TRUMP (TRUMP) and Melania Trump (MELANIA) Meme Coins Rise Ahead of President Trump's Private Dinner for Top Holders

While TRUMP remains in the spotlight, other narrative-driven tokens have also started to show a rise ahead of the event.

As the anticipation for President Trump's exclusive Gala Dinner and White House tour on May 22 for 220 top holders of the TRUMP meme coin continues to build, speculation has once again turned to 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 (TRX) tokens, the Official Melania Meme (MELANIA), and EOS tokens.

Tron (TRX)

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

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

Despite the lack of official confirmation regarding the identity of the wallet owner, Sun's confirmed presence at the event has brought a renewed focus on TRUMP and Tron (TRX) tokens, sparking enthusiasm within 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 discussion after purchasing EOS for $3 billion, which drew attention from the crypto community.

The purchase-which equals 3.64 million EOS tokens-is part of WLFI's 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.

Still, no evidence to date indicates any wrongdoing in this EOS transaction. However, WLFI's relationship with Trump and its financial track record are still being questioned.

If the upcoming TRUMP Coin dinner, which WLFI is expected to attend, successfully pushes up related altcoins, EOS could 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.

Official Melania Meme (MELANIA)

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

While its price has dropped significantly 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 the top holders of the TRUMP meme coin, the token could potentially regain market interest.

Though 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.