Trump Coin Surges 12% Ahead of Gala Dinner with President Trump: Is $16 Next?
The post Trump Coin Surges 12% Ahead of Gala Dinner with President Trump: Is $16 Next? appeared first on Coinpedia Fintech News
The U.S. Pro-crypto President Donald Trump is hosting a gala dinner tomorrow, May 22nd, 2025 (Thursday), with the top holders of the Trump meme coin. This has sparked significant investor excitement, pushing the Trump coin price up by 12.66% in the last 24 hours to $14.56. Adding fuel to the buzz, Tron founder and crypto billionaire Justin Sun announced he is the coin’s biggest holder and will be attending the event.
Trump Coin Price Analysis:
The $TRUMP meme coin is presently changing hands at $14.56, with an intraday gain of 12.66%. The buzz has led to the trading volume chugging up an impressive 153.72% to $1.59 billion. Looking at the 4-hour chart, a bullish impulse could push the TRUMP price beyond $15, targeting the resistance at $15.5-$16.
The 9-D Simple Moving Average is currently trailing the price around $13.55, acting as dynamic support during this uptrend. The RSI reads 70.79, which is just entering overbought territory, often a signal for short-term consolidation. In such a case, the memecoin could make a firm base at $13.20-$13.50.
Also read our Trump Coin Price Prediction 2025, 2026-2030!
FAQs:
The price surge is driven by hype around President Trump’s gala dinner scheduled for tomorrow.
The $TRUMP memecoin is currently trading at $14.56 with a 24-hour price surge of 12.66%.
Key support lies at $13.20–$13.50, while the upper target is at $15.50+ if bullish momentum continues.
Filed under: Bitcoin - @ May 21, 2025 6:19 am