TRUMP Gala Dinner Event Sparks Interest in 3 Altcoins

Speculation surrounding TRUMP and his exclusive Gala Dinner and White House tour on May 22 for 220 top holders has again sparked interest in a number of altcoins.

Jakarta, Pintu News – Speculation surrounding TRUMP and his exclusive Gala Dinner and White House tour on May 22 for 220 top holders has again sparked interest in a number of altcoins.

While TRUMP remains in the spotlight, other narrative-driven tokens have also started to show a rise ahead of the event. Three altcoins worth keeping an eye on ahead of the event are TRON EOS tokens, and the Official Melania Meme (MELANIA).

Tron (TRX)

Justin Sun, founder of Tron, is confirmed to be attending President Trump’s private dinner for top TRUMP meme coin holders, reinforcing previous speculation regarding his involvement.

According to data from Arkham Intelligence, the cold wallet linked to HTX—the exchange associated with Sun—is currently at the top of the TRUMP leaderboard, making it the largest known TRUMP token holder so far.

Although the identity of the wallet owner has not been officially confirmed, Sun’s confirmed presence at the event has increased the spotlight on TRUMP and Tron (TRX) tokens, and sparked enthusiasm in the crypto community.

These highlights could have a positive impact on TRX’s price movement in the near future. If momentum continues to increase, TRX has the potential to break the resistance level at $0.267, with the next upside target at $0.279.

However, if the current support level of $0.261 fails to hold, the token price could drop to $0.256. If the selling pressure gets stronger, the decline could continue to the $0.250 level, even down to $0.243.

EOS

World Liberty Financial (WLFI) sparked controversy after purchasing EOS for $3 million, which attracted widespread attention from the crypto community.

The purchase—equivalent to 3.64 million EOS tokens—was attributed to WLFI’s growing involvement in crypto projects with political affiliations, especially those related to President Trump.

Since the acquisition, the price of EOS has risen by more than 9%. However, doubts remain as WLFI previously suffered a loss of $125 million due to the alleged sale of ETH at a local low earlier this year.

Even so, there is no evidence to date to indicate any wrongdoing in this EOS transaction. However, WLFI’s relationship with Trump and its financial track record remain under scrutiny.

If the upcoming TRUMP Coin dinner—which WLFI is expected to attend—is successful in pushing up related altcoins, EOS could potentially be boosted by the momentum.

If the buying impulse is strong, EOS could test resistance levels at $0.805 and $0.869. If the positive sentiment continues, the next upside targets are at $0.916 and $0.979.

However, if market confidence weakens and EOS loses support at $0.754, the price could fall quickly to $0.663.

Read also: BONK and DeFi Dev Corp Team Up in Shocking Solana Shakeup!

Official Melania Meme (MELANIA)

MELANIA, a meme coin inspired by First Lady Melania Trump, was launched shortly after the TRUMP meme coin and remains closely associated with the same political narrative.

Although its price has dropped considerably from its all-time high, MELANIA is still benefiting from the trend of politically-themed meme coins. Ahead of Donald Trump’s Gala Dinner for top TRUMP holders, the token could potentially regain market interest.

Although not directly involved in the event, MELANIA may be boosted by the spillover effect of the TRUMP ecosystem.

In recent weeks, MELANIA had surged by 50%, before dropping by 23.4% in the last seven days—demonstrating high volatility.

If the downward trend continues, the token could potentially test important support levels at $0.316 and $0.306. If the price falls below $0.30, it could mark a new historical low.

However, if market sentiment turns positive and momentum returns, MELANIA could recover to the resistance area at $0.362. If it manages to break the level, the next upside target is at $0.427 and could even reach $0.487 if the rally strengthens.

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