The TRUMP memecoin related to US President Donald Trump has made headlines after surging over 60% in a single day.
Trump has announced an exclusive dinner for holders of the Trump coin worth $220, sparking heated discussions in the community. Subsequently, the price of the memecoin surged to over $16, an increase of over 58%. Previously, the coin had dropped by 88%, but rebounded strongly yesterday. The current trading price is $12.22, up over 30%.
Is this hype real? Source: WeChat official account Feng Baobao on baked sweet potatoes.
Analyst Greg Miller has revealed key developments for Trump Media, such as the upcoming cryptocurrency ETFs from Crypto.com and Yorkville, legal support from top law firm Davis Polk, and the launch of a $1 stablecoin backed by US Treasury bonds. Currently, Trump Media's market capitalization has reached $2.58 billion, with trading volume skyrocketing to $1.41 billion; the hype is indeed present, and so is the liquidity.
As of July 18, 2025, more than 205,000 Bitcoin are being unlocked every day, and some warn that this surge may be temporary, with Bitcoin prices potentially facing significant sell-off pressure once the dinner frenzy subsides.
Dining with Trump—Is it a risk?
However, some in the community have issued warnings. The Trump family's foray into the cryptocurrency space has raised concerns about conflicts of interest. Critics like Tony Carrk from Accountable.US have labeled Trump's plan to dine with $TRUMP token holders as 'presidential fraud,' worrying that it could lead to special interest groups influencing the government.
While some consider Trump a lasting political phenomenon, others view it as a dangerous meme coin that is on the verge of correction.
If interest in meme coins revives and Trump gains political support, analysts predict that by the end of 2025, meme coin prices could reach $70 to $100. However, with the continued unlocking of tokens and sell-off pressure, prices could drop to $5 or lower, especially in the absence of a broader market recovery.
