TRUMP Memecoin Jumps 75% After Announcing Exclusive Donald Trump Dinner for Top Holders
The TRUMP memecoin surged 75.2% on April 23 following the announcement of an exclusive dinner event with former President Donald Trump for its top holders. Marketed as "the most EXCLUSIVE INVITATION in the world," the offer extends to the top 220 token holders, featuring a private gala with an ultra-VIP reception for the top 25.
Before this rally, TRUMP had been in a bearish trend, down 80% from its January peak of $46.50. The recent price increase has reduced losses to 71% below its inauguration day levels. Key resistance levels at $14.60 and $16.00 are now critical for bulls aiming to sustain the upward momentum.
With the event scheduled for May 22, continued demand is anticipated. The token’s ability to break through these technical barriers will determine whether it can move beyond typical memecoin volatility and establish more stable price discovery.