Financial Insights That Matter
- TRUMP consolidates near $11.26, hinting at a potential breakout beyond $13.83.
- BERA surpasses Base in TVL, securing the 6th largest blockchain position with over $3.2 billion locked.
- 94.6% of traders bet against TRUMP crossing $12.92 by March 10—will they be wrong?
The TRUMP token has been currently consolidating near the $11.26 mark after facing strong resistance, suggesting a key support level where buyers are stepping in. Market analysts predict that a breakout above this zone could trigger a rally, with potential targets at $13.83 and $15.00.
However, bearish pressure continues to weigh on the overall crypto market, making TRUMP’s next move highly uncertain.
Despite the downturn, TRUMP has secured its position among the top 100 tokens by market capitalization. With a surge of 70%, it is one of only 17 tokens to have outperformed BTC in the past 90 days.
While BTC has suffered a 15% decline during this period, several others have demonstrated remarkable strength, including BERA, which has risen by an impressive 492%, IP and DEXE (both up 79%), BGB (+72%), GT (+65%), and others, per CoinMarketCap market data.
Adding to the intrigue, rumors are circulating that the $TRUMP memecoin could potentially become a reserve asset, a development that could be rewriting financial history if true. This is likely fuelling a significant prediction: Will $TRUMP exceed $12.92 by March 10th?
TRUMP Reserve Asset Rumors, BERA Flips BASE
Currently, market sentiment is overwhelmingly pessimistic, with only 5.4% of people believing the price will break above this threshold, while 94.6% of people expect it to remain below.
Market analysts point to the current bearish conditions as the reasons for this skepticism.
As one such noted, “Given the current market scenario with continued downward pressure, I think this will be the case cause the market is dumping even more.”
Coming to the market defying tokens, Berachain’s $BERA is making waves in the DeFi space. The blockchain has now amassed over $3.2 billion in Total Value Locked (TVL), officially ranking as the 6th largest blockchain. This milestone pushes Berachain ahead of Base and just behind Tron and BSC, further solidifying its position as a major DeFi contender.
As traders eye the next move, both TRUMP and BERA remain in focus—one for its potential price surge and the other for its rapid DeFi expansion.
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