TRUMP whales load up as Mar-a-Lago luncheon approaches
Burns Brief
After the luncheon announcement on March 12, the TRUMP token spiked more than 50% to a peak of $4 Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
After the luncheon announcement on March 12, the TRUMP token spiked more than 50% to a peak of $4.35; however, it has dropped more than 33% to trade at $2.80 as of Monday.
Key Takeaways
- After the luncheon announcement on March 12, the TRUMP token spiked more than 50% to a peak of $4
- 35; however, it has dropped more than 33% to trade at $2