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$TRUMP Token Soars 29% After Exclusive Dinner Announcement Sends Whales Scrambling

In a dramatic set of circumstances, the memecoin $TRUMP rocketed up over 29% in a single day. It surged to $12.21 following an announcement that energized its holder base: the top 220 token holders will receive invitations to dine with former U.S. President Donald Trump. The community has dubbed the offer “the most EXCLUSIVE INVITATION in the world,” and this has set off a buying frenzy, some wallet reshuffling, and a few strategic moves as investors try to ensure they are in the top holder club. LATEST: $TRUMP rose over 29% to $12.21 today after the announcement that its top 220 holders will be invited to dinner with Trump. It was described as the “most EXCLUSIVE INVITATION in the world.” pic.twitter.com/2HBoxGDsUK — CoinGecko (@coingecko) April 24, 2025 The early announcement brought about an immediate price rally, sending reverberations through both the meme token sector and the political crypto communities. Within hours, on-chain data showed large-scale liquidity movements and wallet reactivations not seen in months—a sure sign that both long-term whales and newcomers viewed the dinner invitation as a once-in-a-lifetime opportunity pregnant with prestige and potential influence. Liquidity Provider Makes Bold Move and Lands in Top 220 One of the most interesting plays was made by a longtime $TRUMP liquidity provider who executed a strategic liquidity withdrawal just two hours after the news broke. From two separate wallets, this individual extracted an estimated 211,977 $TRUMP tokens (valued at about $2.76 million) and 18,376 $SOL (also worth roughly $2.76 million). The move was so carefully timed and plotted that it seems aimed at boosting both wallets into the top 220 holder ranks of these assets. A longtime $TRUMP liquidity provider removed liquidity from 2 wallets 2 hours ago, receiving 211,977 $TRUMP ($2.76M) and 18,376 $SOL ($2.76M). Now, both wallets are in the top 220 holders — giving them a shot at scoring 2 invites to the $TRUMP dinner. This guy bought 332,424… pic.twitter.com/ti3v4LaV88 — Lookonchain (@lookonchain) April 24, 2025 Both wallets now have their places firmly established in the elite group, according to confirmed data from the blockchain. That puts the person who owns these wallets on course to earn not one, but possibly two invite-only seats at the Trump dinner. This was a quick play, but it was also a very clever and calculated one. These aren’t exclusive crypto benefits we are talking about; they are real-world, political, and celebrity. But when you get down to it, it’s all about money and making more of it. The same individual is very familiar with the $TRUMP ecosystem. On the token’s listing day, they bought 332,424 $TRUMP for only $802,000, with each token going for a humble $2.41. At its maximum, the worth of those holdings expanded to over $24 million, showing not just the volatility but even more the massive upside potential in this niche token project. Dormant Wallet Awakens with Big Buy — and Clear Intent In another twist, adding an air of mystery to the day’s proceedings, a wallet that hadn’t seen action for over five months suddenly came alive. It withdrew a considerable 1.5 million $USDC from Binance and used that sum to purchase 123,228 $TRUMP tokens. Why? Who knows! On-chain investigators are convinced it’s all part of an elaborate scheme to push the wallet’s holder into the top 220. Those holding the TRUMP token are in some way holding a token that gives them, if only metaphorically, a dinner with Donald Trump. After 5 months of inactivity, a wallet suddenly withdrew 1.5M $USDC from #Binance to buy 123,228 $TRUMP . Is this a move to secure a seat at the $TRUMP dinner? https://t.co/DO98ovJhTA pic.twitter.com/fjvwrVfcU8 — Lookonchain (@lookonchain) April 24, 2025 Dormant wallets showing renewed interest is just one manifestation of the new utility that the dinner invitation has given the $TRUMP token. The power of exclusivity has become the utility for the token, with the dinner invitation signifying that it has an exclusive pull, which is now the $TRUMP token’s most prominent feature. That is a development worth figuring. Although critics of $TRUMP might find the combination of meme culture and political branding ludicrous, supporters contend that the former president has stitched together truly unique rags of influence into a potent new kind of message. And that if you sew together entertainment, influence, and speculative investment, you get something that even makes a kind of sense. In what world, after all, does a semi-retired, entirely unsuccessful businessman have half the people in the country convinced that he’s a messiah? Political Memecoin or Prestige Asset? While the crypto universe closely follows the $TRUMP saga, one aspect is clear: the token’s transformation has gone far beyond that of a typical meme. Today, $TRUMP is more social currency than crypto, a tool for those trying to impress with the number of tokens they hold. And in the case of $TRUMP, as if so often with any social currency, the holders are not shy about boasting how many millions of the tokens they command. It is yet to be determined whether this strategy keeps moving in a sustained way over the long term, but for now, $TRUMP is enjoying a high-profile rally that is boosted by hype, exclusivity, and a rapidly closing window for top-tier access. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! NewsBTC

