In a nutshell

  • For the first time since first March, President Trump’s Solana image coin saw a spike in price on Wednesday, reaching$ 14.
  • The news of a private supper for top Republican key holders sparked the surge.
  • To become eligible, users must register online through the stock’s official website.

After the project offered an unique breakfast as a reward for best coin holders, President Trump’s standard Solana joke coin, TRUMP, increased in value on Wednesday.

In less than an hour, TRUMP’s price increased by nearly 66 % on the day, from$ 9.30 to$ 14.72, according to CoinGecko data. The image gold for Trump has been trading at its highest level since early March.

Crypto investors were enthralled by the news, which caused more than$ 29 million in the last 24 hours for the token’s investing volume, which is$ 177 million more than the following highest-traded gift at the time.

On May 22, people may be ranked among the top 220 registered recipients on the GetTrumpMemes official website in order to get the supper, which will take place at Trump National Golf Club in Washington, D.C.

Rankings on the scoreboard are based on a time-weighted report that is based on a person’s assets of TRUMP tokens and the length of the April 23 to May 12 period. A person must also provide access to their Solana budget, which contains the tokens, along with their entire legal name, email address, and telephone number.

A bag with at least$ 362, 000 value of TRUMP would now be required to rank among the official best 220 on-chain buyers. Customers who only have one Republican sign are among the best 80 accounts on the most recently updated ranking, but because of the possible neglected registration requirements, they are placed in the top 80.

The top 25 holders on the scoreboard can also reserve a separate “ultra-exclusive personal Club Welcome,” but only about 300 Republican tokens are now required to get listed based on the leaderboard, which updates every hour. As more and more people sign up for the option, these positions are likely to change.

Next week, the Republican token was in the news as Coinbase’s wallets connected to the token’s creators withdrew$ 4.6 million in advance of organized token unlocks. In the end, 80 % of the Republican token is reserved for the site’s owners and creators.

Analysts recently told Decrypt that the unlocks could further lower the price, even though the token’s price finally increased late next week; however, news of the supper has increased the price of TRUMP significantly. Additionally, those secures might be paused.

The official GetTrumpMemes account on X ( previously Twitter ) posted that” the tokens from the initial cliff and the subsequent three months of daily unlocks will remain locked, each for an additional 90 days.”

Three weeks before Trump’s opening, the Republican token’s rate reached a peak of more than$ 73 in its first few weeks after the official release was announced. The gift is still more than 80 % off its all-time great despite the day’s 50 % increase.

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