TRUMP rallies as investors eye dinner with the former President and bold predictions for June
Trump Coin $TRUMP , the so-called “Official Trump” token, is making headlines with a massive rally, gaining serious momentum over the past few weeks. The memecoin is up 10.8% in 24 hours, 7.8% over the week, 29.5% in 14 days, and a staggering 70.7% over the past month—and the rally might not be over yet.
What’s Fueling the Trump Coin Surge?
One of the biggest catalysts for TRUMP’s surge appears to be a private dinner reportedly hosted by former President Donald Trump for top holders of the token. Among those expected to attend is TRON founder Justin Sun, who claims to be the largest TRUMP holder with a $18.6 million investment.
This high-profile event has ignited speculation that Trump is warming up to crypto and might play a larger role in the space fueling investor excitement around the token bearing his name.
Riding Bitcoin’s Coattails?
Trump Coin’s rally also coincides with Bitcoin $BTC pushing toward a new all-time high. BTC recently hit $107,000, and although it’s struggling to break through $108,000, its bullish momentum may be lifting the entire altcoin market including TRUMP.
$67 by June?
According to CoinCodex, TRUMP could be headed much higher. Analysts forecast that the token could surge to $67.67 by June 28, marking a 374.5% increase from its current price levels. If this prediction holds true, the memecoin could soon be trading at levels few imagined possible.
But Is It All Just Hype?
Despite the bullish projections, not everyone is convinced. Critics point out that Trump Coin lacks real-world utility and is heavily dependent on speculative hype, particularly surrounding Trump’s personal and political brand. While the dinner gala and media buzz could trigger more buying, a sharp correction could follow just as quickly.
