$TRUMP Trump's dinner ignites madness TRUMP.. whales are hoarding the supply in the hands of the big players

Attention is turning to the TRUMP currency linked to U.S. President Donald Trump, after a strong surge driven by a notable increase in holdings by major investors, amid a sharp concentration of supply placing the currency under the control of a limited class of wallets.

Data from CoinCarp showed that over 91% of the total supply of the currency is concentrated in the top 10 wallets, while the largest 100 wallets hold more than 97%, indicating a clear dominance of whales over market movement.

In parallel, the number of wallets containing more than one million units of TRUMP rose to 83 wallets, the highest level in five months, according to data from Santiment, with an estimated value of about $3.7 million for each wallet.

This rising activity followed the announcement of an exclusive lunch event taking place on April 25 at the Mar-a-Lago resort in Florida, where the top 297 holders of the currency will be invited, with the best 29 of them receiving a special opportunity to meet Trump after passing security checks.

This announcement drove the currency price to rise by more than 50%, peaking at $4.35, before stabilizing currently around $3.71, achieving weekly gains of about 27%.