Trump Coin’s Wild Ride: 50% Surge as Dinner Buzz Turns Investors into Frenzied Fans

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Well, well, well. The Official Trump coin has gone from a dud to a sensation, spiking nearly 50% as a dinner invite fuels the frenzy. It’s almost like watching a rollercoaster ride that no one asked for but can’t seem to stop riding. Since the launch of this “memecoin,” investors have been on a wild ride—some calling for new highs, others mocking its erratic behavior. But as the big dinner day looms closer, the bulls are finally starting to stampede. Let’s unpack this mess.

Why is the Trump Coin Price Soaring?

Let’s start with the basics. When Trump’s memecoin first dropped, it was like a rock star making an entrance—peaking at a jaw-dropping $75.35. But as with all good things, the hype eventually fizzled, and the price crashed harder than a celebrity’s reputation after a scandal. For a while, the coin was practically collecting dust below $10. But then, just when we thought it was safe to ignore it, Trump comes out with a dinner invite for the top holders. And voilà, the coin’s price starts climbing again like it’s trying to impress someone. Must be a nice dinner!

On May 5, Trump announced a TRUMP memecoin dinner for the 220 lucky top holders. With such an exclusive guest list, investors scrambled to snag some tokens. And just like that, the price starts to rise like a balloon at a parade. Who knew dinner could be this profitable?

At this point, the coin is trading at $14.28, marking a nearly 50% surge in just four days. Over the past month, it’s up a staggering 80%. Investors are getting giddy with anticipation for the May 22 dinner. And to top it off, the entire crypto market is showing signs of life, which is helping lift Trump’s little memecoin back into the limelight.

Even Ethereum is partying, surpassing $2.3k, and Bitcoin took a brief joyride above $104k. Could this be the start of a crypto renaissance, or is everyone just riding the Trump train to nowhere?

Trump Coin Trades Fuel Liquidity Demand and Price

Here’s where it gets interesting. According to CoinGlass data, traders are bullish on the Trump memecoin, with twice as many long positions as short ones. It’s like everyone’s betting on the coin’s success, hoping it turns into the next big thing. Binance and other exchanges are buzzing with activity.

The coin’s trading volume is sitting pretty at $2.36B, and open interest is growing, signaling that people just can’t get enough. To keep things flowing smoothly, the TRUMP memecoin team moved 3.5 million tokens to exchanges to ensure there’s enough liquidity. No, they didn’t sell them—just made sure people can buy and sell like it’s a Black Friday sale.

And in a move that can only be described as strategic, the team also relocked recently unlocked tokens. Why? Well, they’re making sure that only the top holders (you know, the ones who get the fancy dinner invite) have enough tokens to show off. Experts are now predicting that this memecoin’s price might just hit $45 or higher. If the trend continues, we might all be looking at a new crypto superstar.

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2025-05-10 15:08