Trump’s Gala Dinner Could Impact These 3 Altcoins — Here’s Why

• The crypto market is surging, fueled by Donald Trump’s Gala Dinner hype, spotlighting TRX, PEOPLE, and MELANIA tokens.
• TRON (TRX) targets $0.30, PEOPLE surges 35%, and MELANIA climbs 29%, driven by political token enthusiasm.

The crypto market, just with some coins, is surging recently, driven by the hype of Donald Trump’s exclusive Gala Dinner and White House tour. The event is planned to honor the top 220 holders of the TRUMP token. In the middle of these speculations, three altcoins—TRON (TRX), ConstitutionDAO’s PEOPLE, and the Official Melania Meme (MELANIA)—seem promising for the potential surge. 

As TRUMP dominates much of the attention, ventures associated with American politics or politicians are starting to emerge with Investors are looking for opportunities related to this singular confluence of crypto and politics.

TRON (TRX) Eyes $0.30 Target Amid Hype

Speculation that Justin Sun, founder of Tron, might be the largest TRUMP token holder has thrown TRX into the spotlight. A cold wallet connected to HTX, an exchange associated with Sun, currently leads the official TRUMP leaderboard, according to Arkham Intelligence. Although the wallet’s ownership remains unconfirmed, the buzz has been enough to revitalize interest around Tron’s native token.

Source: TradingView

Currently trading at $0.2515, TRX’s major resistance remains at $0.275, while nearer support stands at $0.25 and far support sits at $0.225. The token has made a breakout at $0.2412 and hints at a further surge too. If the token successfully adopts its bull run, then the next target could be $0.30.

Despite no official confirmation of Sun’s participation, the mere possibility of his attendance has injected new energy into the TRON community, fueling optimism and greater trading volumes.

ConstitutionDAO’s PEOPLE Sees 35% Weekly Growth

ConstitutionDAO, despite its dissolution, continues to leave an imprint on the crypto world. Formed in November 2021 by crypto enthusiasts aiming to purchase an original U.S. Constitution copy, the DAO created a whirlwind of public interest before narrowly losing at Sotheby’s auction. Only 13 such copies are known to exist, making the event a historic moment for decentralized communities.

Though the DAO no longer operates, PEOPLE, its native token, has seen a 35% surge over the past week. This movement coincides with the broader hype surrounding political tokens. Recently, PEOPLE has even formed golden crosses, a classic bullish indicator suggesting stronger upward momentum.

Source: TradingView

If the current strength holds, PEOPLE could test key price levels at $0.0175 and $0.0191 and possibly reach as high as $0.0240, restoring much of the token’s lost luster among long-time supporters.

MELANIA Token Climbs 29% Amid Political Meme Craze

Official Melania Meme (MELANIA), created just after the TRUMP token’s launch, is regaining attention. Initially riding on the fame of former First Lady Melania Trump, the token is now drawing spillover interest from the upcoming Gala Dinner excitement.

Over the last seven days, MELANIA has risen more than 29%, signaling that bullish sentiment might be returning to the political meme coin niche. If momentum persists, the token faces immediate resistance at $0.57, with additional barriers at $0.66 and $0.81 ahead.

Source: TradingView

Although MELANIA remains far from its previous all-time highs, a rally driven by renewed political enthusiasm could see it reclaim a significant portion of its earlier value.