There is anticipation building up around an exclusive Gala Dinner and White House tour hosted by TRUMP on May 22 for the top 220 holders, sparking increased interest in various altcoins.
While TRUMP remains the primary focus, narrative-driven tokens such as TRON (TRX), EOS, and Official Melania Meme (MELANIA) are also catching attention leading up to the event.
TRON (TRX) has drawn attention as Justin Sun, the founder of Tron, is confirmed to attend the private dinner for top TRUMP meme coin holders. This has brought focus on the TRUMP token and Tron (TRX), potentially impacting TRX's price action, with speculation suggesting a bullish scenario breaking resistance levels at $0.267 and aiming for $0.279.
EOS saw controversy after World Liberty Financial (WLFI) purchased a significant amount of EOS tokens. Although the purchase led to a price increase for EOS, doubts remain due to WLFI's previous losses in ETH trading. However, EOS might benefit from the TRUMP event, potentially pushing its price to test resistance levels.
Official Melania Meme (MELANIA), inspired by First Lady Melania Trump, is closely linked to the TRUMP meme coin. Despite a drop from its peak, MELANIA could gain interest with the approaching Gala Dinner for top TRUMP holders. The token has shown volatility, with potential price movements depending on market sentiment.
Overall, the upcoming TRUMP event is expected to impact these altcoins, potentially driving price movements based on market reactions to the event and related news.