Mitrade Insights is dedicated to providing investors with rich, timely and most valuable financial information to help investors grasp the market situation and find timely trading opportunities.

2021

Best News & Analysis Provider

FxDailyInfo

2022

Best Forex Educational Resources Global

International Business Magazine

Insights

News

Cryptocurrencies

Official Announcement: Tokens Will Not Be Unlocked During the Event - Why Isn't the Price of TRUMP Coins Rising?

Source Tradingkey

TradingKey - The official TRUMP Meme coin announced that there will be no token unlocks during the event. However, they did not address the market's main concerns. As a result, the price of TRUMP remains stagnant.

On April 25, the TRUMP Meme coin team posted on social media. They clarified that some participants misunderstood the Trump dinner event. The entry requirement is not over $300,000. During the event, tokens will not be unlocked for sale.

Despite addressing these concerns, the price of TRUMP did not rise significantly. It stayed around $12, continuing to fluctuate. The previous day, the team announced the Trump dinner, inviting the first 220 TRUMP holders to dine with President Trump. This news caused TRUMP to spike by 58%, reaching nearly $14.

TRUMP Price Trend Chart, Source: CoinMarketCap.

Although the TRUMP Meme coin team stated there would be no token unlocks during the dinner, there was an unfriendly clause. It stated, "Trump may not attend, and the dinner may be canceled. If so, eligible invitees will receive a limited edition NFT as compensation." This clause significantly weakened investors' desire to join the ranking, but it remains unchanged for now.

altText

Terms of the Trump Dinner, Source: gettrumpmemes.com.

Disclaimer: For information purposes only. Past performance is not indicative of future results.

Recommended Articles

AUD/USD: Current price action is likely the early stages of a recovery – UOB Group Australian Dollar (AUD) is likely to trade in a sideways range between 0.6220 and 0.6290. In the longer run, current price action is likely the early stages of a recovery phase that could potentially reach 0.6350, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note.

Author FXStreet

Jan 22, Wed

Australian Dollar (AUD) is likely to trade in a sideways range between 0.6220 and 0.6290. In the longer run, current price action is likely the early stages of a recovery phase that could potentially reach 0.6350, UOB Group’s FX analysts Quek Ser Leang and Lee Sue Ann note.

Five bullish Shiba Inu (SHIB) Price Predictions for April 2025 SHIB price targets diverge as investors weigh Shibarium L3 upgrades, burn-rate surges, and altcoin market sentiment. Forecasts range from a conservative $0.000012 to a parabolic $0.00030.

Author FXStreet

Apr 16, Wed

SHIB price targets diverge as investors weigh Shibarium L3 upgrades, burn-rate surges, and altcoin market sentiment. Forecasts range from a conservative $0.000012 to a parabolic $0.00030.

Ethereum Price Stays Resilient — Upside Break May Be Ahead Ethereum price started a downside correction below the $1,780 level. ETH is now consolidating near the $1,800 zone and might aim for a move above $1,820.

Author NewsBTC

Yesterday 03: 52

Ethereum price started a downside correction below the $1,780 level. ETH is now consolidating near the $1,800 zone and might aim for a move above $1,820.

Gold price slides back closer to $3,300 amid tariff deals optimism Gold price (XAU/USD) struggles to capitalize on the previous day's bounce from the vicinity of the $3,265-3,260 pivotal support and attracts fresh sellers during the Asian session on Tuesday.

Author FXStreet

20 hours ago

Gold price (XAU/USD) struggles to capitalize on the previous day's bounce from the vicinity of the $3,265-3,260 pivotal support and attracts fresh sellers during the Asian session on Tuesday.

EUR/USD ticks lower despite uncertainty over US-China trade EUR/USD edges lower to near 1.1400 during European trading hours on Tuesday. The major currency pair ticks lower as the US Dollar (USD) steadies, but remains broadly on edge amid escalating uncertainty about the trade outlook between the United States (US) and China.

Author FXStreet

18 hours ago

EUR/USD edges lower to near 1.1400 during European trading hours on Tuesday. The major currency pair ticks lower as the US Dollar (USD) steadies, but remains broadly on edge amid escalating uncertainty about the trade outlook between the United States (US) and China.

Popular Symbols