TRUMP surged on May 21, 2025, becoming one of the highest-performing coins in the market.

According to CoinMarketCap, the price of TRUMP tokens is currently trading at around $14.40, up about 10.4% from 24 hours prior.

May 21 saw TRUMP surging and becoming one of the highest-performing coins on the market. According to CoinMarketCap, the price of TRUMP tokens is currently trading at around $14.4, up about 10.4% in the past 24 hours.

This spike occurred with very high trading volume (around $1.8–1.9 billion traded in the past day), indicating significant buying demand. CoinGecko data recorded a 146% increase in daily volume compared to the previous day. The price surge coincides with strong publicity surrounding the exclusive event hosted by Trump, a VIP dinner promised for the largest TRUMP holders.

Exclusive Trump dinner for top coin owners

The buying frenzy may have sparked the recent TRUMP token price surge, driven by news that President Trump would host a private dinner on May 22 for his biggest supporters of the token.

The invite-only event will take place at Trump National Golf Club outside Washington, DC (in Virginia). Companies affiliated with Trump announced the dinner on April 23, describing it as "the most exclusive invitation in the world."

The invitation is only for the top 220 $TRUMP holders (based on purchase rankings). Campaign materials specify that it will be a "private dinner, black tie optional at Trump’s Virginia golf club" for those wallet holders.

Additionally, the top 25 wallets among the 220 will receive special VIP privileges – specifically, a private reception with Trump and a guided tour in Washington DC.

This exclusive rewards program has transformed the market. The mere announcement of the dinner (and the contest) in April caused the price of TRUMP tokens to "skyrocket over 50%." (That surge was followed by a brief pullback after details were clarified.)

As the deadline approaches, holders have positioned themselves on the leaderboard. Wired reports that the threshold to qualify for the dinner is at least around 4,196 TRUMP tokens (approximately $55,000 at the time), and the leading holders ultimately possess hundreds of thousands or even millions of coins each.

Branches of President Trump (through CIC Digital LLC and Fight Fight Fight LLC) control 80% of the token supply, highlighting how closely managed the project is by Trump's inner circle.

Justin Sun tops the list of holders and will attend the dinner

Part of the recent excitement stems from the social media activity of billionaire cryptocurrency investor Justin Sun. On May 20, Sun, the founder of Tron and a cryptocurrency advisor to Trump, confirmed via his X (Twitter) account that he is the largest holder of $TRUMP and will attend the dinner on Thursday.

He thanked Trump and GetTrumpMemes for the invitation, referring to himself as a “super fan” of the president and said he was “excited to connect with people, talk about cryptocurrency, and discuss the future of our industry.”

On-chain data confirms Sun's overwhelmingly large stake. Blockchain records show wallets controlled by Sun hold over $21 million in TRUMP as of the time of writing.

Other anonymous cryptocurrency investors also claimed positions on the leaderboard, but Sun's public confirmation dispelled any doubts about his standing. Sun's entry into the leaderboard race is widely seen as a confidence booster for smaller investors.

Technical analysis of the TRUMP coin: Is $19 the next level?

From a technical chart perspective, TRUMP has broken out of its recent trading range and shows bullish signals. The token has bounced off the 20-day exponential moving average (EMA) at around $12.99, using that level as dynamic support.

The price of TRUMP tokens at the time of writing is $14.4, which is significantly above the 20-day EMA, indicating that the short-term trend has turned positive.

Other indicators reinforce this view: the Directional Movement Index (DMI) on the daily chart shows the positive directional index (+DI) clearly higher than the negative directional index (–DI), with the gap widening. In technical analysis, that setup often indicates stronger bullish momentum than bearish.

If this upward momentum is maintained, the price of TRUMP tokens could increase further. Specifically, a sustained move above the 20-day EMA could push the price to around $19.3.

A reversal below the EMA at $12.99 would negate the short-term bullish trend. In that case, a deeper pullback to around $10–11 could occur. Currently, key technical support lies around the mid-$12 range, and the resistance to watch will be mid to high $19.