TRUMP Coin Surges 10% Ahead of Exclusive Dinner Event

The price of the TRUMP coin experienced a significant surge, rising by more than 10% in a single day, reaching approximately $14.40 on May 21, 2025. This surge in price is directly linked to an upcoming exclusive dinner event for the top 220 holders of the TRUMP token, scheduled for May 22 at the Trump National Golf Club in Virginia.

The dinner, hosted by President Trump, is a "black-tie-optional" event that will provide additional VIP benefits to the 25 largest wallets among the 220 invitees. These benefits include a private reception with Trump and a guided tour of Washington, D.C. The event has proven to be a significant driver of market activity, as the initial announcement in April led to a more than 50% increase in the TRUMP token price.

To qualify for the dinner, holders must possess at least 4,196 TRUMP tokens, which were valued at approximately $55,000 when the threshold was set. The top holders own hundreds of thousands or even millions of coins each. President Trump’s affiliates, CIC Digital LLC and Fight Fight Fight LLC, control 80% of the total token supply. Justin Sun, the founder of Tron and a Trump crypto adviser, confirmed on May 20 that he holds the largest position in TRUMP tokens, with over $21 million worth of tokens in his wallet. His public confirmation and planned attendance at the dinner have boosted confidence among smaller investors.

Technical analysis indicates that the TRUMP token has broken out of its recent trading range, with several bullish indicators suggesting positive momentum. The token has bounced off its 20-day exponential moving average (EMA) at approximately $12.99, using that level as support for further gains. The Directional Movement Index on the daily chart shows positive momentum outpacing negative signals, typically interpreted as confirmation of a bullish trend. If this momentum continues, analysts suggest the TRUMP token price could reach around $19.30. However, a drop below the $12.99 EMA would likely invalidate the short-term uptrend and could trigger a deeper pullback to the $10-11 range.

Market sentiment has turned increasingly bullish, with 73.64% of investors expecting the rally to continue. This positive sentiment, if maintained, suggests both spot and futures traders may continue to support upward price movement in the near term. The most immediate price action will likely be influenced by events at tomorrow’s exclusive dinner and any statements made by President Trump regarding the token’s future.