Official Trump drops 6% as Newsmax plans for TRUMP Treasury

The official Trump price plunged 6% over the past 24 hours, trading at $5.56 at 4:10 a.m. EST, while trading volume rose 48% to $469.9 million.

The TRUMP Price Drop Comes as Newsmax revealed plans to build a crypto treasury containing the official meme coin of the US president and Bitcoin.

Newsmax Board Approves Up to $5 Million in Bitcoin and Trump Coin Purchases; Plans to Add Official Trump Coin to Strategic Crypto Reserve $NMAX $BTC pic.twitter.com/qHB8z51B4G

— Treasury Edge (@TreasuryEdge) October 16, 2025

Newsmax plans to invest up to $5 million in the cryptos over the next year, making it the first New York Stock Exchange-listed company to have Official Trump on its balance sheet.

CEO Christopher Ruddy says Trump Coin’s value should “follow the success of the Trump presidency,” calling its performance so far “impressive.”

Trump’s pro-crypto policies have given the industry a boost. He said he would become “crypto president” and has announced a slew of policies that have boosted investor sentiment toward digital assets.

Signals on the chain

For TRUMP, on-chain signals show some increase in address activity, but overall trading remains mixed. Large holders appear to be transferring coins to cold storage, a sign of long-term confidence.

However, the price of the Trump coins remains highly sensitive to news flows and profit taking, causing both sharp moves up and down.

Newsmax has stated that future crypto purchases will depend on market dynamics and strategic goals, meaning that sudden price changes or major economic events could change their purchasing patterns.

The circulating supply of TRUMP coins has reached over 200 million tokens, and with the arrival of Newsmax Treasury, new institutional purchases could put a stable floor under the price as market sentiment improves.

Official Trump Price Prediction

The daily TRUMPUSDT chart tells a cautious story. The coin broke out of a strong bearish channel in April and then fell into a new “consolidation zone” around $8. The resistance level is higher at $20, marked by several failed breakout attempts mid-year.

Since then, the price has formed a ‘falling curve’, indicating that sellers are in control, but the worst of the decline may be slowing.

TRUMPUSDT analysis source: Tradingview

The Trump coin price consolidates in the $8-$12 zone. The lowest support is at $1.75.

The RSI (Relative Strength Index) is at 34.33, while the yellow curve is at 37.65, indicating that TRUMP is close to the oversold level. This indicates some buying potential as new catalysts emerge or institutional demand picks up. Still, momentum is weak and traders are waiting for confirmation before entering.

If TRUMP fails to bounce near $8, it could test lower support, with $1.75 the final line for buyers. A sustained move above the consolidation zone could attempt to reclaim higher resistance

If the TRUMP coin can hold above $8 and attract more big buyers, a recovery towards $20 is possible. But if selling continues and support fails, a deeper decline to $1.75 could tempt long-term accumulators looking for cheap entry points.

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