⚈ Traders rushed, some of them from profit, and others lost millions of chasing upper sites.
⚈ Critics warn of moral issues, as the distinctive symbol shows an upward momentum, but it approaches the levels of peak.
A portfolio linked to the official Trump team (Trump) was deposited with the distinctive symbols of more than $ 50 million for major exchanges before the next dinner with senior holders and former President Donald Trump.
The portfolio transferred 3.5 million Trump symbols, at a value Data It was retrieved by Finbold from Onchain lens On May 10.
The deal, which is likely to be transmitted to support liquidity, arose from a portfolio devoted at first to provide liquidity during the launch of the distinctive symbol.
Under the distribution, Binance received 1.5 million Trump worth $ 22.41 million; OKX received a million Trump worth $ 15.06 million; Bybit 500,000 icons worth $ 7.53 million; Coinbase 500,000 Trump has been sent at $ 7.48 million.
Find Trump dinner holes
This development comes less than two weeks before dinner on May 22, 2025, which Trump will host in his club in Washington, DC of Golf. This event is exclusive to the best 25 Trump holders, which increased the limits of attention and trading about the distinctive symbol.
It was launched in January 2025 on Solana (SOL) Blockchain, Meme was one of the controversial assets of maximum price fluctuations and strong investor reactions.
Since the announcement of dinner, Trump has sometimes outperformed the broader encryption market, which is fueled by the accumulation of the aggressive whale where investors are competing to reach VIP.
For example, one of the traders has achieved about $ 670,000 in less than 24 hours by transferring 1.18 million Fartcoin (Fartcoin), worth $ 1.22 million, to 78,671 Trump symbols. In contrast, another investor lost $ 2.8 million within an hour of chasing the same opportunity.
Amid the frenzy, critics, especially from the Democratic Party, raised concerns, on the pretext that dinner could constitute a “payment of play” scenario and may violate the items of federal advantages.
Trump price analysis
As of the time of the press, Trump was trading at $ 14.21, an increase of 0.6 % a day and about 12 % over the past week.
The distinctive symbol is approaching the peak purchase area with a 14 -day relative strength index (RSI) in 63 years. At the same time, Trump is currently trading much higher than the simplely simple moving average (SMA) of $ 10.74, enhancing the bullish momentum with reference to the need for caution in the short term.
Distinctive image via Shutterstock
