Tron (TRX) Gains Momentum Amid Trump Gala Dinner Speculations
As the crypto market buzzes around the TRUMP meme coin, three altcoins are emerging as potential movers in the lead-up to former President Donald Trump’s exclusive gala dinner. TRON (TRX), ConstitutionDAO’s PEOPLE token, and the Official Melania Meme (MELANIA) are drawing speculative interest amid shifting narratives. TRX’s momentum stems from unconfirmed rumors that Tron founder Justin Sun may be the largest holder of TRUMP tokens.
Top 3 Altcoins to Watch Ahead of Trump’s Gala Dinner
As the crypto market buzzes around the TRUMP meme coin, three altcoins are emerging as potential movers in the lead-up to former President Donald Trump’s exclusive gala dinner. TRON (TRX), ConstitutionDAO’s PEOPLE token, and the Official Melania Meme (MELANIA) are drawing speculative interest amid shifting narratives.
TRX’s momentum stems from unconfirmed rumors that TRON founder Justin Sun may be the largest holder of TRUMP tokens. Blockchain analytics platform Arkham Intelligence flagged a cold wallet linked to Sun’s HTX exchange as the top holder on TRUMP’s leaderboard. While the wallet ownership remains unverified, the speculation alone has injected volatility into TRX markets.
The PEOPLE token, a relic of ConstitutionDAO’s 2021 bid to purchase the U.S. Constitution, is seeing renewed attention as a proxy for political-themed crypto activity. Meanwhile, MELANIA capitalizes on First Lady meme coin mania, though its liquidity remains shallow compared to established players.
Hyperliquid Surpasses Tron in Fee Generation Amid Market Activity Surge
Hyperliquid [HYPE] has dethroned Tron [TRX] as the top fee-generating asset in the past 24 hours, marking a notable shift in market dynamics. The protocol’s native token rallied 4.03% while TRX dipped 0.12%, reflecting divergent investor sentiment.
Artemis data reveals Hyperliquid generated $2 million in fees, eclipsing Tron’s consistent weekly dominance. The outperformance stems from heightened activity across Hyperliquid’s ecosystem, though sustainability hinges on maintaining current network demand.
Tether Expands USDT Supply with $1 Billion Mint on Tron Network
Tether has minted an additional 1 billion USDT on the Tron blockchain, bringing its total issuance on the network to 12 billion since January 2025. The move underscores growing demand for stablecoins in cross-border transactions, OTC settlements, and decentralized finance applications.
The Tron network now holds $71.71 billion in USDT supply, cementing its position as the dominant platform for Tether transactions. This expansion coincides with tightening supply dynamics across crypto markets and heightened investor activity amid global macroeconomic uncertainty.
