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    You are at:Startseite » Trump’s Gala Dinner Could Impact These 3 Altcoins — Here’s Why
    News

    Trump’s Gala Dinner Could Impact These 3 Altcoins — Here’s Why

    Bena IlyasBy Bena Ilyas27. April 20250
    John Kiguru By John Kiguru 27. April 2025 Updated: 27. April 2025
    3 Mins Read
    Trump’s Gala Dinner Could Impact These 3 Altcoins — Here’s Why
    • The crypto market is surging, fueled by Donald Trump’s Gala Dinner hype, spotlighting TRX, PEOPLE, and MELANIA tokens.
    • TRON (TRX) targets $0.30, PEOPLE surges 35%, and MELANIA climbs 29%, driven by political token enthusiasm.

    The crypto market, just with some coins, is surging recently, driven by the hype of Donald Trump’s exclusive Gala Dinner and White House tour. The event is planned to honor the top 220 holders of the TRUMP token. In the middle of these speculations, three altcoins—TRON (TRX), ConstitutionDAO’s PEOPLE, and the Official Melania Meme (MELANIA)—seem promising for the potential surge. 

    As TRUMP dominates much of the attention, ventures associated with American politics or politicians are starting to emerge with Investors are looking for opportunities related to this singular confluence of crypto and politics.

    TRON (TRX) Eyes $0.30 Target Amid Hype

    Speculation that Justin Sun, founder of Tron, might be the largest TRUMP token holder has thrown TRX into the spotlight. A cold wallet connected to HTX, an exchange associated with Sun, currently leads the official TRUMP leaderboard, according to Arkham Intelligence. Although the wallet’s ownership remains unconfirmed, the buzz has been enough to revitalize interest around Tron’s native token.

    Source: TradingView

    Currently trading at $0.2515, TRX’s major resistance remains at $0.275, while nearer support stands at $0.25 and far support sits at $0.225. The token has made a breakout at $0.2412 and hints at a further surge too. If the token successfully adopts its bull run, then the next target could be $0.30.

    Despite no official confirmation of Sun’s participation, the mere possibility of his attendance has injected new energy into the TRON community, fueling optimism and greater trading volumes.

    ConstitutionDAO’s PEOPLE Sees 35% Weekly Growth

    ConstitutionDAO, despite its dissolution, continues to leave an imprint on the crypto world. Formed in November 2021 by crypto enthusiasts aiming to purchase an original U.S. Constitution copy, the DAO created a whirlwind of public interest before narrowly losing at Sotheby’s auction. Only 13 such copies are known to exist, making the event a historic moment for decentralized communities.

    Though the DAO no longer operates, PEOPLE, its native token, has seen a 35% surge over the past week. This movement coincides with the broader hype surrounding political tokens. Recently, PEOPLE has even formed golden crosses, a classic bullish indicator suggesting stronger upward momentum.

    Source: TradingView

    If the current strength holds, PEOPLE could test key price levels at $0.0175 and $0.0191 and possibly reach as high as $0.0240, restoring much of the token’s lost luster among long-time supporters.

    MELANIA Token Climbs 29% Amid Political Meme Craze

    Official Melania Meme (MELANIA), created just after the TRUMP token’s launch, is regaining attention. Initially riding on the fame of former First Lady Melania Trump, the token is now drawing spillover interest from the upcoming Gala Dinner excitement.

    Over the last seven days, MELANIA has risen more than 29%, signaling that bullish sentiment might be returning to the political meme coin niche. If momentum persists, the token faces immediate resistance at $0.57, with additional barriers at $0.66 and $0.81 ahead.

    Source: TradingView

    Although MELANIA remains far from its previous all-time highs, a rally driven by renewed political enthusiasm could see it reclaim a significant portion of its earlier value.


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    Altcoins ConstitutionDAO Donald Trump MELANIA TRX
    This article is provided for informational purposes only and is not intended as investment advice. The content does not constitute a recommendation to buy, sell, or hold any securities or financial instruments. Readers should conduct their own research and consult with financial advisors before making investment decisions. The information presented may not be current and could become outdated.
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    Bena Ilyas
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    Bena Ilyas is a seasoned crypto writer spending over 4 years in the field. While scrolling through her favorite topics in the cryptoverse, she likes to cover the crypto market trends (with a keen eye on Bitcoin, Ethereum, hype-filled altcoins), ETF flows, regularity developments, fintech, blockchain-based games, and everything that relates to crypto or blockchain in some way. Before she dipped into cryptocurrencies in 2020, she was doing her MBA from Islamia University of Bahawalpur, but her curiosity about the fast-paced crypto industry set the stage for her journalism career soon after her MBA completion.  Apart from CNF, Bena could be spotted on NewsBTC, Bitcoinist, CoinSpeaker, BTCPolitan, and Fuchawire as her past contribution to cryptocurrencies. Besides her contribution to these renowned crypto outlets, she was admired as an expert crypto trading analyst by the IME Institute BWP. Outside of work, she enjoys reading books and cooking delicious dishes in her spare time.

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