The TRUMP token fell after he was found guilty of 34 felony counts on 30th May. However, it soon regained as demand skyrocketed.The memecoin tied to Donald Trump has regained following a double-digit decline after he was found guilty on 30th May.data, the price of the Donald Trump-linked memecoin immediately cratered by 35% after the guilty verdict was announced. The coin reached a low of $11.28 before rebounding.
Chaikin Money Flow was above the zero line, confirming the inflow of capital into the meme coin’s market. This metric measures how liquidity flows in and out of the market. Further, readings from the token’s Moving Average Convergence/Divergence indicator showed a significant bullish influence in the meme coin’s market.
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