- TRUMP gained over 70% in 7 days, driven by hype around a dinner contest with Donald Trump.
- TRUMP could punch toward $14–$17 if bulls stay in control and the dinner hype doesn’t fade.
- US President Donald Trump may or may not be present at the dinner event scheduled for May 25th.
The official Donald Trump meme coin, TRUMP, has exploded in value, climbing 8.32% in the past 24 hours to trade at $12.97 at press time.
Over the past seven days, TRUMP has gained a staggering 70%, according to CoinMarketCap data, as a wave of hype fueled by a “private dinner with Trump” contest pushed prices higher.
Details Emerge on the “Dinner with Donald” Promotion
TRUMP’s latest price surge was triggered by an announcement on its official website revealing that a handful of investors could win a private dinner with US President Donald Trump at the Trump National Golf Club in Washington, D.C. on May 22.
According to the promotion, referenced on the @GetTrumpMemes X account, winners are also promised a “Special VIP Tour.” However, the fine print includes some important points. Participants need to cover all their travel and other expenses. Also, there’s no absolute guarantee Trump will attend; if he can’t make it and the dinner isn’t rescheduled, winners get a “limited edition Trump NFT” instead.
Related: Trump to Dine With TRUMP Token Whales—Is This Web3 or Just Old-School Politics?
Team Clarifies Entry Costs, Eases Dump Fears
Adding to the excitement, a rumor spread online claiming people needed over $300,000 worth of $TRUMP just to qualify for the dinner. The coin’s development team quickly shut this down on social media, confirming it was false, as highlighted by WuBlockchain on X.
They explained the 220th qualifying wallet currently holds only about $420 worth of TRUMP, proving smaller holders could potentially attend.
$TRUMP Technical Analysis: Can It Hold Key Levels?
On the 4 hour chart below, the RSI (Relative Strength Index) sits at 70.82, indicating overbought territory, but also showcasing strong bullish momentum. A cool-off period is likely overdue.
Based on the Fibonacci Extensions, it is clear that the recent rally sliced through the 1.618 Fib level ($10.14) and 2.618 ($11.48) with ease. TRUMP is currently consolidating near 3.618 ($12.81) and just under the 4.236 ($13.64) extension, both critical resistance levels.
If bulls break above $13.64, the next leg could send TRUMP toward $16–$17, assuming no major dump event or negative news.
On the other hand, the Balance of Power (BOP) indicator is at -0.40, showing that sellers have begun asserting some control despite the strong uptrend, hinting at possible short-term weakness.
Related: Warren Blasts Trump’s ‘Systematic Removal’ of Oversight at CFPB, SEC
If price fails to hold above $12.81 (3.618 Fib), TRUMP could fall back to $11.48 (2.618 Fib) or even $10.14 (1.618 Fib) to retest support levels. A fall below $10 could result in consolidation near $8.25–$9.33.
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