Trump Coin Price Prediction: Analysts Warn Investors Chasing Presidential Dinner

Trump Coin is back in the spotlight after Donald Trump announced an exclusive dinner event for the top 220 holders, but analysts are warning of a potential sell-off. The endorsement triggered a 75% flash rally, positioning TRUMP as an altcoin front-runner —yet it remains widely sidelined in the “best crypto to buy” conversation. Pseudonymous X trader SCryptoTrader flagged looming inflationary pressures, citing last week’s $400 million token unlock as a red flag. They warned that the rally “could be a trap to lure FOMO buyers before insiders dump,” suggesting the dinner event may double as a well-timed exit for early whales. $TRUMP #trump Token huge Supply just unlocked 18th April $400M+ and daily 0.04% for coming years All this is trap to dump and make millions more from fomo buyers Dinner with top 220 holders is a trap for you Those who bought high before this is a chance to exit Don’t miss… pic.twitter.com/NpDNKj9NgD — SCryptoTrader (@ScryptoTrader) April 23, 2025 The project’s developers control 80% of the token’s supply, while the identities of most large holders remain unknown. TRUMP Price Analysis: Is Trump Coin About to Rug? While Trump Coin has fallen 15% since its Wednesday peak, technical indicators display characteristics of a correction rather than a sell-off. TRUMP/USDT 1-day chart, symmetrical triangle breakout. Source: Binance. The Relative Strength Index (RSI) signals buyer exhaustion, making a sharp U-turn after soaring past the overbought threshold at 70—often a precursor to short-term corrections. The rally is now more closely aligned with the projected breakout target of a descending channel forming since early March, topping out at the $13.70 resistance. The rally also affirms the breakout path of a symmetrical triangle pattern forming since early February. If support at $11.25 holds, TRUMP could regain momentum and target a move toward the triangle’s projected top at $20—marking a potential 65% upside from current levels. New ICO Introduces the Latest Self-Custody Solutions After the multi-month freefall across the altcoin market, presale investing has become a popular strategy—offering a hedge against downturns and a shot at above-average returns. One project catching early attention is Best Wallet ($BEST) , bridging the gap between Web2 familiarity and Web3 functionality with its upcoming “Best Card.” The Best Card takes the place of the traditional debit card, allowing seamless real-world transactions using stablecoins anywhere that Mastercard is accepted through Best Wallet. The in-app “Upcoming Tokens” feature, which shows emerging crypto projects, has particularly caught investors’ attention with a reputation for providing high-gain trading alpha. With almost $11.2 million raised in its ongoing presale, the project is already gaining strong momentum—potentially credited to its 127% APY on staking that rewards early investors. You can keep up with Best Wallet on X , Discord , and Telegram , or join the presale on the Best Wallet website . The post Trump Coin Price Prediction: Analysts Warn Investors Chasing Presidential Dinner appeared first on Cryptonews .

Source: cryptonews