Analysis of the surge in Trump (Official Trump) prices: Verification of the Mar-a-Lago dinner's positive impact and evidence of major players' buying spree.
Key findings : The Mar-a-Lago dinner announced by the Trump team (April 25, 2026, Trump attending the summit of the top 297 holders) is indeed a significant positive development. Today (March 13, 2026), the price surged from a daily low of $2.73 to $4.26 (a 56% increase, close to the 50% mentioned by users), and remained active after reaching a peak in 24-hour trading volume ( US$293 million on March 12). However, on-chain data shows no signs of large-scale buying by major players : the distribution of top holders is stable (top 1 holder accounts for 76.75% , suspected to be a team wallet), and recent transfers/DeFi swaps are mostly small-scale transactions by retail investors (maximum single transaction ≈ US$18,000 equivalent). The price increase seems more like retail FOMO triggered by news rather than whale accumulation. Data as of 11:24 UTC on March 13, 2026, is fresh and reliable, but highly concentrated holdings pose a risk of unlocking. CoinGecko Solscan
Price and volume performance
Prices fluctuated wildly throughout the day, rising rapidly after hitting a low on March 13, coinciding with the timing of the news release (TechFlow reported this morning). However, the overall decline over the past week was followed by a rebound, with trading volume falling back after peaking on March 12, indicating that the market was driven by events rather than sustained accumulation.
Recent OHLC price (March 6th to March 13th, 2026, USD) CoinGecko
| date | opening | Highest | lowest | Closing | 24-hour changes (March 13) |
|---|---|---|---|---|---|
| 2026-03-06 | 3.42984 | 3.45595 | 3.20168 | 3.22565 | - |
| 2026-03-07 | 3.22776 | 3.27271 | 3.11658 | 3.13225 | - |
| 2026-03-08 | 3.13296 | 3.14348 | 2.99258 | 2.99798 | - |
| 2026-03-09 | 2.99985 | 3.08967 | 2.94735 | 2.96739 | - |
| 2026-03-10 | 2.96748 | 3.04304 | 2.88106 | 2.88106 | - |
| 2026-03-11 | 2.88276 | 2.97029 | 2.87278 | 2.90656 | - |
| 2026-03-12 | 2.90343 | 2.96017 | 2.88823 | 2.90186 | - |
| 2026-03-13 | 2.90058 | 3.08071 | 2.73012 | 2.93315 | +49.09% (to 4.26) |
- Price action details : From a low of $2.73 on March 13 to the latest $4.26, a +56% increase; 24-hour volume of $112 million (+977%), but mostly DEX swaps.
- Peak trading volume (daily average, USD) TokenTerminal
| date | Trading volume |
|---|---|
| 2026-03-06 | 9.28e7 |
| 2026-03-07 | 7.48e7 |
| 2026-03-12 | 2.93e8 (peak value) |
The surge in trading volume supports the "trigger" narrative, but there is no evidence of large inflows into CEXs (DEX data is currently unavailable).
On-chain holders and activities: No signs of major players buying up shares.
Total supply: 999.9 million tokens ; 649,000 holders; market capitalization: $4.26 billion (#69). The top holder , HkykUVWTctptXZmRTWearMsH4SaQNmE4Ku3tMJe5v2mH , holds 76.75% (worth $3.27 billion), indicating a high concentration (team?). The top 100 holders have a stable distribution with no significant accumulation/sell-off changes. Solscan
Top 10 holders (percentage supply)
| Ranking | Simplified address of the holder | Percentage (%) | Value (in US dollars) |
|---|---|---|---|
| 1 | HkykUVWT... | 76.75 | 32.70 |
| 2 | 7DaumTmU... | 3.44 | 1.47 |
| 3 | AK93dERw... | 2.19 | 0.93 |
| 4 | HsyggfZw... | 1.86 | 0.79 |
| 5 | DNQBgXer... | 1.81 | 0.77 |
| ... | ... | ... | ... |
- Recent transfers : The first 20 successful transfers before 11:23 UTC on March 13 were mostly small amounts (Solana tx is active, but there are no single transactions exceeding $1 million).
- DeFi activity (Jupiter/Raydium swaps within 7 days): Hundreds of transactions, but mainly retail investors (such as GHigB15jr... small swaps), with no large whale purchases.
- Whale 3 (2.19%) transfer : Recent inflows of 42.31 million (US$18,000) and 18.59 million (US$7,923) are limited in scale and not "major players buying up" them.
There was no concentrated buying by top whales (>1%), the top holders remained unchanged, and the price increase was not driven by institutions.
News verification of the Mar-a-Lago dinner
- Event Details : April 25, 2026, Mar-a-Lago, Palm Beach, Florida. The Trump team hosted a "crypto/business summit + banquet." The top 297 holders (ranked by holding score) were invited, with the top 29 VIPs enjoying exclusive reception and front-row seating by Trump. Trump delivered a keynote speech. (TechFlow)
- Release time : Morning of March 13, 2026, perfectly matching today's price increase window.
- Social feedback : Twitter mentioned Trump-related topics (such as news about the banquet), but there was no discussion of major buying sprees.
The positive news is real, and the top holder mechanism stimulates accumulation, but there is no response on the blockchain.
Risks and Outlook
| Risk factors | Severity | detail |
|---|---|---|
| Concentrated holdings | high | Top 1 76.75%, potential team selling pressure |
| Meme attributes | high | Event-driven, prone to FOMO and callback |
| No whale support | middle | Retail investor-dominated, with weak sustainability |
Why it matters : The positive impact of the dinner event is confirmed, but the 50% increase was driven by intraday retail speculation (news FOMO), with major players not yet present. A short-term rebound may continue (volume support), but be wary of a pullback to the $2.8 support level. It is recommended to monitor changes in top holders and events in April. Data is complete (<1 hour fresh), with no conflicts, but DEX net inflows are currently unavailable.
Investment perspective : Chasing high prices in the short term carries significant risk; buying on dips (around $3) could be a good opportunity to speculate on events, but caution is advised given the high concentration of investment opportunities.