Cryptopolitan 2026-03-16 09:31:14

TRUMP tokens hold gains as whales battle for Trump dinner leaderboard

Official Trump (TRUMP) held close to its upper range for the past week, trading close to $4. The main reason is that whales are incentivized to hold for a right to attend another Trump dinner. The Official Trump (TRUMP) meme token kept close to its recent highs, trading at $3.99. The token reached a new high baseline as the leaderboard opened to the new Mar-a-Lago dinner on April 25. TRUMP spiked to a higher baseline, driven by the buyer leaderboard competition. | Source: CoinGecko . The launch of a new leaderboard created a new dynamic for the token in the past week. As Cryptopolitan previously reported , the first White House dinner was received negatively. In the short term, however, the announcement and the leaderboard turned into a tool to boost TRUMP. This time, the dinner offers 297 spots, up from 220 for the previous event, sparking an even more notable whale competition. As a result, overall TRUMP trading expanded to over $2.1B in 24 hours, up from around $100M. TRUMP open interest also remained elevated at over $157M . Who is competing for the second Trump dinner? The leaderboard participants may include Justin Sun, a notable supporter of the Trump family’s crypto activity. The top buyer has been adding TRUMP, accumulating 168.8M points. The top TRUMP leader is also an active buyer, recently spending $7M on the meme token. | Source: Trump Points . The leaderboard remains pseudonymous, though one top 10 whale is tagged as ‘Sun’. The wallets are not presented in a way that prevents linking identities to crypto holdings. During previous competitions, the leaderboard was seen as not entirely organic, drawing in whales with potential insider interest. Will the TRUMP whales sell? The recent TRUMP rally was dramatic, but it was a small bounce from the recent local lows. TRUMP has been sliding in the past year, and some whales may be ready to sell and cut losses, or realize short-term gains. Arkham Intelligence has found the wallet of the top account on the leaderboard, known as ‘Little X’. The wallet is up by $2.12M after spending $7M on TRUMP. The whale may be dedicated to holding, hoping for even more active TRUMP trading. This time around, the meme token is also facing higher market risk and potential volatility. Whales that are not competing for the leaderboard are using the period to actively trade TRUMP. The token has $91.7M on DEXs and remains one of the top Solana memes, allowing some of the top whales to perform highly liquid short-term trades. The TRUMP token team may also have benefited from the active trading, as they sent tokens to DEXs just before the new dinner announcement. The team may have gained $1.8M in profit, in addition to trading fees. TRUMP remains the only Solana meme token with a valuation close to $1B following the recent rally. Currently, the token has relatively shallow liquidity on Binance, leading to rapid price drops. The token may resume its usual downward trend once the leaderboard hype ends. If you're reading this, you’re already ahead. Stay there with our newsletter .

La maggior parte ha letto le notizie

EUR/JPY Stabilizes as Euro Gains on Geopoliti...
2026-03-16
Bank of England MPC Holds Firm as Energy Shoc...
2026-03-16
Pundit to XRP Holders: It Finally Happened. H...
2026-03-16
Fed Decisions and Iran Tensions Push Bitcoin...
2026-03-16
BLOX: If You're A Crypto Bull, Collect A 36%...
2026-03-16
Bitcoin And Ethereum Prices Are Struggling Ag...
2026-03-16
Alibaba’s Strategic Move: Tech Giant Launches...
2026-03-16
Bitcoin Climbs Back: Whale Activity Hits Six-...
2026-03-16

Leggi la dichiarazione di non responsabilità : Tutti i contenuti forniti nel nostro sito Web, i siti con collegamento ipertestuale, le applicazioni associate, i forum, i blog, gli account dei social media e altre piattaforme ("Sito") sono solo per le vostre informazioni generali, procurati da fonti di terze parti. Non rilasciamo alcuna garanzia di alcun tipo in relazione al nostro contenuto, incluso ma non limitato a accuratezza e aggiornamento. Nessuna parte del contenuto che forniamo costituisce consulenza finanziaria, consulenza legale o qualsiasi altra forma di consulenza intesa per la vostra specifica dipendenza per qualsiasi scopo. Qualsiasi uso o affidamento sui nostri contenuti è esclusivamente a proprio rischio e discrezione. Devi condurre la tua ricerca, rivedere, analizzare e verificare i nostri contenuti prima di fare affidamento su di essi. Il trading è un'attività altamente rischiosa che può portare a perdite importanti, pertanto si prega di consultare il proprio consulente finanziario prima di prendere qualsiasi decisione. Nessun contenuto sul nostro sito è pensato per essere una sollecitazione o un'offerta