TRUMP meme currency recovers when top holders learn about Trump meal
After a sentiment-driven spike, TRUMP meme coin falls due to profit-taking.
Leaderboard top 220 TRUMP holders got May 22 dinner notifications before background checks.
TRUMP NFTs are awarded after meme coin competition.
TRUMP meme coin may maintain 12-hour 50- and 100-EMA confluence support at $12.11.
TRUMP joke currency fell to $12.51 on Tuesday. After over a week of advances, Bitcoin (BTC) has retraced below $101,000 in a large bearish wave, suggesting profit-taking. Leaderboard top 220 holders have been informed about the private dinner with US President Donald Trump.
Top 220 TRUMP meme currency holders get dinner invites
ON Monday, the TRUMP meme currency team informed the top 220 holders about the May 22 VIP dinner with President Trump. X states that "there will be background checks that need to be completed," before releasing the final list of attendance. Trump National Golf Club in Washington, D.C. will host the dinner.
Holders with the same number of TRUMP tokens at dinner as on the final leaderboard will get extra benefits. The holder cohort will get "a TRUMP DIAMOND HAND limited edition TRUMP SOLANA NFT."
The TRUMP meme coin team created the "TRUMP REWARDS POINTS PROGRAM," encouraging holders to link wallets and earn.
The April dinner announcement skyrocketed TRUMP meme coin, speeding recovery from the tariff slump. The meme coin's on-chain activity increased when investors rediscovered it.
TRUMP meme coins slide, testing crucial support.
At $14.72, the 12-hour 200 Exponential Moving Average (EMA) shows significant liquidity, halting the Official Trump meme coin's ascent from $10.00 the week before.
TRUMP's price is at $12.51, challenging the 50- and 100-EMA confluence support at $12.11 on the daily chart.
Traders will watch on whether the confluence support region around $12.11 can withstand selling pressure. In case TRUMP's falls outweigh support, the next tentative target at $10.00 might be tried.
#TradeLessons #CryptoCPIWatch #TRUMP $BTC $TRUMP
