Whale Re-entries and Strategic Swaps Fuel TRUMP Meme Coin Rally
today / 05:36
A prominent crypto investor who previously offloaded a large TRUMP position re-entered the market by purchasing 337,000 tokens at an average price of $15.39, nearly double the earlier selling price of $8.70. This move comes just 20 hours after the sale, which cost the investor an estimated $3.8 million in missed profit opportunities. The re-entry coincides with the announcement of an exclusive dinner event on May 22, 2025, in Washington, D.C., where the top 220 TRUMP holders will be invited to dine with former President Trump. The dinner announcement spurred a dramatic price surge of close to 90% for the token, even as it remains roughly 80% below its all-time high of $73. In related market moves, a trader swapped an entire holding of 1.18 million Fartcoin tokens for 78,671 TRUMP tokens, following a series of successful swing trades on Fartcoin that generated a total profit of $669K. These trading activities highlight a renewed investor interest in meme coins amid high-profile events and strategic portfolio restructurings.
The renewed entry of a whale and heightened investor activity due to an upcoming exclusive dinner event are likely to boost TRUMP’s price in the short term. The purchase at nearly double the previous sale price signals strong conviction and may trigger further buying. In the long term, while the event may sustain interest and support, volatility remains due to its meme coin nature and market sentiment swings linked to high-profile endorsements.
The significant portfolio restructuring, where a trader swapped all holdings of Fartcoin for TRUMP tokens, may exert downward pressure on FART in the short term. Although the trader’s previous swing trade success suggests a strong trading strategy, the mass conversion could result in reduced demand and liquidity for FART, highlighting potential risks for its price momentum.
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