TRUMP Coin Jumps 10% as Exclusive Holder Dinner Fuels Speculation
Trump Coin (TRUMP) bucked broader market trends with a 10% surge to $14.22, while the overall crypto market dipped 1%. The politically themed token has rallied 70% over the past month, though it remains 80% below its January all-time high (ATH) of $73.43.
Traders attribute the momentum to anticipation surrounding today’s exclusive May 22 dinner event for top TRUMP holders. While short-term volatility may follow the event, analysts note sustained interest in political tokens could drive long-term value. TRUMP currently ranks as the 50th largest cryptocurrency by market cap.