- According to Lookonchain data, three major investors purchased a total of 539,000 TRUMP tokens within minutes via Binance.
In May 2025, Donald Trump’s exclusive crypto dinner event sparked great excitement in the crypto market. The event will take place on May 22 at Trump National Golf Club in Virginia. This dinner is planned exclusively for token holders, and only the top 220 TRUMP token holders will earn the right to attend.
The #Trump dinner is approaching, and 3 whales are bullish, buying $TRUMP.
Fresh wallet H7EZf5 withdrew 199,423 $TRUMP($2.93M) from #Binance 50 minutes ago.
Whale 2WfeaM spent 2M $USDC to buy 136,398 $TRUMP and spent 2M $USDC to buy 1.5M $Fartcoin 10 hours ago.
Fresh wallet… pic.twitter.com/Ohvslp5mHf
— Lookonchain (@lookonchain) May 21, 2025
Purchase Details:
- The first new wallet bought 199,423, paying $2.93 million.
- The second investor spent $2 million to buy the same amount of tokens.
- The third new wallet held 203,229, valued at $2.64 million.
The total investment amount is $7.5 million. These large purchases caused a 10% increase in the TRUMP token price. The token is currently trading at around $14.80.
Opportunity or Risk for Trump Token Investors?
The top 25 TRUMP token holders will earn the right to attend a private reception with Trump. Additionally, perks like a White House tour are included in the event. These advantages create significant incentives for investors.
Meanwhile, Tron’s founder Justin Sun also ranks high with approximately $19 million worth of TRUMP tokens. Sun’s attendance and planned one-on-one meeting with Trump have increased excitement among investors. However, some crypto experts remain cautious about these developments. It has been observed that memecoins influenced by political figures often experience short-term rallies followed by rapid value losses. Indeed, one investor sold 126,000 TRUMP tokens, making about $420,000 profit. This shows some investors focus on short-term gains.
Therefore, investors should control their excitement and carefully follow market movements. Price fluctuations could occur after the rally leading up to the event. Still, the intense market interest makes TRUMP token a coin to watch in the coming period. Donald Trump’s interest in crypto creates a unique momentum in the memecoin market. TRUMP token stands out as a rare example of political figures influencing cryptocurrencies. The dynamic nature of memecoin markets can be shaped quickly by such events. Experts state that strong community support and ongoing events are essential for sustained token prices.
Social influences and celebrity endorsements play a significant role in sudden price surges or drops in the crypto market. Thus, tokens involving political figures can experience higher volatility.
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