After a sentiment-driven rally, the TRUMP meme coin faced a pullback due to profit-taking — but quickly found support as top holders received exclusive dinner invitations with Donald Trump.
Price Drops as Market Cools Off
TRUMP meme coin slipped to $12.51 on Tuesday following a week of gains. The decline coincided with Bitcoin (BTC) retracing below $101,000 in a broad market cooldown, signaling investor profit-taking. Despite the dip, strong support remains near the $12.11 region — where the 12-hour 50- and 100-EMA indicators align.
Top 220 Holders Receive Trump Dinner Invites
On Monday, the TRUMP team notified the top 220 wallet addresses of their eligibility to attend a private May 22 dinner with former U.S. President Donald Trump. According to the official statement, background checks are currently underway before the final guest list is confirmed. The dinner will be held at Trump National Golf Club in Washington, D.C.
Exclusive Perks: NFTs and Reward Points
Holders attending with the same token count as recorded on the final leaderboard will earn additional perks, including a TRUMP DIAMOND HAND limited edition Solana NFT. The team also introduced the TRUMP Rewards Points Program, which encourages wallet linking and engagement through meme coin competitions.
Bullish Catalyst?
The original dinner announcement in April had sparked a massive surge in TRUMP coin activity, helping the token bounce back from previous losses tied to tariff news. On-chain activity spiked as investors jumped back in, driving momentum.
Key Support Being Tested
Currently, TRUMP price action is testing the $12.11 confluence of 50- and 100-EMA support on the daily chart. If this level holds, it could act as a springboard for another rally. However, if selling pressure increases, the next downside target could be the $10.00 zone — where the previous week's rally began.
Conclusion
The TRUMP meme coin remains highly reactive to headlines and community events. With high-profile incentives like exclusive dinners and NFTs, the team appears focused on keeping top holders engaged — and the market watching.
