TRUMP Coin Surges 73% Amid Gala Dinner Hype
The TRUMP coin,a Trump-themed meme token,has seen a massive 73% price hike recently. Launched on Solana in January 2025, it jumped from $7.54 to nearly $15.47 by April 23, settling around $13.20 by April 25.
Launched on Solana, TRUMP coin has become the top-performing asset among the 100 largest cryptos. Its recent rally was sparked by an exciting announcement. The top 220 holders will attend a dinner with President Trump at the Trump National Golf Club in Washington, D.C., on May 22. This event has ignited investor interest,pushing its 24-hour trading volume to $1.82 billion.
Initially, the coin soared to $75.35 ahead of trump’s inauguration but then dropped to $7.14 by April 7.The latest surge was fueled by the promise of a gala dinner with the former president. The dinner, set for May 22, offers a VIP experience for top holders. The event includes a White House tour for the top 25. Eligibility is based on holdings from April 23 to May 12.However, the coin still trades 83% below its peak.
Technical analyst AMCrypto noted increased short liquidations and whale buying. Additionally, the unlocking of 40 million new tokens was delayed by 90 days, easing supply concerns.The broader crypto market, with Bitcoin nearing $100,000, has also boosted interest in high-risk assets like TRUMP coin.
However,risks loom.The dinner’s exclusivity comes with strict eligibility rules, including background checks. While Trump’s attendance is expected, it’s not guaranteed. If he can’t make it, attendees will receive a limited-edition trump-related item instead.
TRUMP Token Gains Traction Amid Gala Event
The TRUMP token, a themed NFT, is gaining popularity. The project’s official portal updates the leaderboard of token holders in real-time. As of April 25, the top holder is a wallet named “SUN,” linked to Justin Sun, the TRON founder.his holdings exceed 1.17 million tokens, worth over $14 million. Sun’s involvement aligns with his past support for pro-Trump crypto projects.
Second and third places are held by wallets “CASE” and “MeCo.” MeCo holds more tokens but ranks lower due to time-weighted metrics favoring long-term holdings. Blockchain data shows a surge in interest after the gala event announcement. The top 100 wallets added about 940,000 tokens within an hour, according to Nansen.
Trump entities profit from trading, not pump-and-dump tactics. The token’s supply is capped at one billion, with 200 million currently in circulation. The remaining 800 million are locked and will unlock gradually over three years. This structure prevents sudden sell-offs,stabilizing the market. The token’s price rise is supported by a controlled supply and two Trump-affiliated entities’ involvement. The total supply is capped at one billion, with 200 million in circulation. The initial unlock on April 18 released 40 million tokens, followed by daily issuances until July 18. The delay in unlocks supports the price rally. The fully diluted valuation is around $13.35 billion, but the actual market cap is $2.67 billion. Two Trump-linked entities control 80% of the supply.They generate income through trading fees on Meteora, a Solana-based exchange. These entities earn fees from trades, not direct sales. The locked tokens ensure stability. The gala event boosted demand, with the top wallets accumulating tokens quickly.
Key points include:
- 800 million tokens are locked, unlocking gradually.
- Entities earn from trading fees, not direct sales.
- Trading fees have earned them $86-100 million, with $1.6 million in fees post-announcement.
Trading fees, not direct sales, drive profits. The TRUMP coin’s value is tied to the May 22 gala and delayed unlocks. The TRUMP coin’s value is linked to the gala and delayed token releases. The TRUMP coin’s value is tied to the gala and delayed token releases.
TRUMP Token’s Market Dynamics post-Event
The TRUMP token’s speculative interest is likely to remain high. However, once the event ends and the unlock window opens in July, market dynamics may change. The influx of new tokens could lead to a price drop,especially if trading activity slows down after the event’s excitement fades.
New investors attracted by the recent price surge should understand that the token’s current market value is based on a limited supply, not a full public release. For existing holders, managing risk wisely will be key.
As event-driven factors lose their impact, questions about the token’s long-term viability will likely return. How you position yourself could determine whether you protect your gains or suffer losses.
Remember, this facts is for educational purposes only and not investment advice.