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SUI Surges Past Chainlink in Market Cap as Ecosystem Heats Up and Wall Street Takes Notice

A week signaled by the restoration of optimism in the larger crypto market has one altcoin making headlines for all the good reasons. SUI , the native token of the Sui Network, has surged by over 43% in just a few days—rising from $2.10 to touch the $3 mark. The explosive rally hasn’t just captured the eyes of retail investors; it has also pushed SUI past long-time top dog Chainlink (LINK) in market capitalization. This week, SUI has a market cap of $9.88 billion, higher than LINK’s $9.54 billion and greater even than Avalanche (AVAX)—a reality placing the token among the leaders of the altcoin sector. To a lot of folks, this isn’t just another quick pump and dump. It’s seen as a validation of Sui’s growing heft in the fast-evolving crypto world. $SUI’s officially out of stealth mode. Grayscale just launched a trust, social chatter is exploding, and it’s now sitting above AVAX and LINK in market cap. This isn’t just retail hype—Wall Street is stepping into the SUI zone. Momentum feels different this time. It’s real.… pic.twitter.com/OYIYamgg80 — Kyledoops (@kyledoops) April 24, 2025 Ecosystem Strength, Wall Street Entry, and Macro Winds Shift in SUI’s Favor SUI’s price and status have surged due to a handful of converging, amplifying factors. The recent launch of a Grayscale SUI Trust has raised the pitch of institutional interest to new levels. Grayscale is known for bringing Wall Street heft into the crypto sphere via their trusts and funds; their move to set up a Sui trust is a major vote of confidence in Sui’s long-term play. It’s not just speculative traders buying Sui; serious, institutional-type capital is entering the Sui zone. That money flow is reflected in the numbers. The platforms have been deluged with people talking about Sui. And this isn’t just noise. You can practically feel the community’s collective spirit as it lifts the network and the tokens around it to ever-greater heights. So, what is all the fuss and hullabaloo about? A portion of the momentum can be attributed to an improving macroeconomic sentiment. Earlier in the month, altcoins took a beating, mostly because there was global uncertainty around the intensifying U.S.-China trade situation and the threat of new tariffs. However, both countries have now returned to the negotiating table, and the appearances of progress seem to have calmed things down quite a bit. At least for now. Crypto markets, which are notably sensitive to geopolitical developments, have calmed down too. Sui, it appears, was in an ideal location to take advantage of the change. What’s Next for Sui in 2025? With SUI’s upward price action showing persistence—$14.54 as of Dec. 28 at 9:51 a.m. UTC—questions are now shifting toward what the network has planned for the rest of 2025 and whether this dunk is sustainable. Per sources close to @SuiNetwork, the team is working on a number of big updates and community initiatives. While specifics are still under wraps, we get the sense from signals that are available that the focus is on 1. Scalability improvements; 2. New developer grants; 3. Increased interoperability with other major chains. Additionally, there are whispers going around about a broader DeFi expansion and improved onboarding tools for non-crypto native users—moves that could really widen Sui’s appeal beyond its current user base. In an important way, the pace at which Sui is developing seems different from the cycle of expectations that have characterized previous upswings in the space. In this instance, there appears to be a combination of really good fundamentals, strategic institutional alignment, and a broader narrative about altcoin utility that is sending Sui (and, it should be noted, some other non-Ethereum layer 1s) into a truly impressive place not just in terms of “market cap” but also, in some respects, in terms of just plain “realness.” Now, investors and traders will be keeping a close watch on SUI to see if it can hold onto its solid new spot near the top of the market cap rankings. The next few weeks could be quite crucial, especially if Sui can sustain its momentum the way some similar protocols have done lately. This morning, Sui was up about 35% over the past 24 hours, according to data from CoinGecko. In terms of price increases, it looked quite similar to some of the very recent appearances made by other top-tier protocols. For the time being, however, we can say this much: SUI isn’t simply another altcoin experiencing a momentary surge. It has emerged— and the market is respecting it. Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news ! NewsBTC