TRUMP Token Soars Over 60%: Trump's Private Dinner and Lock-up Position Extension Ignite Market Frenzy

2025-04-24, 03:22

TRUMP Meme officially announced that on May 22, top TRUMP Token holders will be invited to a private dinner with President Trump at the Trump National Club in Washington, D.C.

At the same time, the first batch of unlocked tokens and the amount released daily over the next three months will be additionally locked for 90 days. Stimulated by this double benefit, the TRUMP token skyrocketed in the short term, breaking through $16, with a 24-hour increase of over 60%, although it later fell back to around $13. This article will analyze in depth the market impact, risks, and investment advice of this event.

Background of the Event: Dual Catalyst of Banquet and Lock-up Position

The private dinner at Trump National Club on May 22 was the core driver of this TRUMP coin’s big pump. This event targeted top coin holders, not only giving TRUMP coin a unique ‘social value’ but also triggering FOMO (Fear of Missing Out) sentiment in the market. Trump’s personal involvement further fueled speculative enthusiasm, with investors seeing it as a symbol deeply tied to the token and the Trump brand.

At the same time, TRUMP Meme announced that the first batch of unlocked tokens and the additional lock-up of the daily release quota for the next three months will be extended for an additional 90 days. This effectively mitigated the selling pressure crisis brought about by the 4% token unlocking on April 18th. At that time, a large-scale sell-off caused the price of TRUMP tokens to plummet by more than 90%, shaking market confidence. Extending the lock-up period reduces short-term circulation and sends a signal to the market to maintain price stability, widely interpreted as a significant positive development.

Market performance: After a big pump of 60%, it fell back to $13.

Stimulated by the news of the banquet and the extension of the lock-up period, the price of TRUMP tokens quickly surged from around $9.3 to $16, with a 24-hour rise of over 60%, reaching a recent high. However, high-level selling and a re-uation of the actual value of the banquet led to a price decline, currently stabilizing around $13.

Market sentiment is polarized. Optimists believe that the banquet news validates the rebound potential of the TRUMP token, and expect prices to rise further. However, cautious individuals warn that the banquet may be used as a tool for pushing up prices, and there is a risk of chasing high positions. Overall, the market is full of expectations for the short-term performance of the TRUMP token, but there are still doubts about its long-term value.

Risks and Controversies: Hidden Worries in the Speculative Craze

Despite the eye-catching short-term performance of the TRUMP token, its high volatility and potential risks should not be ignored. Since its launch on January 17, 2025, the price of the TRUMP token has soared from a few cents to a high of $75, before plunging by more than 90%, only to rebound recently due to banquet news. Early liquidation by large holders resulted in losses as high as $30 million, highlighting the speculative nature of the market.

The operation mode of the TRUMP token has also sparked controversy. Trump’s company holds 80% of the token share, which has been accused of conflicting interests and market manipulation risks. Although the dinner event is eye-catching, it may only be a short-term marketing gimmick, which is difficult to support the long-term value of the token. The tokens released daily in the next three months, despite being locked up in the short term, may still bring selling pressure after unlocking, similar to the sharp drop or replay on April 18th.

Trump’s policy background has added uncertainty to the market. His tariff policies (such as raising tariffs on China to 125%) and intervention in the Federal Reserve have caused global market turmoil. The S&P 500 index has dropped by about 16% from its high on February 19, while the price of gold has surged by 30%, indicating investors’ preference for safe-haven assets. As a high-risk asset, TRUMP token may be further affected by the macro environment.

Investment advice: participate cautiously and strictly control risks

For investors interested in participating in the TRUMP token, the following advice may be helpful:

Short-term speculation: The news of the banquet may have been partially digested by the market, and there is limited room for short-term rise. It is suggested to set profit and stop-loss points near $13, and closely monitor the dynamic of Trump’s social media (such as Truth Social) to grasp the change of market sentiment.

Long-term holding: The long-term value of the TRUMP Token is questionable, with 80% of the tokens concentrated in the Trump Organization, posing a higher risk of market manipulation. In comparison, mainstream cryptocurrencies like Bitcoin may be more stable.

Conclusion

The TRUMP token saw a big pump due to news of a private dinner and a delay in lock-up, with a rise of over 60% in 24 hours, demonstrating the strong appeal of the Trump brand in the crypto market. However, high volatility, policy controversies, and speculative risks remind investors to remain cautious.

In the future, Trump’s policy direction and token unlocking progress will continue to affect the market. Investors need to remain rational in the frenzy, control risks strictly, in order to navigate this high-risk track with ease.


Author: Rooick Z., Gate.io Researcher
This article represents only the author's point of view and does not constitute any trading advice. Investment carries risks, so decisions should be made carefully.
This article is original, copyrighted by Gate.io. Please indicate the author and source if you need to reprint, otherwise legal responsibilities will be pursued.


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