Here’s Why TRUMP Coin Price Rallying Today: Is $19 Next?

TRUMP coin price jumped sharply in price on May 21, 2025, becoming one of the market’s top performers.

According to CoinMarketCap, the TRUMP token price is currently trading at around $14.40, roughly 10.4% higher than 24 hours earlier.

This surge has occurred on very heavy volume (roughly $1.8–$1.9 billion of trading in the last day), suggesting significant buying interest.

CoinGecko data notes daily volume up 146% from the day prior. The price rally coincides with intensified publicity around an exclusive Trump-hosted event, a VIP dinner promised to the largest TRUMP holders.

Exclusive Trump Dinner for Top Coin Holders

The buying frenzy could have sparked the recent TRUMP token price rally, driven by news that President Trump will host a private dinner on May 22 for his token’s biggest backers.

The invitation-only event will take place at Trump National Golf Club outside Washington, D.C. (in Virginia). Trump-affiliated firms announced the dinner on April 23, describing it as “the most exclusive invitation in the world”.

Invitations go only to the top 220 $TRUMP holders (based on a leaderboard of purchases). The campaign’s materials spell out that it will be an “intimate, black-tie-optional dinner at Trump’s Virginia golf club” for those wallets.

In addition, the 25 largest wallets among those 220 will receive special VIP perks – namely, a private reception with Trump and a guided D.C. tour.

This exclusive reward scheme has already moved markets. The mere announcement of the dinner (and competition) in April caused the TRUMP token price to “spike more than 50%”. (That surge was followed by a brief pullback once details were clarified.)

As the deadline approaches, holders have positioned themselves on the leaderboard. Wired reports that the threshold to qualify for the dinner was at least about 4,196 TRUMP tokens (roughly $55,000 at the time), and the eventual leaders held hundreds of thousands or even millions of coins each.

President Trump’s affiliates (through CIC Digital LLC and Fight Fight Fight LLC) control 80% of the token supply, underscoring how tightly the project is managed by Trump’s circle.

Justin Sun Tops Holder List, Will Attend Dinner

Part of the recent buzz stems from billionaire crypto investor Justin Sun’s social-media activity. On May 20, Sun, founder of Tron and a Trump crypto adviser, confirmed via his X (Twitter) account that he is the largest $TRUMP holder and will attend Thursday’s dinner.

He thanked Trump and GetTrumpMemes for the invite, calling himself the president’s “TOP fan” and saying he was “excited to connect with everyone, talk crypto, and discuss the future of our industry”.

On-chain data confirm Sun’s outsized stake. Blockchain records show the wallet Sun controls held over $21 million worth of TRUMP as of writing.

Other unnamed crypto investors also claim positions on the leaderboard, but Sun’s public confirmation removes any doubt about his status. Sun’s entry into the leaderboard race is widely seen as a confidence boost for smaller investors.

TRUMP Coin Technical Analysis: Is $19 Next?

From a chart-technical perspective, TRUMP has broken out of a recent trading range and shows bullish signals. The token has bounced off its 20-day exponential moving average (EMA) at about $12.99, using that level as dynamic support.

TRUMP token price, as of writing, is $14.4, comfortably above this 20-day EMA, suggesting the short-term trend has flipped positive.

Other indicators reinforce this view: the Directional Movement Index (DMI) on the daily chart shows the positive directional index (+DI) clearly above the negative index (–DI), with the gap widening. In technical analysis, that setup typically indicates stronger bullish momentum than bearish.

If the momentum holds, the TRUMP token price could rally further. Specifically, a sustained move above the 20-day EMA might drive the price toward roughly $19.3.

A reversal back below the $12.99 EMA would negate the short-term uptrend. In that case, a deeper pullback to around $10–11 could occur. For now, key technical support sits near the mid-$12s, and resistance zones to watch would be in the mid-to-high $19.

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