Bitcoin

3 Altcoins to Watch Ahead of Trump’s Gala Dinner This Week

Speculations around Trump and his next exclusive gala dinner and his Visit de la Maison Blanche on May 22 for the 220 best holders feed a renewed interest in several altcoins.

While Trump remains the main objective, other tokens focused on the story also gain momentum before the event. Tron (TRX), Eos Token, and Melania Melania (Melania) are three altcoins to watch.

Tron (TRX)

Justin Sun, founder of Tron, will attend President Trump’s next private dinner for the best holders of Trump coins, confirming previous speculation around his involvement.

According to Arkham Intelligence, a cold portfolio linked to HTX, the exchange associated with Sun, is currently at the top of the Trump ranking, making him the largest known holder of the token.

Although the identity behind the portfolio was not officially confirmed, Sun’s confirmed presence during the event intensified attention on the Trump and Tron token (TRX), supplying the buzz through the cryptographic space.

Price analysis TRX.
Price analysis TRX. Source: tradingView.

This projector could benefit the action of short -term TRX prices. If the momentum is built, TRX can pierce the resistance at $ 0.267, with the next target to increase at $ 0.279.

However, if the current support at $ 0.261 fails, the token could slip to $ 0.256.

A higher decrease trend could push further to $ 0.250 and potentially $ 0.243.

Eos

World Liberty Financial (WLFI) aroused controversy after buying $ 3 million from EOS, which increases eyebrows in the cryptographic community. The purchase – equivalent to 3.64 million EOS tokens – was linked to the increasing involvement of WLFI in politically affiliated crypto parts, in particular those linked to President Trump.

While EOS has climbed more than 9% since the acquisition, skepticism remains due to the recent loss of $ 125 million in WLFI against the sale of ETH allegedly in a local background earlier this year.

Despite the noise, there is no confirmed evidence of reprehensible acts in the EOS agreement, although the bonds of the company with Trump and its history continue to do a meticulous examination.

EOS price analysis.
EOS price analysis. Source: tradingView.

If the next Trump Coin dinner of President Trump – where the WLFI should attend – Altcoins affiliated with Boosts, EOS could benefit from the momentum.

A strong decision can lead to EOS to test resistance at $ 0.805 and $ 0.869. If the bullish feeling continues, it could increase more to $ 0.916 and $ 0.979.

But if confidence fades and EOS loses support at $ 0.754, it could drop quickly to $ 0.663.

Even Melania Official (Melania)

Melania, the memes piece inspired by First Lady Melania Trump, launched just after the Memes Trump play and remains closely linked to her story.

The token has dropped considerably from its top of all time, but still benefits from the political trend of coins. With Donald Trump’s gala dinner for the best Trump holders, Melania could see a renewal of interests.

Although he is not directly involved in the event, he can take the outflow of the attention of overflows linked to the Trump ecosystem.

Melania price analysis.
Melania price analysis. Source: tradingView.

In recent weeks, Melania has experienced a net rally of 50% before slipping 23.4% in the last seven days, showing clear volatility.

If the downward trend continues, the token could test key supports at $ 0.316 and $ 0.306, with a potential drop less than $ 0.30 that would mark new stockings of all time.

However, if feeling changes and momentum yields, Melania could bounce back to resistance at $ 0.362. A break can open the door to additional gains at $ 0.427 and possibly $ 0.487 if the rally is strengthening.

Non-liability clause

In accordance with the Trust project guidelines, this price analysis article is for information purposes only and should not be considered as financial or investment advice. Beincrypto is committed to exact and impartial reports, but market conditions are likely to change without notice. Always carry out your own research and consult a professional before making financial decisions. Please note that our terms and conditions, our privacy policy and our non-responsibility clauses have been updated.

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