Gate News message. On April 13, the TRUMP token saw a brief rise of 50% after its March announcement that it would hold a luncheon at Mar-a-Lago, but it has fallen by more than 33% as of this Monday. The current trading price is $2.80. Data from blockchain analytics firm Lookonchain shows that some crypto whales have recently withdrawn a large amount of TRUMP tokens from a certain CEX. A single address holds over 1M coins, worth about $3.2 million. The luncheon will be held on April 25. The top 297 TRUMP holders will be invited to attend, and the top 29 will be able to take part in a private reception. CoinCarp data shows that more than 91% of the token supply is concentrated in the top 10 wallets. Analysts say that limited market liquidity and concentrated holdings amplify price volatility, and in the future the market may be driven by the midterm election and related events.
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