TRUMP rallies over 50% as Mar-a-Lago event drives whale activity

cryptonews03-18

Whale activity around the Official Trump (TRUMP) token, which is tied to United States President Donald Trump, has hit a five-month high according to on-chain data. Summary Whale wallets holding ...

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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTRUMP rallies over 50% as Mar-a-Lago event drives whale activity\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-03-18 17:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://crypto.news/trump-rallies-over-50-as-mar-a-lago-event-drives-whale-activity/><strong>cryptonews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Whale activity around the Official Trump (TRUMP) token, which is tied to United States President Donald Trump, has hit a five-month high according to on-chain data.\n\n\nSummary\n\n\n\nWhale wallets holding ...</p>\n\n<a href=\"https://crypto.news/trump-rallies-over-50-as-mar-a-lago-event-drives-whale-activity/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MEME","symbol_name":"Roundhill Meme Stock ETF","start_time":0,"source_url":"https://crypto.news/trump-rallies-over-50-as-mar-a-lago-event-drives-whale-activity/","article_id":"2620239411","we_media_id":null,"thumbnails":[],"rights":{"source":"crypto_news_highlight","url":"https://crypto.news/trump-rallies-over-50-as-mar-a-lago-event-drives-whale-activity/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2620239411","pubTimestamp":1773826200,"columns":[],"sourceInfo":{"source_id":"crypto_news_highlight","name":"Crypto News"},"weMediaInfo":null,"summary":"Whale activity around the Official Trump  token, which is tied to United States President Donald Trump, has hit a five-month high according to on-chain data.Whale wallets holding over 1 million TRUMP tokens have risen to a five-month high of 83, with combined holdings valued at around $3.7 million, according to Santiment.TRUMP price has climbed more than 50% from recent lows after a Mar-a-Lago luncheon announcement for top holders, though the token remains over 95% below its all time high.TRUMP has remained in a steady downtrend since the start of the year, but activity picked up pace after the project’s team announced a luncheon event at Trump’s Mar-a-Lago residence, where the U.S. president is expected to host top token holders.TRUMP started rallying from multi-month lows near $2.7, climbing more than 50% to reach a peak of $4.35. As of press time, the token is up over 26% in the past 7 days, though it remains down more than 95% from its all time high of $73.43.","collect":0,"end_time":0,"defaultTopTitle":"crypto.news","property":[],"viewcount":null,"language":"en","relate_stocks":{"MEME":"Roundhill Meme Stock ETF"},"translate_title":"海湖庄园事件推动鲸鱼活动，特朗普股价上涨逾50%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MEME":1},"content_text":"Whale activity around the Official Trump (TRUMP) token, which is tied to United States President Donald Trump, has hit a five-month high according to on-chain data.\n\n\nSummary\n\n\n\nWhale wallets holding over 1 million TRUMP tokens have risen to a five-month high of 83, with combined holdings valued at around $3.7 million, according to Santiment.\nTRUMP price has climbed more than 50% from recent lows after a Mar-a-Lago luncheon announcement for top holders, though the token remains over 95% below its all time high.\n\n\n\nAccording to Santiment, there are now 83 wallets that hold more than 1 million Official Trump (TRUMP) tokens. Collectively, these holdings amount to roughly $3.7 million worth of the tokens, marking the highest level recorded since Oct. 8 last year.\nTRUMP has remained in a steady downtrend since the start of the year, but activity picked up pace after the project’s team announced a luncheon event at Trump’s Mar-a-Lago residence, where the U.S. president is expected to host top token holders.\nBeyond the main event, those ranked among the top 297 holders are eligible to attend, while the top 29 wallets will qualify for a private reception with the president, subject to background checks.\nSeveral figures across the crypto sector are expected to take part in the gathering, which appears to have driven the recent surge in interest around the token.\nAdditional data from CoinCarp shows that TRUMP has 642,882 holders, though concentration remains heavily skewed. Over 91% of the supply is held by the top 10 wallets, while roughly 97% sits with the top 100 wallets.\nTRUMP started rallying from multi-month lows near $2.7, climbing more than 50% to reach a peak of $4.35. As of press time, the token is up over 26% in the past 7 days, though it remains down more than 95% from its all time high of $73.43.\nFor TRUMP holders, this pattern is not new. Last year, a similar gala-style event was announced, which saw the token rally sharply in the lead-up.\nHowever, after the initial momentum faded, the token entered a prolonged downtrend, and unless market conditions change meaningfully, the latest event could follow a similar trajectory.\nRegulatory concerns remain\nWhile the upcoming event has generated renewed interest among crypto participants, it is also likely to draw scrutiny in Washington, where lawmakers have continued to question whether such initiatives present conflicts of interest.\nLast year, Democratic Senator Jon Ossoff called for Trump’s impeachment over the memecoin dinner, while Senators Elizabeth Warren and Adam Schiff urged ethics officials to review the president’s involvement with the event.\nMeanwhile, Representative Sam Liccardo introduced the Modern Emoluments and Malfeasance Enforcement (MEME) Act in February 2025, seeking to bar federal officials and their families from issuing or promoting digital assets.\nSimilar concerns could resurface this time around, as lawmakers have already raised questions over potential foreign influence and financial interests tied to Trump-linked crypto ventures.\n\n\n\n\n\n                Read more:\n            \n\n                Crypto market rises as SCOTUS strikes down Donald Trump’s tariffs","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.40.0","shortVersion":"4.40.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2620239411","isCrawlerRequest":true}