As speculation grows around TRUMP and its upcoming Gala Dinner and White House tour for the top 220 TRUMP holders, the altcoin market is witnessing increased activity. Along with TRUMP, other altcoins with related narratives are also gaining momentum. Three notable altcoins to monitor ahead of the Gala Dinner are TRON (TRX), ConstitutionDAO’s PEOPLE token, and the Official Melania Meme (MELANIA).
TRON (TRX) has attracted attention due to rumors that Justin Sun, Tron's founder, might hold a significant amount of the TRUMP meme coin, potentially leading to his attendance at the special dinner for top TRUMP holders. While the wallet associated with Sun's exchange, HTX, has taken the lead on the TRUMP leaderboard, the specifics remain unconfirmed. Nevertheless, this speculation has brought TRUMP and TRon (TRX) into the spotlight, potentially increasing interest and demand for the token.
ConstitutionDAO’s PEOPLE token emerged from an innovative initiative aimed at purchasing an original copy of the U.S. Constitution. Despite the dissolution of the DAO after failing to secure the artifact, PEOPLE token remains active and has experienced a recent surge in value. This rise has been supported by bullish technical signals, and if the trend persists, PEOPLE may test multiple resistance levels.
The Official Melania Meme (MELANIA) coin, inspired by former First Lady Melania Trump, was launched in close conjunction with TRUMP. Although MELANIA has seen a decline from its peak value, it stands to benefit indirectly from the buzz surrounding the upcoming TRUMP Gala Dinner. Recent price movements show a positive trend for MELANIA, indicating potential bullish sentiment. If this uptrend continues, MELANIA could challenge various resistance levels, driven by renewed interest in political meme coins like TRUMP.