A snapshot of top holders will be taken on May 12 to determine which 220 wallets will be invited to the event. However, there is a catch. These holdings will be weighted based on the amount of time during which the tokens have been held.<\/p>\n
TRUMP\u2019s First Tranche of Vested Tokens Will Be Freed This Month<\/span><\/h2>\nLong-term holders will be granted a higher weight for their commitment to be loyal to the President\u2019s meme coin.<\/p>\n
![\"certain](\"https:\/\/icobench.com\/wp-content\/uploads\/2025\/04\/certain-restrictions-apply-to-be-eligible-for-trumps-dinner-1.png\")
<\/p>\n
Certain restrictions apply to prospective invitees. They must go through a background check and they cannot be on a KYC watchlist.<\/p>\n
This is the latest attempt from Trump\u2019s team to keep the price of the meme coin afloat after its post-inauguration-day collapse.<\/p>\n
Despite booking a 68.3% weekly gain, TRUMP is still trading nearly 83% below its all-time high of $75.35 per token.<\/strong><\/p>\nThe meme coin\u2019s vesting schedule indicates that the first 36 million TRUMP tokens to be added to its circulating supply should be unlocked this month. This would raise the circulating supply to 236 million coins.<\/p>\n
The timing of this event may have been carefully orchestrated to cushion the negative impact that this supply increase would have on the price of the token.<\/p>\n
TRUMP Rejects Move Above $16 \u2013 Will the Uptrend Reverse Its Course?<\/span><\/h2>\nTrading volumes for TRUMP have skyrocketed by 472% in the past 24 hours as investors have rushed to acquire the token to make it to the list of 220 lucky individuals who will get to meet the President of the United States.<\/p>\n
![\"trump](\"https:\/\/icobench.com\/wp-content\/uploads\/2025\/04\/trump-rejects-move-above-16-per-coin.png\")
<\/p>\n
Similar to most cryptocurrencies today, TRUMP has climbed above its 21-day exponential moving average (EMA) as the market welcomed the White House\u2019s latest comments on tariffs.<\/p>\n
Several Trump aides have said that they are ready to negotiate with China to reduce levies as the current situation is not sustainable.<\/p>\n
Moreover, Trump himself emphasized that he does not plan to oust the Chairman of the Federal Reserve, Jerome Powell, after he blasted the head of the central bank a few days ago by calling him a \u201cmajor lower\u201d for refusing to lower rates.<\/p>\n
Looking at the daily chart, TRUMP found strong support at around $7 per coin and bounced strongly off that area. At some point during today\u2019s session, the price more than doubled from that all-time low as it reached $16.<\/p>\n
This was the session\u2019s peak and seems to be the most relevant psychological resistance to overcome in the following days, as the selling pressure was quite strong at that level.<\/p>\n
TRUMP\u2019s volume profile shows that the range between $15 and $19 is the most heavily contested zone,<\/strong> as the one that has seen the highest trading volumes since the token was launched.<\/p>\nA rejection of a move above the $16 level will likely result in near-term weakness for TRUMP and could push it to its nearest support \u2013 the 21-day EMA.<\/p>\n
Momentum indicators are heavily stretched at this point as the Relative Strength Index (RSI) has reached overbought levels already, while the MACD\u2019s histogram has been rising for six consecutive days.<\/p>\n
As TRUMP drives higher transaction volumes to Solana, the need for a layer-two scaling protocol like Solaxy (SOLX)<\/a> becomes more evident than ever.<\/p>\nSolaxy (SOLX) Raises Millions to Fix Solana\u2019s Congestion Issues<\/span><\/h2>\nBack in January, when TRUMP and MELANIA were launched, Solana struggled to keep up and delivered errors and caused delays to both users and exchanges.<\/p>\n
![\"solaxy](\"https:\/\/icobench.com\/wp-content\/uploads\/2025\/04\/solaxy-raises-over-30m.png\")
<\/p>\n
Solaxy solves this issue by alleviating the mainnet\u2019s burden during peak usage times by bundling transactions offline in a side chain.<\/p>\n
The developing team has already launched the Solaxy testnet and has made available an explorer for prospective investors to see the project\u2019s satisfactory results.<\/p>\n
Once the Solaxy mainnet is launched, demand for $SOLX will rise as both exchanges and wallets will embrace it to offer users lower fees and faster transaction execution speeds.<\/p>\n
To buy $SOLX, simply head to the Solaxy website<\/a> and connect your wallet. You can either swap SOL, USDT, or ETH, or use a bank card to make your investment.<\/p>\n
<\/p>\nThe meme coin\u2019s vesting schedule indicates that the first 36 million TRUMP tokens to be added to its circulating supply should be unlocked this month. This would raise the circulating supply to 236 million coins.<\/p>\n
