Whales Go Crazy Over TRUMP Coin After Presidential Dinner Boost
We truly live in unpredictable times. Just a few months ago, the idea of a sitting U.S. President having his own meme coin would’ve sounded like satire. But here we are in 2025: not only does the POTUS have a meme token, but it skyrocketed to a multi-billion-dollar valuation—before crashing 90% in mere weeks.
Even more surreal, the same president who once criticized the crypto industry is now actively promoting TRUMP Coin on social media. And just yesterday, he announced an exclusive dinner event, inviting the top 220 holders of the token—a move that sent the crypto world into a frenzy.
The announcement caused a dramatic price spike. TRUMP had fallen to around $9 after reaching a peak of nearly $80 following its January launch. But following the dinner news, the token surged over $16 within minutes, hitting a seven-week high.
Whales wasted no time. Large transactions worth millions poured in, suggesting that big players—or even insiders, as critics speculate—are heavily involved. One notable whale dropped $5 million USDC to buy 407,467 TRUMP at $12.27 and flipped it just 30 minutes later for a quick $732K profit.
But not everyone timed it well. According to Lookonchain, one unlucky entity dumped all 630,339 of their TRUMP tokens just before the dinner announcement—missing out on a potential $4.5 million gain.
Whether it’s strategic trading or pure FOMO, one thing is clear: whales are going crazy over TRUMP Coin after the presidential dinner boost—and the wild ride may be far from over.