- Price Surge: The Trump coin experienced a significant increase in value, surging nearly 80% initially due to the announcement of the exclusive dinner event for top holders. This indicates strong investor interest and excitement surrounding the event.
- Price Correction: After the initial spike, the coin's price retraced to below $13, but it remained up 43% over the past 24 hours. This suggests that while the initial enthusiasm led to a sharp increase, the market adjusted slightly afterward.
- Trading Activity: The TRUMP/USDC trading pair saw more than 1,500 transactions within the day, reflecting active trading and engagement from the community. Despite the price correction, the token's value climbed more than 56% over the last 24 hours.
These movements highlight the impact of promotional events on cryptocurrency prices and trading activity, demonstrating how announcements can drive significant market behavior.