The timing of this event may have been carefully orchestrated to cushion the negative impact that this supply increase would have on the price of the token.<\/p>\n
TRUMP Rejects Move Above $16 \u2013 Will the Uptrend Reverse Its Course?<\/span><\/h2>\nTrading volumes for TRUMP have skyrocketed by 472% in the past 24 hours as investors have rushed to acquire the token to make it to the list of 220 lucky individuals who will get to meet the President of the United States.<\/p>\n
<\/p>\n
Similar to most cryptocurrencies today, TRUMP has climbed above its 21-day exponential moving average (EMA) as the market welcomed the White House\u2019s latest comments on tariffs.<\/p>\n
Several Trump aides have said that they are ready to negotiate with China to reduce levies as the current situation is not sustainable.<\/p>\n
Moreover, Trump himself emphasized that he does not plan to oust the Chairman of the Federal Reserve, Jerome Powell, after he blasted the head of the central bank a few days ago by calling him a \u201cmajor lower\u201d for refusing to lower rates.<\/p>\n
Looking at the daily chart, TRUMP found strong support at around $7 per coin and bounced strongly off that area. At some point during today\u2019s session, the price more than doubled from that all-time low as it reached $16.<\/p>\n
This was the session\u2019s peak and seems to be the most relevant psychological resistance to overcome in the following days, as the selling pressure was quite strong at that level.<\/p>\n
TRUMP\u2019s volume profile shows that the range between $15 and $19 is the most heavily contested zone,<\/strong> as the one that has seen the highest trading volumes since the token was launched.<\/p>\nA rejection of a move above the $16 level will likely result in near-term weakness for TRUMP and could push it to its nearest support \u2013 the 21-day EMA.<\/p>\n
Momentum indicators are heavily stretched at this point as the Relative Strength Index (RSI) has reached overbought levels already, while the MACD\u2019s histogram has been rising for six consecutive days.<\/p>\n
As TRUMP drives higher transaction volumes to Solana, the need for a layer-two scaling protocol like Solaxy (SOLX)<\/a> becomes more evident than ever.<\/p>\nSolaxy (SOLX) Raises Millions to Fix Solana\u2019s Congestion Issues<\/span><\/h2>\nBack in January, when TRUMP and MELANIA were launched, Solana struggled to keep up and delivered errors and caused delays to both users and exchanges.<\/p>\n
<\/p>\n
Solaxy solves this issue by alleviating the mainnet\u2019s burden during peak usage times by bundling transactions offline in a side chain.<\/p>\n
The developing team has already launched the Solaxy testnet and has made available an explorer for prospective investors to see the project\u2019s satisfactory results.<\/p>\n
Once the Solaxy mainnet is launched, demand for $SOLX will rise as both exchanges and wallets will embrace it to offer users lower fees and faster transaction execution speeds.<\/p>\n
To buy $SOLX, simply head to the Solaxy website<\/a> and connect your wallet. You can either swap SOL, USDT, or ETH, or use a bank card to make your investment.<\/p>\n
<\/p>\nA rejection of a move above the $16 level will likely result in near-term weakness for TRUMP and could push it to its nearest support \u2013 the 21-day EMA.<\/p>\n
Momentum indicators are heavily stretched at this point as the Relative Strength Index (RSI) has reached overbought levels already, while the MACD\u2019s histogram has been rising for six consecutive days.<\/p>\n
As TRUMP drives higher transaction volumes to Solana, the need for a layer-two scaling protocol like Solaxy (SOLX)<\/a> becomes more evident than ever.<\/p>\n Back in January, when TRUMP and MELANIA were launched, Solana struggled to keep up and delivered errors and caused delays to both users and exchanges.<\/p>\n Solaxy solves this issue by alleviating the mainnet\u2019s burden during peak usage times by bundling transactions offline in a side chain.<\/p>\n The developing team has already launched the Solaxy testnet and has made available an explorer for prospective investors to see the project\u2019s satisfactory results.<\/p>\n Once the Solaxy mainnet is launched, demand for $SOLX will rise as both exchanges and wallets will embrace it to offer users lower fees and faster transaction execution speeds.<\/p>\n To buy $SOLX, simply head to the Solaxy website<\/a> and connect your wallet. You can either swap SOL, USDT, or ETH, or use a bank card to make your investment.<\/p>\nSolaxy (SOLX) Raises Millions to Fix Solana\u2019s Congestion Issues<\/span><\/h2>\n
<\/p>\n