"Memecoins Surge: TRUMP Coin Leads Bullish Trend, Analyst Predicts Political Impact"

The cryptocurrency market has witnessed a significant recovery this week, with the memecoin segment leading the gains. This bullish trend has sparked interest among investors, who are curious about the potential of memecoins and their role in the broader crypto market.

One of the most talked-about memecoins is the Official Trump (TRUMP) coin, which has seen a remarkable surge in price. In the past 24 hours, the TRUMP price jumped by approximately 19%, with a trading volume of $2.471 billion. Over the last seven days, the coin has increased by 8.42%, and over the last 30 days, it has surged by around 200%. The TRUMP coin has a market cap of $3.844 billion and a year-to-date return of 196.33%.

Arthur Hayes, a renowned crypto analyst with over 144K followers on the Medium newsletter platform, has shared his thoughts on the political memecoin market. In his article, Hayes suggests that memecoins could be the most effective form of political advertising during an election campaign. He predicts that the United States 2026 election may witness a large number of new personal political brands created through memecoins, potentially challenging established political figures.

In the case of the TRUMP coin, technical indicators suggest a bullish outlook. The EMA 50-day is on the verge of experiencing a positive crossover in the 4H time frame, and the MACD indicator shows a similar trend. This indicates an increase in buying pressure for the memecoin. If the market favors the bulls, the TRUMP memecoin price could surpass its immediate resistance level of $21.80 and head toward its upper high of $31.050. However, a bearish reversal could pull the price toward its low of $12.050 this month.

Another memecoin that has gained attention is Dogwifhat (WIF), a Solana-based memecoin. After trading under a bearish sentiment for a brief period, the WIF coin price recorded a strong bullish recovery overnight. The SOL-based memecoin has soared over 20% in 4 hours, with a jump of 15.52% in its intraday trading volume. The Moving Average Con