#dinnerwithtrump Will $TRUMP make us millionaires or is it exhausted?
The meme coin $TRUMP has once again captured attention. Following President Trump's announcement of a private dinner for the top 220 holders, the token price skyrocketed nearly 50% in a single day, reaching $14.70, the highest since March.
Launched in January 2025, $TRUMP quickly surged to a peak of $75, with a market capitalization of $29 billion. However, it then fell to around $8, raising concerns about its sustainability. Currently, the coin is trading at approximately $14.70, with a market capitalization of $2.6 billion, ranking 37th among the largest cryptocurrencies.
Analysts offer optimistic forecasts: CoinCodex predicts an average price of $133.19 in 2025, with potential peaks of $234.64. However, ownership of the coin is highly concentrated, with 80% of the tokens controlled by entities affiliated with Trump, raising risks of price manipulation.
While TRUMP has the potential to generate significant returns, it is essential to recognize the volatility and speculative nature of meme coins. Investors should exercise caution and conduct thorough research before investing.
TRUMP
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