Trump’s meme coin is again within the highlight—this time with a dinner invitation and a 25% value surge in 24 hours.
The most recent frenzy within the meme coin market facilities round $TRUMP, the cryptocurrency named after U.S. President Donald Trump. Its value jumped greater than 25% in a single day after the mission announced a high-profile incentive: a personal dinner with Trump for the highest 220 token holders.
A Gala Dinner That Lit Up the Charts
$TRUMP, the meme coin related to President Donald Trump, has seen a renewed surge in investor enthusiasm after a promotional occasion was introduced on its official channels. The highest 220 holders of the token shall be invited to a personal dinner with Trump on Might 22 on the Trump Nationwide Golf Membership in Washington, D.C. The highest 25 wallets will obtain an added bonus—a VIP reception and private tour with the president.
High $TRUMP Coin holders are invited to an unique dinner with President Trump on Might 22 on the Trump Nationwide Membership in Washington, D.C. Supply: TrumpMeme through X
The announcement instantly despatched the coin’s value skyward, rallying from round $9 to almost $14.70 earlier than pulling again to the $12–$12.30 vary. In response to Courageous New Coin data, the coin jumped greater than 25% inside 24 hours of the information.
“The extra $TRUMP you maintain—and the longer you maintain it—the upper your rating shall be,” states the mission’s web site, which encompasses a real-time leaderboard to trace eligible individuals.
Market Hypothesis or Strategic Advertising and marketing?
The dinner invitation has ignited each enthusiasm and controversy. Critics query whether or not the occasion is a reliable political outreach or a high-stakes advertising stunt aimed toward whale buyers. In response to stories, securing a top-220 spot on the leaderboard might require holdings value roughly $400,00zero in $TRUMP tokens.
Official Trump (TRUMP) meme coin was buying and selling at round $11.74, up 25.55% within the final 24 hours at press time. Supply: Brave New Coin
Crypto influencer Jacob Bury commented on the matter, noting the aggressive advertising mechanics at play: “It’s a intelligent gamification of entry. The provide has clearly labored, judging by the value response.”
Others raised issues concerning the broader implications. Tony Carrk of Accountable.US referred to as it “a bidding warfare over who can purchase probably the most entry,” whereas Senator Chris Murphy labeled the transfer “openly corrupt” in a submit on social media.
Trump Embraces Crypto as Coverage and Product
Whereas Trump was as soon as a vocal critic of cryptocurrencies, his second presidential run has seen a drastic shift. He now calls himself the “crypto president” and has pledged to make the U.S. the worldwide hub for digital belongings. His administration has rolled out coverage adjustments aimed toward loosening crypto oversight, together with a controversial transfer by the Division of Justice to disband a division investigating digital asset fraud.
Moreover, Trump has ventured into the area with a number of initiatives. These embrace Trump Digital Buying and selling Playing cards (NFTs), a crypto funding platform referred to as World Liberty Monetary—run along with his sons—and a rising presence in meme coin tradition. Melania Trump has additionally entered the market along with her personal digital token, $MELANIA, though it has dropped considerably in worth since launch.
Value Outlook: Will the Rally Proceed?
Technical analysts are divided on the token’s subsequent transfer. The surge above $14 represents a key resistance level, and until the token can break above it with sustained quantity, a pullback is probably going. Present assist sits round $10.00–$10.50, whereas a successful breakout might push the value towards the $16.00 mark within the quick time period.
The confirmed backside sample within the TRUMP token value chart alerts the beginning of a sustained long-term development part. Supply: Master Ananda on TradingView
Regardless of the meme coin’s restricted utility and excessive volatility, short-term merchants are watching intently. The delay of a deliberate token “unlock” occasion—anticipated to launch giant quantities of provide—has additional prolonged bullish sentiment, with insiders hinting at a 90-day postponement.
Meme Cash and Political Crossroads
The $TRUMP rally arrives amid broader discussions across the position of meme cash and political branding. From Elon Musk’s Dogecoin references to the rise of tokens like $TRUMP and $MELANIA, cryptocurrency is turning into a battleground for affect as a lot as innovation.
Whereas meme coins typically appeal to speculative capital and viral consideration, the rising intersection with real-world politics is breaking new floor—each ethically and financially.
Because the dinner date approaches and the leaderboard battle intensifies, one factor is obvious: Trump isn’t simply campaigning—he’s tokenizing.
Ahmed Ishtiaque Ahmed Ishtiaque Read More
