On January 17, Donald Trump, the then-President-elect of the United States, became the first holder of that vaunted office to launch a meme coin — Official Trump (TRUMP). Understandably, the decision was controversial — with critics pointing to the asset’s lack of utility and deriding it as a cynical cash grab.
To little surprise, TRUMP immediately attracted a deluge of attention and trading activity — reaching an all-time high (ATH) price of $74.59 and a market capitalization of $31.39 billion on January 19.
Since then, the price of TRUMP has receded to $38.26, while its market cap has shrunk to $7.74 billion by press time on January 21. A key contributor to this was the launch of Official Melania (MELANIA) — with the first lady’s meme coin drawing a lot of volume away from her spouse’s.
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While the cynical might deride this as the greatest of all rug pulls, the meme coin is still attracting the interest of traders — although volume has seen a precipitous 40.44% drop, at $24.36 billion, it is still more than three times as high as the asset’s current market cap.
Finbold has consulted its very own artificial intelligence (AI) price prediction tool to get a better overview of what levels TRUMP prices could reach in February.
Finbold AI predicts TRUMP price for February 2025
Using a combination of advanced AI models, including OpenAI’s ChatGPT-4o and ChatGPT-4o mini, Anthropic’s Claude 3 Opus and Claude 3.5 Sonnet, and xAI’s Grok 2 Vision, Finbold got a relatively wide variety of results.
The only bearish prediction came from GPT-4o Mini, which, it should be noted, was built with speed in mind as the primary priority. Per OpenAI’s quick and nimble model, the price of TRUMP will retreat back to $38.00 — and stabilize at those levels.
GPT-4o, on the other hand, is significantly more optimistic — projecting a 6.08% increase in the cards for the President’s meme coin, up to a price of $40.50. OpenAI’s flagship model did, however, note that the lack of long-term pricing data impacts the reliability of its prediction. Claude 3 Opus provided a relatively similar outlook — with a slightly more bullish price target at $41.50.
Grok 2 Vision and Claude 3.5 Sonnet gave the most bullish forecasts — projecting that TRUMP will reach a price of $45 and $45.25, respectively — equating to a 17.86% upside from Grok and 18.52% for Claude. Both models cited positive sentiment in their reasoning — although that point is debatable.
On the whole, the AI models were bullish — predicting an average upside of 10.14%, equating to a price of $42.05.
Readers should note that, while the prompts used by Finbold’s AI price prediction tool take into account various factors and technical indicators, such as the relative strength index (RSI) and simple moving averages (SMA), its outputs cannot serve as a reliable substitute for due diligence and personal research taking into consideration the twenty four seven nature of the crypto market.
Featured image via Shutterstock
