On April 24th, Trump's meme coin $TRUMP surged nearly 50%, with the price reaching $16.17 and market value exceeding $2.6 billion surge by the official announcement of on inviting the top 220 coin holders to a golf dinner on May 22nd, with the top 25 receiving private reception and White House visit, This triggered a trading frenzy, with a single-day trading volume exceeding $270 million.The coin has a total supply of 1 billion, with only 20% in circulation, and the rest locked, sparking controversy over interests and power.
Bitunix analysts suggest that TRUMP's short-term support level is at $10.70, and investors should be cautious of unlocking and regulatory risks.
