Official Trump Coin Price Surge 50% Amid Memecoin Dinner Buzz

10 May, 2025

Former SEO Writer

Expertise : Crypto News & Market Analysis, Content Strategy & SEO Writing

Pooja Khardia is a seasoned crypto content writer with 6+ years of experience in writing, including in blockchain, cryptocurrency, DeFi, and digital finance reporting. In her adventure journey, she is currently working with CoinGape Media and leading their Trending Section. Here, she uses her expertise to deliver analytics, market insights, price predictions, and information on what’s trending in the crypto space, aiming to keep the crypto and web3 community updated with market trends and important insights. Known for a user-centric and straightforward writing style, Pooja is passionate about making crypto easy and accessible. Her writing blends market research with storytelling, helping readers stay ahead in a fast-paced industry. When not behind the keyboard, Pooja embraces her creative side through drawing and crafting. Connect with Pooja on LinkedIn or X.

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TRUMP Coin Price Coils Up, Breakout Hints Potential Retest of $25

Why is the Trump Coin Price Soaring?

Trump memecoin gained immense attention from investors during launch, gaining a massive rally to its ATH of $75.35. However, once the hype faded, the trending meme coin struggled and crashed. Until days ago, the Trump coin price was on the lower side, even below the $10 mark. However, Donald Trump’s dinner invite fueled investors’ interest and led to an uptrend.

On May 5, Donald Trump announced the hosting of a TRUMP memecoin dinner for the top token holders. As there’s a limit to picking the top 220 holders, the investors are jumping on the buying opportunity, driving up its price.

As a result, it currently trades at $14.28 with a nearly 50% surge in the last 4 days and 80% over the month. The investors’ demand is still persistent as the Trump dinner is set for May 22. Besides, the broader crypto market recovery is aiding in the surge.

Today, Ethereum price surged above $2.3k and Bitcoin surpassed $104k for a brief moment, signaling a major uptrend.

Trump Coin Trades Fuel Liquidity Demand and Price

CoinGlass derivative data reveals that the traders are bullish on the Trump meme coin price surge, as there are 2x long positions than short, especially on Binance and other popular crypto exchanges.

Its high trading volume of $2.36B and growing open interests hint at its high demand. As a result, the TRUMP memecoin team has moved 3.5M tokens to exchanges to support liquidity.

According to their official X post, they moved 3.5M TRUMP to exchanges at 1:30 am UTC to ensure the proper availability of the token for buying and selling. Notably, they have not sold any tokens. Instead, they have used their liquidity wallet holdings.

Another significant step taken is the relocking of recently unlocked tokens. This decision is made considering the ranking of the TRUMP holders before the dinner. Experts anticipate a significant uptrend for the token amid this memecoin dinner buzz.

If the trend remained the same, the Official TRUMP price prediction hints that it would hit $45 or higher.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

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Frequently Asked Questions (FAQs)

1. Why is the Trump coin price rising rapidly?

The Trump coin price is rising due to investors' excitement around the Donald Trump memecoin dinner on May 22.

2. Who can attend Donald Trump’s crypto dinner?

Donald Trump is hosting a crypto dinner for his top 220 TRUMP coin holders, so only those 220 can attend.

3. Did the Trump team sell any tokens today?

No, the team has not sold any tokens. Instead, they moved $3.5M worth of TRUMP tokens to exchanges for liquidity amid high demand.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.