{"id":9807,"date":"2025-03-20T19:20:02","date_gmt":"2025-03-20T19:20:02","guid":{"rendered":"https:\/\/icobench.com\/?p=9807"},"modified":"2025-03-20T19:20:02","modified_gmt":"2025-03-20T19:20:02","slug":"trump-falls-after-underwhelming-speech-this-new-solana-ico-is-poised-to-outperform","status":"publish","type":"post","link":"https:\/\/icobench.com\/news\/trump-falls-after-underwhelming-speech-this-new-solana-ico-is-poised-to-outperform\/","title":{"rendered":"$TRUMP Falls After Underwhelming Speech &#8211; This New Solana ICO is Poised to Outperform"},"content":{"rendered":"<p>Official Trump (TRUMP) has shed most of the gains it saw during the Asian session after the President delivered a video speech during the 2025 Digital Asset Summit in New York that fell short of expectations.<\/p>\n<p>In the past 24 hours, <strong>TRUMP has gone down by 0.2% and currently stands at $11.16 per coin,<\/strong> while trading volumes have increased by 13.9% during this same period.<\/p>\n<p>Although no specific announcement was expected, Trump is known for making bold statements that usually move the market\u2019s needle during this kind of intervention.<\/p>\n<p><iframe loading=\"lazy\" title=\"Trump delivers remarks at Digital Asset Summit\" width=\"750\" height=\"422\" src=\"https:\/\/www.youtube.com\/embed\/HjRPu8CnzMo?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>However, he refrained from sharing new information and focused mainly on what his administration has done so far to help the blockchain sector thrive.<\/p>\n<p>Most crypto assets plummeted right after the speech ended, although some of yesterday\u2019s gains have still been preserved.\u00a0<span style=\"background-color: var(--global--color-background); color: var(--global--color-primary); font-family: var(--global--font-secondary); font-size: var(--global--font-size-base);\">Other large meme coins like\u00a0<\/span><a style=\"background-color: var(--global--color-background); font-family: var(--global--font-secondary); font-size: var(--global--font-size-base);\" href=\"https:\/\/icobench.com\/cryptocurrency\/shiba-inu-price-prediction\/\" target=\"_blank\" rel=\"noopener\">Shiba Inu (SHIB)<\/a><span style=\"background-color: var(--global--color-background); color: var(--global--color-primary); font-family: var(--global--font-secondary); font-size: var(--global--font-size-base);\"> and Pepe (PEPE) are still performing positively, with 24-hour gains of 1.2% and 4.8%, respectively.<\/span><\/p>\n<p>Cryptos have been recovering in the past week, and TRUMP has not been the exception. During this 7-day period, the token has delivered a 6.5% return to investors. However, it is still down 30.6% in the past month.<\/p>\n<p>In addition,<strong> the token has gone down by 85.2% from its all-time high of $75.35 on January 29.<\/strong><\/p>\n<h2><span id=\"trump_has_entered_consolidation_these_are_some_key_levels_to_watch\">TRUMP Has Entered Consolidation \u2013 These Are Some Key Levels to Watch<\/span><\/h2>\n<p>Looking at the hourly chart, today\u2019s price action has been a bit choppy as TRUMP continues to be in consolidation. Initially, the price rallied and broke above a lower high to then retreat sharply and plunge to the nearest support at $11 per coin.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-9808 size-full\" src=\"https:\/\/icobench.com\/wp-content\/uploads\/2025\/03\/trump-consolidates-after-federal-reserve-meeting.png\" alt=\"trump consolidates after federal reserve meeting\" width=\"909\" height=\"493\" srcset=\"https:\/\/icobench.com\/wp-content\/uploads\/2025\/03\/trump-consolidates-after-federal-reserve-meeting.png 909w, https:\/\/icobench.com\/wp-content\/uploads\/2025\/03\/trump-consolidates-after-federal-reserve-meeting-300x163.png 300w, https:\/\/icobench.com\/wp-content\/uploads\/2025\/03\/trump-consolidates-after-federal-reserve-meeting-768x417.png 768w\" sizes=\"auto, (max-width: 909px) 100vw, 909px\"><\/p>\n<p>The price action has bounced off this level right now, but the market seems indecisive about what\u2019s next. The $11 level seems important for TRUMP, and multiple other cryptos appear to be either tagging or trading above or below key supports.<\/p>\n<p>However, despite the uptick that came after the American session started, TRUMP is still on a downtrend as that spike did not manage to break above the $11.7 level.<\/p>\n<p>Momentum indicators also favor a bearish outlook as the Relative Strength Index (RSI) is standing 15.6% below the signal line, while the MACD\u2019s histogram shows steadily increasing negative momentum readings.<\/p>\n<p>If TRUMP breaks below the $11 support, there\u2019s still another support level at $10.7 that could cushion the downturn. However, if that line is broken, <strong>the token could once again dive to the low 10s.<\/strong><\/p>\n<p>Apart from this meme coin, a new Solana project is rapidly becoming one of the best crypto presales of the year. Its name is Solaxy (SOLX) and it is a layer-two scaling protocol that aims to eliminate the network\u2019s congestion issues.<\/p>\n<h2><span id=\"solaxy_solx_raises_27m_to_help_the_solana_ecosystem_grow\">Solaxy ($SOLX) Raises $27M to Help the Solana Ecosystem Grow<\/span><\/h2>\n<p><a href=\"https:\/\/icobench.com\/visit\/solaxy\" target=\"_blank\" rel=\"nofollow\">Solaxy ($SOLX)<\/a> launched its presale event back in December and has attracted $27.2 million from investors who see the need for this scaling solution as the Solana ecosystem keeps expanding.