Memes

TRUMP’s Post-Dinner Silence Leaves Traders Nervous

TRUMP has shown surprising stability in the last 24 hours, trading at $12.82 despite the broader cryptocurrency market declining by 1.5% and the meme coin's dinner leaving investors disappointed.

Key Takeaways

  • Current Price: TRUMP trades at $12.82, showing resilience amid a broader market dip.

  • Post-Dinner Reaction: The May 22 dinner with 220 top holders failed to spark a rally, but brought media attention.

  • Technical Analysis: Indicators suggest TRUMP may be nearing a bottom, opening the door for a potential rebound.

  • Volume Drop: A notable decline in trading volume indicates waning short-term interest.
  • Medium-Term Potential: With Trump’s continued promotion, TRUMP could still surge to $20 by the end of Q3 2025.

 

Is Another TRUMP Pump Coming?

Disappointing Dinner

A buzzworthy yet ultimately disappointing dinner event was hosted by Donald Trump himself on May 22nd, gathering the 220 largest holders of the TRUMP token.

Notable guests included Tron founder Justin Sun and NBA champion Lamar Odom, giving the event considerable visibility within the crypto community.

 

TRUMP's Meme Coin Dinner

TRUMP Holders Attending The Dinner

Source: X (@sheldonbitmart)

 

Yet, while the spectacle briefly energized interest, TRUMP’s price has continued a slow downward trajectory, slipping 2% over the past week and 13.5% over the past month.

From ATH To Bearish Ground:

TRUMP’s all-time high of $73.43, reached on January 19th which was also the day before Trump’s inauguration, now seems like a distant memory. Since then, the meme coin has plummeted by over 82%, eroding much of the hype that initially fueled its meteoric rise.

Despite this stark correction, the United States President’s active promotion and public appearances suggest that TRUMP is far from a forgotten asset. With his reputation for turning attention into action, many traders believe another rally could be in the works.

 

Technical Indicators Signal Weakness

A Bottom In Sight?

Current market indicators suggest TRUMP may be approaching a local bottom. Its 30-day moving average is nearing a crossover below the 200-day moving average, a classic bearish signal known as the “death cross.”

This typically signals a short-term selloff but may also reset the stage for a potential rebound.

 

TRUMP’s Chart Indicating A Potential Bottom

Source: TradingView

 

RSI Points To Oversold Territory

TRUMP’s Relative Strength Index (RSI) has dropped below 50 and appears to be heading toward the 30 mark. If it crosses below this threshold, the token will enter oversold territory, a traditional precursor to a potential bounce.

 

Declining Volume Suggests Waning Interest

TRUMP’s daily trading volume has dropped to $560 million, its lowest level since mid-April. The sharp decline reflects a cooling of interest, possibly as traders adopt a wait-and-see approach after the dinner failed to deliver immediate price action.

Still, the presence of high-profile attendees like Justin Sun and Lamar Odom signals that TRUMP has backing from influential figures in both tech and entertainment.

Is Another Rally Possible?

Despite current weakness, TRUMP’s association with a media-savvy figure like Donald Trump gives it a unique edge among meme coins. His unpredictable and provocative behavior could easily reignite enthusiasm and push TRUMP into another rally.

TRUMP could fall further to test support around $12, especially if volume continues to decline and no new announcements surface.

Medium-Term Outlook (Q3 2025)

Assuming Donald Trump remains actively involved and triggers another wave of media attention or political spectacle, TRUMP could mount a recovery toward $20. This would represent a 56% increase from current levels, a feasible target if speculative momentum returns.

 

FAQ

What is TRUMP?

TRUMP is a meme-based cryptocurrency associated with U.S. President Donald Trump. It functions largely on hype, sentiment, and Trump’s public engagement.

Why did TRUMP fall after the dinner?

Despite high expectations, the May 22nd dinner did not lead to any major announcements or endorsements beyond attendance. As a result, many investors were left uncertain, leading to a dip in interest and price.

Is TRUMP a good investment?

As with all meme coins, TRUMP is highly speculative and volatile. While it may benefit from media-driven pumps, its long-term fundamentals are uncertain. Invest cautiously and never risk more than you can afford to lose.

Could TRUMP reach its ATH again?

While possible, returning to its ATH of $73.43 would require major media events, high-volume trading, and renewed investor enthusiasm. As of now, a return to $20 is more realistic in the medium term.

CryptoDinnerDonald TrumpMeme Coin

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Haider Jamal

Content Strategist

Haider is a fintech enthusiast and Content Strategist at CryptoWeekly with over four years in the Crypto & Blockchain industry. He began his writing journey with a blog after graduating from Monash University Malaysia. Passionate about storytelling and content creation, he blends creativity with insight. Haider is driven to grow professionally while always seeking the next big idea.

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