Trump announced that on May 22, he will host a dinner for $TRUMP holders at his golf club in Washington.

Eligibility for invitation requires being among the top 220 holders of $TRUMP from April 23 to May 12, with the top 25 also able to attend an exclusive reception and a VIP tour of the White House.

In light of this, before the counting deadline on May 12, $TRUMP is likely to remain relatively resilient.

Many people are purchasing $TRUMP specifically for the dinner, and there is insufficient selling pressure before the list is finalized.

However, once the ranking statistics are completed on May 12, the situation will be entirely different.

At that time, many who hold the currency solely for the dinner may sell off in large quantities, putting downward pressure on the coin's price.

Therefore, May 12 is likely to become a turning point for $TRUMP's market sentiment. Investors must closely monitor price fluctuations and cautiously adjust their positions around this timeframe.