$TRUMP Dinner Event and Market Volatility

Trump announced that on May 22 he will invite the top 220 holders of TRUMP coins to dinner, with the top 25 able to participate in a VIP event at the White House. After the news was announced, TRUMP coins surged 60% within 24 hours, reaching a peak of $15.84 before falling back to around $12. The total circulation of this token is approximately 200 million, but the team holds 80% of the tokens, which will be gradually unlocked over the next three years. Some investors are concerned about selling pressure from unlocks; on April 18, 40 million tokens (worth $320 million) were released, leading to short-term market volatility.