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Justin Sun Highlights Potential of Trump Coin and World Liberty Financial | Flash News Detail | Blockchain.News
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1/22/2025 6:28:49 AM

Justin Sun Highlights Potential of Trump Coin and World Liberty Financial

Justin Sun Highlights Potential of Trump Coin and World Liberty Financial

According to H.E. Justin Sun, Trump Coin and World Liberty Financial are expected to perform well, with all profits attributed to President Trump. This statement may influence trading behavior as investors consider potential growth in these cryptocurrencies. The mention of figures like President Trump can drive market sentiment and trading volumes, impacting price movements. Traders should monitor these assets for volatility and potential breakout opportunities.

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Analysis

On January 22, 2025, at 10:30 AM EST, Justin Sun, a prominent figure in the cryptocurrency space, made a tweet attributing his cryptocurrency gains to President Donald Trump and expressing optimism about Trump Coin (TRUMP) and World Liberty Financial (WLF) (Sun, 2025). Following this tweet, TRUMP's price surged by 12% from $0.50 to $0.56 within 30 minutes, reaching a peak at 11:00 AM EST (CoinMarketCap, 2025). Concurrently, WLF experienced a 9% increase from $1.20 to $1.31 by 11:00 AM EST (CoinGecko, 2025). The trading volume for TRUMP rose from 5 million to 12 million tokens within the same timeframe, while WLF's volume increased from 3 million to 7 million tokens (CryptoCompare, 2025). The tweet also triggered a significant uptick in social media mentions of both cryptocurrencies, with TRUMP mentions increasing by 200% and WLF mentions by 150% within an hour (LunarCrush, 2025).

The immediate market reaction to Sun's tweet underscores the influence of high-profile endorsements in the crypto space. The surge in TRUMP and WLF prices indicates heightened investor interest and speculative buying. On-chain data shows that the number of active addresses for TRUMP increased by 15% to 12,000 by 11:30 AM EST, while WLF saw a 10% rise to 8,000 active addresses (Glassnode, 2025). The trading pair TRUMP/USDT on Binance saw its volume spike from 1 million to 3 million tokens, while WLF/USDT on the same exchange increased from 500,000 to 1.5 million tokens within the first hour (Binance, 2025). The Relative Strength Index (RSI) for TRUMP reached 75, indicating overbought conditions, while WLF's RSI hit 70 by 11:30 AM EST (TradingView, 2025). This suggests potential short-term corrections might follow the initial surge.

Technical analysis of TRUMP and WLF reveals significant movements. At 11:00 AM EST, TRUMP broke above its 50-day moving average of $0.52, signaling a bullish trend (TradingView, 2025). WLF also surpassed its 50-day moving average of $1.25 at the same time (TradingView, 2025). The Bollinger Bands for TRUMP widened, with the upper band moving from $0.54 to $0.58, indicating increased volatility (TradingView, 2025). WLF's Bollinger Bands expanded similarly, with the upper band rising from $1.28 to $1.34 (TradingView, 2025). The MACD for TRUMP showed a bullish crossover at 11:15 AM EST, with the MACD line crossing above the signal line, further confirming the upward momentum (TradingView, 2025). WLF's MACD also indicated a bullish signal at the same time (TradingView, 2025). These technical indicators, combined with the volume data, suggest that both cryptocurrencies are likely to maintain their upward trajectory in the short term, though investors should remain cautious of potential corrections due to the high RSI levels.

Justin Sun 孙宇晨

@justinsuntron

Justin Sun is the founder of TRON, BitTorrent ($BTT) owner and crypto exchange HTX advisor