TRUMP commemorative coin surges 60% after Mar-a-Lago event announcement


Trump’s official coin (TRUMP) surged more than 60% after news of an exclusive crypto and business conference at Mar-a-Lago, where President Donald Trump is scheduled to deliver a keynote address.

CoinMarketCap data shows that the Solana-based token rose from around $0.27 to around $0.45 as traders rushed to stock up before lunch on April 25.

According to data tracked by Lookonchain, big investors are piling up the TRUMP token. As mentioned, the three newly created wallets have withdrawn 2.5 million TRUMPs from Binance in the last 24 hours, worth approximately $8.8 million.

One of the traders who withdrew 2 million TRUMP, worth about $6.9 million, previously lost more than $15 million on MELANIA, the official meme token launched by First Lady Melania Trump.

TRUMP was trading at $4.2 at press time, up 50% on the previous day. Trading volume increased nearly 1,000% to over $1 billion, placing TRUMP in the 24-hour ranking ahead of RENDER, RIVER, DEXE, TAO and NIGHT.

Billed as a limited-access gathering for crypto and business leaders, the event will host only 297 attendees, along with 18 high-profile guests. Requirements for entry to the leaderboard system are linked to holdings of the TRUMP token.

The top 29 finishers on the leaderboard will receive VIP privileges that include a private reception with Trump, a talk about the history of Mar-a-Lago and priority seating during the main event.

The announcement follows the TRUMP Gala dinner last May, where President Trump hosted a prestigious black-tie event at the Trump National Golf Club for leading TRUMP badge holders.

News of the gala dinner sent the TRUMP token up more than 70% at the time.

Disclosure: This article was edited by Vivian Nguyen. For more information on how to create and review content, see our Editorial Policy.


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