If you own $TRUMP tokens, you could get the chance to have dinner with President Trump?
On April 23, the price of Official Trump (TRUMP) skyrocketed by 52% following the announcement of an exclusive dinner with U.S. President Donald Trump for top holders.
Although TRUMP is currently trading 84% below its all-time high, it remains in the top 10 by trading volume. In fact, excluding stablecoins, only four cryptocurrencies surpassed TRUMP's impressive $3.84 billion 24-hour volume.
Despite the strong trading activity, a single promotional event with President Trump is unlikely to generate long-term demand for the TRUMP memecoin, making the current price of $13.5 uncertain. If the project fails to address investor concerns about token unlocks, it will be difficult to justify a price that is more than 50% higher than cryptocurrencies with actual utility and growth potential.
