Former President Donald Trump Hosts Exclusive Dinner Tonight With Over 200 Top TRUMP Meme Coin Investors

In a dramatic collision of politics, finance, and digital currency, former President Donald Trump is hosting an exclusive dinner tonight at his golf club near Washington, D.C. The gathering includes over 200 top investors

Former President Donald Trump is hosting an exclusive dinner at his golf club, a short drive from Washington, D.C., on Thursday evening. The event will bring together over 200 top investors in the TRUMP meme coin, either current or previous holders of significant amounts of the token.

As the cryptocurrency continues to experience a surge in price and trading volume, the dinner marks a pivotal moment not only for the token’s short-term momentum but also for its long-term credibility. Especially considering that a new TRUMP-related product is expected to be unveiled during the dinner, a move which could have a significant impact on the token’s future.

The TRUMP coin has risen 9.59% over the past 24 hours, reaching $15.80 by 06:38 UTC. This follows a steady increase from $14.50 earlier in the day. As for trading volume, it has soared to $2.36 billion, up over 35%, signaling renewed interest from both retail and institutional investors.

Moreover, market cap has swelled to $3.16 billion, despite only about 20% of the token’s maximum supply being in circulation. This tight supply structure adds a layer of volatility, making sharp price movements more likely.

The coin now flirts with critical resistance at $15.80, with the psychological level of $16.0 being directly above. On the downside, support seems firm at $14.80, a zone where price consolidated before the latest breakout.

While the momentum remains strong, the Relative Strength Index (RSI) reading of 65.19 suggests a nearing overbought condition.

Among the dinner attendees is Justin Sun, founder of the TRON blockchain, who recently revealed being the top TRUMP token holder. His involvement not only lends credibility but also introduces TRON’s global community to the TRUMP token’s potential.

Sun will also participate in a private tour of the White House, a symbolic gesture blending digital asset enthusiasm with political influence. Besides, Sun’s presence could hint at future collaborations between TRUMP and TRON ecosystems. Such a partnership might expand utility or introduce cross-chain functionalities, further fueling investor enthusiasm.

However, despite the current hype, long-term projections suggest a sobering picture. According to Coincdex analysts, TRUMP may close 2025 within a range of $5.40 to $6.08. This forecast represents a potential 63% drop from current prices. Still, for short-term traders, there’s still room for profit if they exit before the predicted retracement.