The exclusive dinner drives a big pump in Trump coin; understand the past and present of Trump coin in one article.

Introduction

As a meme coin closely related to former U.S. President Donald Trump, the Trump coin (TRUMP) showed significant market dynamism in April 2025. The price of TRUMP soared by more than 60% on April 23 to reach a maximum of $16 due to the Trump’s dinner event. At the same time, the Trump administration’s lax policy on cryptocurrency regulation has provided a favorable environment for digital assets such as TRUMP. This article will provide investors with a clear reference for the latest market performance, key influencing factors and future trends of TRUMP.

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The Origin of TRUMP Token: The Crypto Pioneer of Celebrity Effect

The Trump Coin (TRUMP) is a meme coin issued by the current US President Donald Trump, which is closely linked to his public image and political influence. According to Gate.io data, TRUMP hit an all-time high of $78.10 in January 2025, and its market capitalization once exceeded $7.8 billion. As of April 29, 2025, its price is stable at $14.48, with a market capitalization of approximately $2.89 billion, a circulating supply of 199.99 million, and a total supply of 1 billion. Despite the price retreating from its all-time highs, TRUMP still occupies an important position in the meme coin market due to its unique political attributes.

The Trump administration’s friendly attitude towards cryptocurrencies is a significant driving force behind the performance of TRUMP prices. Since Trump took office as President of the United States, the Trump administration has consistently reduced law enforcement against cryptocurrencies and relaxed industry regulations, creating a favorable environment for assets like TRUMP.

In addition, Trump’s statements on the X platform further boosted market confidence. For example, in a post on X dated October 31, 2024, he expressed support for Bitcoin and promised to end restrictions on cryptocurrencies, which indirectly boosted investor sentiment for TRUMP.

Recent Market Performance: Trump Dinner Triggers Surge in TRUMP

On April 24, 2025, news that front-row holders of TRUMP Meme coins could win VIP dinner qualifications and even meet the president triggered a surge in token trading activity, causing the TRUMP token price to skyrocket by 60% in a single day.

According to the TRUMP Meme official website, a private dinner will be held at the Trump National Golf Club on May 22, 2025, inviting the top 220 TRUMP purchasers to attend, with the top 25 enjoying VIP reception and a visit to the White House the next day. Additionally, participants will receive a limited edition TRUMP NFT, which significantly increased market attention towards TRUMP.

According to on-chain data, with on-chain transfers reaching up to $2.4 billion, on-chain activity surged by 200%, setting the highest daily trading volume on CEX since mid-February.

The Impact of Token Unlock Delay: 90-Day Delay, Reduced Selling Pressure

The planned release of 40 million TRUMP tokens has been delayed by 90 days, as announced on the X platform. It is clear that the postponement of the unlock may alleviate market concerns about oversupply, thereby providing support for the recent price increase.

However, future unlocking events may still trigger market fluctuations, and investors need to remain vigilant.

Conclusion

Trump Coin ( TRUMP ) has recently shown strong market performance, with an upcoming private dinner driving the TRUMP price up more than 60% on April 24 and maintaining a strong trend to this day.

However, both political opponents and morality advocates have questioned the president’s practice of giving exclusivity to those who buy his meme coins. As the dinner event deadline approaches, holders transfer funds back on-chain to qualify for participation, which is expected to trigger a new round of activity. However, risks such as political uncertainty, token unlocking pressure, and market volatility cannot be ignored. Investors should fully assess the market dynamics and exercise caution when participating in TRUMP investments.

Risk Warning: The cryptocurrency market is highly volatile, and the price of TRUMP may be affected by regulatory policies, the rise of competitors, and other factors, leading to discrepancies between actual performance and expectations.

Author: Charle A., Gate.io researcher *This article only represents the author’s views and does not constitute any trading advice. Investment carries risks, and decisions should be made cautiously. *This content is original and copyrighted by Gate.io. If reprinting is required, please indicate the author and source; otherwise, legal responsibility will be pursued.