The reason why the price of TRUMP coin is rising to the sky today: Is the next price supposed to be 19 dollars?

TRUMP rise to the sky on May 21, 2025, becoming one of the highest performing currencies in the market. According to CoinMarketCap, the price of the TRUMP token is currently trading at around $14.40, which is approximately 10.4% higher than 24 hours ago. This sudden surge occurred with a very large trading volume of approximately 1.8–1.9 billion dollars traded in the past day, indicating significant buying demand. CoinGecko data records a daily trading volume rise to the sky of 146% compared to the previous day. The price increase coincides with the strong publicity surrounding the exclusive event hosted by Trump, a VIP dinner promised for the largest holders of TRUMP. Trump's exclusive dinner for top coin holders The buying frenzy may have sparked the recent price rise of the TRUMP token, driven by news that President Trump will host a private dinner on May 22 for his biggest supporters of his token. The invitation-only event will take place at Trump National Golf Club outside Washington, DC ( in Virginia). Companies affiliated with Trump have announced a dinner on April 23, describing it as "the most exclusive invitation in the world." The invitation is only for the top 220 holders of $TRUMP ( based on the purchase ranking ). The campaign's documentation states that it will be a "private dinner, optional black tie at Trump's Virginia golf club" for those who own this wallet. In addition, the 25 largest wallets out of the 220 will receive special VIP privileges – specifically, a private reception with Trump and a guided tour in Washington DC. This exclusive reward program has changed the market. Just the announcement of the dinner ( and the competition ) in April caused the price of the TRUMP token "rise to the sky more than 50%". (This increase was followed by a brief retreat after the details were clarified. ) As the deadline approached, holders positioned themselves on the leaderboard. Wired reported that the threshold to qualify for the dinner was at least around 4,196 TRUMP tokens, approximately $55,000 at that time, and the leading participants ultimately held hundreds of thousands or even millions of coins each. The branches of President Trump ( through CIC Digital LLC and Fight Fight Fight LLC) control 80% of the token supply, emphasizing how closely the project is managed by Trump's close team. Justin Sun tops the list of holders and will attend the dinner. Part of the recent uproar stemmed from the social media activity of billionaire crypto investor Justin Sun. On May 20, Sun, the founder of Tron and Trump's crypto adviser, confirmed via his X (Twitter) account that he is the largest $TRUMP holder and will attend dinner on Thursday. He thanked Trump and GetTrumpMemes for the invitation, calling himself a "super fan" of the president and stating that he is "very happy to connect with everyone, talk about cryptocurrency, and discuss the future of our industry." Data on-chain confirms a significant stake of Sun. Blockchain records show that the wallet controlled by Sun holds more than 21 million dollars in TRUMP as of the time of writing. Other anonymous cryptocurrency investors also claimed positions on the leaderboard, but Sun's public confirmation has dispelled any doubts about his standing. Sun's entry into the leaderboard race is widely seen as a confidence booster for smaller investors. Technical analysis of the TRUMP coin: Will the 19 dollar level follow? From a technical chart perspective, TRUMP has broken out of the recent trading range and shows bullish signals. The token bounced off the 20-(EMA) exponential moving average at around $12.99, using that level as dynamic support.

The price of the TRUMP token as of the time of writing is $14.4, much higher than the 20-day EMA line, indicating that the short-term trend has turned positive. Other indicators reinforce this view: The (DMI) directional movement index on the daily chart shows that the positive directional index (+DI) is clearly higher than the negative index (–DI), with the gap widening. In technical analysis, that setup usually indicates a stronger bullish momentum than a bearish one. If this upward momentum is maintained, the price of the TRUMP token could rise further. Specifically, a move to maintain above the 20-day EMA could push the price to around $19.3. A reversal below the $12.99 EMA would negate the short-term uptrend. In that case, a deeper retracement to around $10–11 could occur. Currently, the key technical support is near the middle of $12 and the resistance zone to watch will be in the middle to the high of $19.