3 Altcoins to Watch Ahead of Trump’s Gala Dinner

Jakarta, Pintu News – The crypto world is abuzz with speculation ahead of the gala dinner that Donald Trump will attend on May 22, 2025. The 3 altcoins to watch ahead of Trump’s Gala Dinner are Tron (TRX), ConstitutionDAO (PEOPLE), and Official Melania Meme (MELANIA).

All three coins showed significant gains. This rise is driven by various factors unique to each coin, ranging from rumors to technical market phenomena. This article will dig deeper into the potential of these three altcoins!

Tron (TRX)

Word on the street is that Justin Sun, founder of Tron, may be the largest holder of TRUMP meme coins, which adds to speculation about his possible presence at Trump’s exclusive dinner. According to Arkham Intelligence, a cold storage wallet associated with HTX, the exchange Sun is associated with, has topped the official TRUMP scoreboard.

Although the identity of the wallet owner has not been confirmed, this speculation has put the spotlight on TRUMP and Tron (TRX), potentially increasing interest and demand for the token. If TRX gains momentum from this attention, it is likely to break key resistance levels at $0.249, $0.255, and $0.259.

A strong rally could push the price towards $0.30, possibly even as high as $ 0.40—a level that has not been reached since December 3, 2024. Although the rumors remain unconfirmed, the narrative surrounding Sun’s involvement has energized the Tron ecosystem.

Also read: Bitcoin (BTC) is predicted to reach $200,000 in 2025, crypto experts reveal this!

ConstitutionDAO (PEOPLE)

ConstitutionDAO was a brief but historic experiment in Web3 coordination. In November 2021, a group of crypto enthusiasts formed a decentralized autonomous organization (DAO) with the ambitious goal of purchasing one of the original copies of the US Constitution in a Sotheby’s auction.

With only 13 known physical copies, the event attracted huge public attention and intense auction competition. Although the DAO eventually lost the auction and was dissolved, its original token, PEOPLE, remains active and continues to be traded in the cryptocurrency market. Recently, PEOPLE has seen a resurgence, rising by almost 35% over the last week.

The token recently formed golden crosses-a bullish technical signal that occurs when short-term moving averages cross above long-term ones-suggesting growing upward momentum. If this strength continues, PEOPLE could head to key resistance levels at $0.0174, $0.0193, and possibly even $0.0239.

Also read: 3 Important Things About XRP Futures Before Launching on CME on May 19, 2025

Official Melania Meme (MELANIA)

MELANIA, a meme coin inspired by former First Lady Melania Trump, launched a few days after the TRUMP token and remains closely tied to that narrative. Although MELANIA has seen a significant drop from its peak, the coin could benefit indirectly from the hoopla surrounding Donald Trump’s Gala dinner for top TRUMP holders.

As attention increases around TRUMP and his community, widespread interest could revive momentum for tokens like MELANIA, especially among traders who follow the trend of political meme coins. Over the past seven days, MELANIA has gained more than 29%, signaling a possible return of bullish sentiment.

If this uptrend continues, the token could test the resistance level at $0.57, followed by $0.668, and possibly even $0.82. Although still far from its peak, a strong rally driven by narrative interest could help MELANIA regain its position.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• BeInCrypto. Altcoins to Watch Before Trump Gala Dinner. Accessed on April 28, 2025
• Featured Image: Generated by Ai