TRUMP Coin Price Prediction: Is May 22 the Day for a 10-Fold Surge or a Significant Drop?

The upcoming Gala event on May 22, which may feature comments from former President Trump, has sparked discussions about the possibility of another rally for the TRUMP coin. Additionally, the performance of TRUMP coin could be affected by broader economic factors, particularly forthcoming announcements from the Federal Reserve regarding interest rates and economic strategy. The value of Trump Coin (TRUMP), a meme coin created in honor of former President Donald Trump, continues to be extremely unstable. As political attention surrounding the safety of a much-anticipated event intensifies, this development emerges. The token is now valued at approximately $11 and has established support just above its 50-day moving average, which is around $10.50, following numerous fluctuations in the past few weeks. Current Price Forecast for Trump Coin. TRUMP has seen a significant price increase from its monthly lows, surpassing $16 in late April. The announcement that the largest 220 coin holders will be invited to a Gala dinner, allegedly taking place at the White House, was the primary catalyst for the news. The news led to a significant surge in purchasing interest, resulting in the token’s value doubling in a brief period. Source: TradingView. The invitation to the Gala, on the other hand, has ignited a political controversy. Democratic Senator Jon Ossoff criticized the action, suggesting that providing access to the President in return for possessing cryptocurrency could be seen as turning political influence into a commodity.