cryptonewsz.com
$TRUMP, the Solana-based meme coin jumped roughly 3.4% during Thursday’s U.S. market hours to trade at $3.06. Amid the geopolitical instability, a majority of major cryptocurrency struggles with weak momentum today. However, the Trump coin price stands tall with above average trading volume as investors position themself for President Trump’s upcoming meme-coin conference at Mar-a-Lago later this month. Will the coin price reclaim the $5 mark?
Trump to Host $TRUMP Token Holders at Mar-a-Lago Private Conference
On April 25, President Donald Trump will host a cryptocurrency and business event, with a formal lunch, at his Mar-a-Lago estate in Palm Beach, Florida. The event is aimed at key holders of Solana-based $TRUMP digital tokens and provides the chosen individuals with a personal meeting with top-level political and industry leaders.
Participation will be based on a publicly ranked list of token balances that will be monitored between March 12 and April 10. The top 297 positions ensure admission and the top 29 on this list get another closed-door session. The names of about 18 major participants in the cryptocurrency and corporate worlds are included in the list of those likely to attend the event. Topics to be discussed include the progress of blockchain, decentralized financial systems, and the potential changes in American regulations of digital assets.
Mass buying of the token has traditionally occurred prior to these announcements as investors scramble to improve their position. Post-date selling pressure has also been prevalent in previous cycles. The event has been criticized by lawmakers as a “pay-for-access” scheme and an “orgy of corruption” due to the direct link between token ownership and access to the sitting President.
Independent betting on Polymarket lists the chance of Trump launching a new digital token before year-end at 29%. The regulators and other market responses regarding the event have not been remarked upon by the organizers.
Trump Coin Price Poised For Major Recovery Within Wedge Pattern
Over the past two weeks, the Trump coin price has been wavering around the $3 level amid the escalating geopolitical tension in the Middle East. Despite this sluggish price action, the momentum indicator RSI shows an upward incline toward $1.47 per pound, indicating a surge in underlying buying pressure. If sustained buying the contract could rise roughly 25% to $2.365 and challenge the key resistance trendline of a falling wedge pattern.
Since March 2025, the Trump coin price has been actively resonating within the two converging trendlines of the pattern. Historically, this pattern indicated diminishing bearish momentum and kickstart for fresh recovery after its resistance trendline breakout.
Therefore, a potential breach of the overhead resistance would accelerate the recovery momentum and drive a price recovery $4.6 followed by a leap $5.8.
However, if the aforementioned conference act as a sell-the-event, incident the Trump coin price could reverse from the resistance level drive a fresh correction trend within wedge.