TRUMP Meme Coin Surges 13% as Investor Interest Grows Ahead of Exclusive Dinner
The Solana-based meme coin #TRUMP has increased by 13% in the past 24 hours, reaching $14.50 with a market capitalization nearing $3 billion. Anticipation builds for an exclusive dinner tomorrow where former President Donald Trump will meet the top 220 TRUMP token holders at his Virginia golf club.
Key points:
- TRUMP ranks among the top market gainers due to investor enthusiasm ahead of the dinner.
- Justin Sun, founder of Tron, disclosed he is the largest holder of TRUMP, boosting buying pressure.
- Technical analysis indicates potential continued upward momentum, with support at $12.99.
- Current trading price is $14.32, with a possible target of $19.28 if demand increases.
- Profit-taking could lead to a decline towards $10.76 if support is breached.
- Meme coin market activity is increasing, with other coins like #DOGE, #PEPE, and #BONK also showing gains.
TRUMP Price 20-EMA. Source: TradingView