong institutional interest in bringing programmable smart contracts to the Bitcoin ecosystem. For traders fatigued by TRUMP’s volatility, this represents a fundamental hedge.

Research Bitcoin Hyper Presale Here

The post TRUMP Crypto Still The Play? Can Memecoins Still Run During Iran War? appeared first on Cryptonews.


Credit: Source link

ShareTweetSendPinShare
Previous Post

Bitcoin Miner Selling Pressure Drops To Near Three-Year Low

Next Post

Gold Price Free-Falling: The Golden Standard is Being Tested

Next Post
Bitcoin Price Prediction: Florida’s Crypto Bill and $198B U.S. Surplus Boost Market Outlook

Gold Price Free-Falling: The Golden Standard is Being Tested

You might also like

Crypto “Clarity Act” Faces Mounting Political Roadblocks in Washington

Crypto “Clarity Act” Faces Mounting Political Roadblocks in Washington

April 23, 2026
Ronin Shifts to Ethereum Layer-2 in Major Overhaul, Slashing Inflation and Boosting Treasury

Ronin Shifts to Ethereum Layer-2 in Major Overhaul, Slashing Inflation and Boosting Treasury

April 23, 2026
Bipartisan PACE Act Introduced To Expand Crypto Firms’ Access To Fed Payment Services

Bipartisan PACE Act Introduced To Expand Crypto Firms’ Access To Fed Payment Services

April 21, 2026
Bitcoin Price Eyes Fresh Upside, Traders Watch For Breakout Move

Bitcoin Price Eyes Fresh Upside, Traders Watch For Breakout Move

April 21, 2026
VeChain Foundation Releases Q1 2024 Treasury Report

Evan Tangeman Gets 70 Months for $263M Crypto Theft Role

April 25, 2026
Aave Hit by $15B Outflows as Kelp DAO Exploit Sparks DeFi Liquidity Shock

Aave Hit by $15B Outflows as Kelp DAO Exploit Sparks DeFi Liquidity Shock

April 23, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Is Bitcoin Becoming A Strategic Military Asset? US Admiral Hints At Deeper Role

Is Bitcoin Becoming A Strategic Military Asset? US Admiral Hints At Deeper Role

April 27, 2026
Analyst Reveals The Best Time To Buy BTC

Analyst Reveals The Best Time To Buy BTC

April 27, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.