TRUMP, the Memecoin Inspired by President Donald Trump, Has Been Making Headlines Again - The VR Soldier

TRUMP, the memecoin inspired by President Donald Trump, has been making headlines again—this time for soaring more than 70% in a matter of days.

The memecoin TRUMP, which is inspired by President Donald Trump, has been making headlines again. This time, it’s for soaring more than 70% in just a matter of days. The sharp price rally saw the token touch the $15 mark after news broke that the top 220 holders would receive an exclusive invitation to a private gala with Trump on May 22.

The announcement acted as a powerful catalyst, launching TRUMP past key resistance levels. At the time of writing, the token moved at $14.98, notated a 24-hour gain of 16.1%, and was accompanied by a massive 45% spike in trading volume. But beneath the surface, on-chain data is flashing some signals that the hype might soon meet a reality check.

TRUMP Price Today Surges 70% as Top 220 Holders Are Invited to Private Gala with TrumpMay 22

The market is bullish on TRUMP, but some investors might be bailing out. Spot inflow metrics revealed that $28.51 million worth of TRUMP has flowed into exchanges in just the past two days.

Historically, large influxes like this have often preceded price corrections, as they may suggest that some whales or early holders are preparing to take profits.

While the bulk of the TRUMP price action began around March, this recent buildup in exchange inflow could be indicating a classic “sell the news” setup, especially if price momentum begins to stall near a key resistance.

According to the latest data from Coinglass, TRUMP derivatives traders are largely bullish. Long positions currently stand at $32.55 million, compared to short positions at $6.36 million. The long/short ratio is at 1.08, and OI has increased by 15%.

Most of this activity has clustered between the $13.09 support and $15.19 resistance. A breakout above $15.19 could quickly spark a continuation move.

Critical Resistance Zone Could Impact TRUMP Token Price Next

Technically speaking, $15.19 has emerged as a make-or-break zone for TRUMP. It was previously a strong support before being flipped into resistance during a period of broader market weakness tied to tariff concerns.

If TRUMP manages to close a daily candle above $15.50, it could trigger a 35% surge toward the next target at $21.25. However, failure to break past this resistance could lead to a consolidation phase or even a reversal.

Ultimately, the sustainability of TRUMP’s rally will hinge on whether the hype translates into sustained buying pressure. Will the gala generate enough interest to propel TRUMP to new highs, or will the momentum fizzle out once the event's headlines fade? Only time will tell how this story unfolds.