Trump Memecoin Soars Over 70% Ahead of Exclusive Dinner for Top Holders
23.04.2025 17:52
The $TRUMP memecoin surged significantly following an announcement that the top 220 token holders will be invited to an exclusive dinner with Donald Trump. The event, scheduled for May 22, 2025 at the Trump National Golf Club in Washington, D.C., has spurred investor excitement as the token price jumped from roughly $9.00 to $16.03. In addition, the project declared a 90-day delay of its initial token unlock and the subsequent three months of daily unlocks to mitigate short-term selling pressure. This strategic move is part of a broader trend of memecoin-related political engagement during the 2024-2025 election cycle and aligns with a growing acceptance of crypto-friendly policy within the Trump campaign. The combined effect of these developments is expected to bolster long-term investor confidence and support further price appreciation.
The exclusive dinner event announcement acts as a strong positive catalyst for TRUMP, driving an immediate surge in token price. The delay in token unlocks further supports a reduction in short-term selling pressure, encouraging long-term holding. These factors, combined with the political cachet of the Trump brand and crypto-friendly initiatives, suggest a favorable outlook for both immediate and sustained price gains.
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