Today, the cryptocurrency market is experiencing a downturn, impacting several altcoins, with the global market cap currently standing at $3.37 trillion, marking a 6% decrease within the past 24 hours. Amid this decline, three altcoins – Official Trump (TRUMP), Ondo (ONDO), and Jupiter (JUP) – are attracting notable attention. While Jupiter (JUP) has witnessed an increase in value, both Trump (TRUMP) and Ondo (ONDO) have seen declines.

Official Trump (TRUMP)

The trending altcoin of the day, TRUMP, a Solana-based meme coin, is currently priced at $26.16, reflecting a 14% decline in the past 24 hours. The asset is currently trading below the Super Trend indicator's red line, indicating a bearish trend and potential further declines towards $10.33 if selling pressure persists. Conversely, increased buying activity could drive TRUMP's value up to $36.69.

Ondo (ONDO)

RWA token ONDO is another noteworthy altcoin in today's trends, trading at $1.29 and experiencing a 9% price dip within the last 24 hours. The decrease is attributed to declining demand, as demonstrated by the Relative Strength Index (RSI) currently at 45.89, indicating growing selling pressure. If this trend continues, ONDO's price may drop below $1.23 and reach $1.03; however, a surge in demand could push its value to $1.57.

Jupiter (JUP)

JUP stands out as the top gainer in the market today, trading at $0.97 with a 5% price increase over the past 24 hours. This growth is supported by a significant uptick in daily trading volume, hinting at rising demand for JUP tokens. If demand persists, JUP's value could surge towards $1.08; conversely, if selling pressure intensifies, the price may fall below $0.95 towards $0.81.