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-9809 size-full\" src=\"https:\/\/icobench.com\/wp-content\/uploads\/2025\/03\/solaxy-raises-27-million-to-launch-its-scaling-protocol-for-solana.png\" alt=\"solaxy raises $27 million to launch its scaling protocol for solana\" width=\"1432\" height=\"741\" srcset=\"https:\/\/icobench.com\/wp-content\/uploads\/2025\/03\/solaxy-raises-27-million-to-launch-its-scaling-protocol-for-solana.png 1432w, https:\/\/icobench.com\/wp-content\/uploads\/2025\/03\/solaxy-raises-27-million-to-launch-its-scaling-protocol-for-solana-300x155.png 300w, https:\/\/icobench.com\/wp-content\/uploads\/2025\/03\/solaxy-raises-27-million-to-launch-its-scaling-protocol-for-solana-1024x530.png 1024w, https:\/\/icobench.com\/wp-content\/uploads\/2025\/03\/solaxy-raises-27-million-to-launch-its-scaling-protocol-for-solana-768x397.png 768w\" sizes=\"auto, (max-width: 1432px) 100vw, 1432px\"><\/p>\n<p><a href=\"https:\/\/icobench.com\/cryptocurrency\/best-meme-coins\/\" rel=\"\">Meme coins<\/a> like TRUMP and Popcat (POPCAT) and popular decentralized applications (dApps) like Jupiter and Raydium have increased Solana\u2019s transaction volumes in the past year.<\/p>\n<p>Back when TRUMP was launched, Solana experienced congestion issues that caused delays and transaction errors. Solaxy fixes this by bundling transactions offline to alleviate the mainnet\u2019s workload.<\/p>\n<p>The developing team has already provided encouraging updates about the project as they successfully tested asset transfers on the Solana devnet and have engaged in discussions with wallet providers and exchanges to increase Solaxy\u2019s adoption.<\/p>\n<p>Apart from the significant upside potential that $SOLX offers at its discounted presale price of $0.00167, <strong>investors can earn staking rewards of 150%<\/strong> if they lock in their tokens to help secure the network.<\/p>\n<p>To buy $SOLX, simply head to the <a href=\"https:\/\/icobench.com\/visit\/solaxy\" target=\"_blank\" rel=\"nofollow\">Solaxy website<\/a> and connect your wallet. You can either swap SOL, ETH, or USDT tokens or use a bank card to make your investment.<\/p>\n<p><span style=\"font-weight: 400;\"><div class=\"su-button-center\"><a href=\"https:\/\/icobench.com\/visit\/solaxy\" class=\"su-button su-button-style-flat\" style=\"color:#FFFFFF;background-color:#FF4040;border-color:#cc3434;border-radius:10px\" target=\"_blank\" rel=\"nofollow\"><span style=\"color:#FFFFFF;padding:0px 26px;font-size:20px;line-height:40px;border-color:#ff7a7a;border-radius:10px;text-shadow:none\"> Buy Solaxy Here<\/span><\/a><\/div><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Official Trump (TRUMP) has shed most of the gains it saw during the Asian session after the President delivered&#8230;<\/p>\n","protected":false},"author":138,"featured_media":9810,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[219],"tags":[],"class_list":["post-9807","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.3 (Yoast SEO v24.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>TRUMP Falls After Underwhelming Speech - This New Solana ICO is Poised to Outperform<\/title>\n<meta name=\"description\" content=\"$TRUMP shed its early gains today after the President failed to dazzle the market with his speech at the Digital Assets Summit in NYC.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/icobench.com\/news\/trump-falls-after-underwhelming-speech-this-new-solana-ico-is-poised-to-outperform\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"$TRUMP Falls After Underwhelming Speech - This New Solana ICO is Poised to Outperform\" \/>\n<meta property=\"og:description\" content=\"$TRUMP shed its early gains today after the President failed to dazzle the market with his speech at the Digital Assets Summit in NYC.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/icobench.com\/news\/trump-falls-after-underwhelming-speech-this-new-solana-ico-is-poised-to-outperform\/\" \/>\n<meta property=\"og:site_name\" content=\"icobench.com\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-20T19:20:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/icobench.com\/wp-content\/uploads\/2025\/03\/president-trump-addresses-digital-asset-summit-2025-new-york.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1440\" \/>\n\t<meta property=\"og:image:height\" content=\"731\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Alejandro Arrieche\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Alejandro Arrieche\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/icobench.com\/news\/trump-falls-after-underwhelming-speech-this-new-solana-ico-is-poised-to-outperform\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/icobench.com\/news\/trump-falls-after-underwhelming-speech-this-new-solana-ico-is-poised-to-outperform\/\"},\"author\":{\"name\":\"Alejandro Arrieche\",\"@id\":\"https:\/\/icobench.com\/#\/schema\/person\/9080fbac94e35871d6317dd00df78b3f\"},\"headline\":\"$TRUMP Falls After Underwhelming Speech &#8211; 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