TRUMP Coin (TRUMP) price predictions are varied in the short term, but a key event scheduled for May 22 could spark a significant rally in the meme coin’s price.
Currently priced around $11 per token, TRUMP Coin has stabilized just above its 50-day moving average (50DMA) at $10.50 after a period of heightened volatility in recent weeks.
Towards the end of April, TRUMP Coin’s price surged, doubling from its earlier monthly lows and briefly surpassing $16, following US President Trump’s announcement that the top 220 holders of the meme coin would be invited to a White House Gala dinner.
This announcement ignited a significant increase in demand for TRUMP, but it has also drawn substantial criticism. Democrat Senator Jon Ossoff recently condemned the Gala event for the top 220 holders, accusing the President of “selling access,” a claim that has stirred controversy and raised questions about potential impeachment.
Meanwhile, fellow Democrat Senator and prominent crypto skeptic Elizabeth Warren has also been outspoken in criticizing another crypto venture linked to the Trump family—the launch of the USD1 stablecoin through their DeFi project, World Liberty Financial. Warren’s criticism adds to the ongoing scrutiny of the Trump family’s involvement in the cryptocurrency space.
In the wake of a controversial few weeks, it’s no surprise that the price of TRUMP Coin has pulled back from its late April highs near $16, settling around $11.
Looking ahead, the next potential sources of volatility for TRUMP are likely to stem from broader macroeconomic events, such as tomorrow’s FOMC meeting. However, a much bigger price move could be on the horizon on May 22, with some speculating that the TRUMP coin price could even 10x depending on the outcome of upcoming events.
Why May 22 Could Trigger a 10x Rally (Or Total Collapse)
May 22’s White House TRUMP dinner event has the potential to trigger significant volatility in the TRUMP Coin price.
If the event garners substantial media coverage—perhaps if President Trump himself attends, makes newsworthy comments, or even discusses policy—this could spark FOMO, driving a major TRUMP Coin rally similar to the surge seen in April.
Could TRUMP Coin skyrocket to $100? It’s possible. If TRUMP Coin becomes viewed as the best way to gain access to the President, its appeal could extend far beyond retail investors to include businesses and even world leaders eager to gain Trump’s ear.
The TRUMP Coin price previously surpassed $70 in January following its launch, so nothing should be ruled out at this stage.
That said, an even bigger risk for TRUMP Coin could be a post-event price dump. Trump’s attendance at the White House Gala is not guaranteed—attendees might instead receive an NFT, which could trigger a sell-off if expectations are not met.
In simpler terms, the Gala dinner might end up being a “sell the news” event. Given the current challenges in the altcoin market, this scenario seems highly plausible.
The broader macroeconomic environment is also difficult for risk assets like meme coins. With the US economy facing potential upside risks to inflation and downside risks to growth, the Federal Reserve is unlikely to make any major shifts in monetary policy as it continues to monitor developments.
Additionally, with the significant backlash from Democrats—who are using TRUMP Coin as a key argument to delay stablecoin legislation—the risks for TRUMP Coin seem tilted to the downside.
Investors should be prepared for significant two-way volatility in the TRUMP Coin price over the coming weeks.
Better Alternative to Consider – Solaxy (SOLX)
Solaxy (SOLX), a Layer-2 scaling solution built for the Solana network, has raised over $34 million in its presale, with tokens priced at $0.0017.
Solaxy (SOLX), designed to tackle Solana’s network congestion and high transaction failure rates—issues that became apparent during the TRUMP Coin launch in January—processes transactions off-chain, significantly boosting speed and reliability.
Its interoperability with Ethereum enables cross-chain liquidity, while a smart contract audit by Coinsult has confirmed its security.
In contrast, TRUMP Coin, currently priced at $11, faces volatility driven by political controversy surrounding its May 22 gala and the looming 800 million token unlock, which poses a risk of price dilution. Solaxy’s emphasis on infrastructure and scalability may present a more stable investment option compared to TRUMP Coin’s reliance on speculative sentiment, making it a noteworthy consideration for investors seeking more predictable growth.
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