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Trump Memecoin Leaps After the President of the United States Offers Dinner With Top Holders

Donald Trump’s official memecoin ( TRUMP ) is skyrocketing after the President offered to have dinner with its top holders. In a new announcement , the top 220 TRUMP holders are invited to a Gala dinner event with the President on May 22nd at his private national golf club in Washington, D.C. “The Top 220 TRUMP owners will be joining President Trump for a Gala dinner. Our leaderboard updates hourly in real time. Your TRUMP coin count puts you in the running. The competition is fierce.” News of the special dinner event sent TRUMP flying, as the digital asset went from a low of $9.24 on April 23rd to a peak of $14.37 just hours later. The token has since stabilized and is trading for $12.15 at time of writing, a 29.5% increase during the last 24 hours. According to the announcement, those who wish to participate must first register their crypto wallets and be a top holder of the meme asset between the dates of April 23rd and May 12th. “From April 23 to May 12, hold as much TRUMP as you can. Your average holdings during this period will determine your ranking. The more TRUMP you hold – and the longer you hold it – the higher your ranking will be. After the holding period ends, the top 220 holders with the highest average TRUMP holdings will be selected. Watch your ranking on the leaderboard.” Furthermore, the top 25 holders of the meme asset will be able to attend an exclusive private VIP reception with Trump. Follow us on X , Facebook and Telegram Don`t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Trump Memecoin Leaps After the President of the United States Offers Dinner With Top Holders appeared first on The Daily Hodl . NewsBTC

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XRP Will Print A New All-Time High If This Happens: Analyst

A fresh daily chart shared by market technician @cryptoWZRD_ suggests that XRP is just one technical trigger away from price discovery. The analyst’s chart—published early Thursday on TradingView—plots XRP/USDT on Binance and shows the token changing hands at $2.2107 after an indecisive daily close on Wednesday. XRP Targets $3.65 The most conspicuous feature is a descending trend-line (drawn in red) stretching from the 3 February swing high at roughly $3.40 down to the latest lower-high cluster. That line currently intersects price marginally above the market and has capped every relief rally since mid-January. According to WZRD, a daily candle that breaks through this “lower-high trend-line” would ignite “a very quick impulsive move” toward the next horizontal barrier at $2.80. Why $2.80 matters is spelled out in a bright yellow call-out on the chart: a close above that level would, in WZRD’s words, “make an all-time high” very likely. Above $2.80 the chart offers little historical structure until the $3.30 – the price which marked the weekly top in January. Related Reading: XRP Targets $33 To $50 By September 2027, Research Firm Says Next, the analyst targets the $3.65 zone, flagged as the “next major target” in purple. That band is the highest black horizontal plotted and represents the analyst’s first objective in price discovery territory. Support is clearly defined as well. The thick black horizontal at $2.00 is labeled the “main daily support target.” Beneath that, successive shelves are marked at $1.5160, $1.3000, $1.0700 and $0.9000, with an annotation at $1.30 warning that a break could materialise “IF ESCALATORY TARIFF KEEP COMING.” A secondary blue trend-line connects late-March and early-April lows, creating a short-term falling-wedge structure whose upside resolution has already begun to unwind some bearish momentum. WZRD’s accompanying commentary stresses the interplay between spot XRP and its performance against Bitcoin. He notes that XRP/BTC is coiling inside a symmetrical triangle that will “mature” on a move higher in Bitcoin dominance; positive action there would add tail-winds to the dollar pair. Related Reading: Analyst Says “The Clock Is Ticking” For XRP — Here’s Why “XRPBTC needs help from Bitcoin Dominance. Moving above from its current location will help the market to get the next impulsive move towards its upper lower high trendline, where it will mature the symmetrical triangle and push eventually higher. Positive price action from XRPBTC will help XRP become more bullish from its current location,” WZRD adds. Conversely, a “choppy” Bitcoin could keep XRP bottled up between $2.2050 and $2.00, a range that defined much of Tuesday’s intraday trade. ”The overall sentiment from Bitcoin will have an impact on XRP tomorrow as well, although I expect to see positive price action from XRPBTC. My focus will remain on the lower time frame chart development to get the next healthy trade setup,” the analyst writes. For now the focus, WZRD says, is on lower-time-frame development: any decisive daily settlement above the red trend-line would confirm trend reversal and set the stage for a sprint to $2.80—and, should that level fall, the analyst argues history will be in the making. At press time, XRP traded at $2.13. Featured image created with DALL.E, chart from TradingView.com NewsBTC