Investor Rebuys TRUMP Tokens After Missing Out on Surge
A crypto investor who sold TRUMP tokens early has now bought back in. They purchased 337,000 TRUMP tokens, spending around 5.196 million USDC. The average price was $15.39 per token, nearly double the price they sold at earlier.
On-chain analyst Ember CN shared this news. The investor initially sold 630,000 tokens at $8.70 each. This was just before a dinner event with former President Trump was announced. The event caused the token’s value to soar. The dinner plan is for the top 220 holders. It’s set for may 22 in Washington, D.C. The investor missed out on a big gain. They sold too soon and missed a price jump. The dinner proclamation boosted the token’s value. The tokens are now worth much more.
Ember CN explained the situation.the investor sold their tokens 20 hours before the dinner news. They missed out on about $3.8 million in profits. The dinner is for the top 220 holders. This event has driven up the token’s price.The dinner is a key factor in the token’s rise. The dinner is for the top holders. It’s a private club dinner in Washington, D.C. The dinner news made the token’s price rise sharply.The token’s price is now almost double their selling price.
Other traders are also changing their portfolios. One trader exchanged Fartcoin for TRUMP tokens. They got 78,671 TRUMP tokens. They used their Fartcoin holdings, worth $1.22 million. The token’s value jumped by nearly 90%. But it’s still down 80% from its peak of $73. The token’s value is now much higher than before. The top holder has over 1.22 million tokens. The second-largest holder has about 1.19 million tokens. The dinner event has made the token more valuable. But the token’s value is still down from its peak. The token’s price spiked after the dinner news. The dinner is a big draw for holders. They want to keep their spot on the leaderboard.This ensures they get an invite to the dinner. The dinner is a big draw for holders. They aim to keep their ranking. This keeps their place on the leaderboard.
Democratic lawmakers are watching this closely. They see it as a way to meet Trump. The dinner is a big deal for holders. It’s a chance to meet Trump.This has made the token popular again.
Despite the recent rise, the token’s value is still down from its all-time high. The token’s value is now around $15.39. The token’s value is still down from its peak. the token’s value is now much lower than its highest point. The dinner event has been a key factor in the token’s recent price surge.
