US President’s planned dinner for TRUMP memecoin holders triggers 52% price surge — Will it last?

Official Trump (TRUMP) jumped 52% on April 23 after the announcement of an exclusive in-person dinner for the top tokenholders with US President Donald Trump. For some crypto advocates, this marks the end of the bear market, especially as Bitcoin (BTC) bounced back above $93,000, but others raise suspicions on how sustainable the TRUMP memecoin rally really is. From a purely performance perspective, the Official Trump (TRUMP) memecoin has been a disappointment. After soaring above $75 on launch day, its gains quickly disappeared as investors noticed the high concentration of tokens and the short-term vesting period source: https://cointelegraph.com/news/us-president-s-planned-dinner-for-trump-memecoin-holders-triggers-52-price-surge-will-it-last?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound