Now that spring is finally here, it’s time to start transitioning your wardrobe from winter into the current season. That doesn’t necessarily mean put away all sweaters and coats, because as we know spring can be very fickle. But there are a few tricks to making those winter-looks more spring friendly.
Transitional Coats: Last week I talked about transitional coats, and these are the perfect items to add into your wardrobe right now. Lightweight, but will still keep you warm on a cool night. Spring Sweaters: Layer with a transitional coat, or wear on its own, some of your winter sweaters are easy to wear into spring. I lived in these cashmere sweaters from Everlane all winter, and I know I’ll be pairing them with skirts and shorts for spring. Pumps instead of Boots: I’ve traded in my boots for pumps. Keeping my feet warm isn’t a priority anymore, so it’s time to break out my favorite heels and pair back to effortless denim. These pumps have been worth the investment – I wear them the most during spring.
Despite political controversies surrounding the Trump Gala Dinner event, the crypto market has recently witnessed a significant accumulation wave of the TRUMP token, a meme coin associated with the Trump family.
These activities reflect strong interest from major investors, often called “whales,” and highlight the TRUMP token’s growth potential amidst a volatile market.
Whales’ accumulation to secure VIP tickets
The accumulation trend for the TRUMP token gained momentum as large investors consistently executed noteworthy transactions.
On April 28, 2025, a whale withdrew 190,987 TRUMP tokens from Binance, increasing its total holdings to 1.389 million tokens, equivalent to $20.59 million. This investor, known by the alias “MeCo,” currently holds the second position among the top holders vying for a spot at the Trump Gala Dinner, trailing only Justin Sun.
On the same day, another whale bolstered its holdings by adding 92,460 TRUMP tokens, belonging to the top 125 holders.
Before that, on April 27, a savvy trader swapped 1.18 million Fartcoins for 78,671 TRUMP tokens. Moving to April 26, a prominent whale reinvested early profits and additional funds, purchasing $5.73 million worth of TRUMP tokens.
These transactions reveal a clear trend: major investors are accumulating TRUMP tokens to secure their spots at the Trump Gala Dinner, an exclusive event reserved for top token holders.
Challenges starting
Despite these activities, TRUMP has shown positive performance signals in the market. According to data from BeInCrypto, the price of TRUMP surged by 84% over the past seven days, outpacing many other cryptocurrencies.
The spot trading volume of TRUMP on Binance also skyrocketed by 202% within nine days. However, despite these positive indicators, the Trump Gala Dinner has sparked intense political controversy.
On April 25, 2025, two US Senators, Adam Schiff and Elizabeth Warren, sent a letter to the U.S. Office of Government Ethics. They called for an investigation into the event because they believed it violated federal ethics regulations.
The Senators expressed concerns that the event could constitute a “pay-to-play” scheme. Investors pay for political access, as Trump promised a private dinner on May 22, 2025, for the top.
Following this announcement, the TRUMP token’s value surged over $100 million. This raised suspicions that the Trump family might leverage their political influence for profit.
Schiff and Warren also questioned whether Trump or his family had received guidance on profiting from digital assets during his tenure. And what safeguards exist to prevent the purchase of political access through TRUMP token investments?
First, Donald Trump launches a memecoin, netting himself billions.
Next, his family gets in on the scheme.
Now his billionaire buddies are getting even richer too.
This controversy has sparked broader questions about the intersection of cryptocurrency and politics, particularly as more public figures engage with the crypto market.
Furthermore, as previously reported by BeInCrypto, there is speculation that Trump might use the Trump Gala Dinner to promote a new NFT project.
In summary, the accumulation wave of TRUMP tokens to attend the Trump Gala Dinner shows this meme coin’s strong financial appeal due to its social and political significance. Positive price and trading volume data reinforce investor confidence in TRUMP’s growth potential.
However, the political controversies surrounding the event also introduce significant risks. Investors should remain vigilant, closely monitoring market developments and related legal factors.
Some altcoins are heating up as speculation swirls around TRUMP and its recently announced exclusive Gala Dinner and White House tour for the top 220 TRUMP holders, sparking a frenzy in the market.
While TRUMP has dominated headlines, several related and narrative-driven altcoins are also gaining traction and could see major moves in the lead-up to the event. Here are three altcoins to watch before Trump’s Gala Dinner: TRON (TRX), ConstitutionDAO’s PEOPLE token, and the Official Melania Meme (MELANIA).
According to Arkham Intelligence, a cold storage wallet associated with HTX—an exchange linked to Sun—has claimed the top spot on the official TRUMP leaderboard.
While the identity behind the wallet hasn’t been confirmed, the speculation alone has spotlighted TRUMP and Tron (TRX), potentially driving renewed interest and demand for the token.
If TRX catches momentum from this attention, it could break above key resistance levels at $0.249, $0.255, and $0.259. A strong rally could propel the price toward $0.30, possibly as high as $0.40—territory it hasn’t seen since December 3, 2024.
While the rumors remain unconfirmed, the narrative surrounding Sun’s potential involvement is already energizing the Tron ecosystem.
ConstitutionDAO (PEOPLE)
ConstitutionDAO was a short-lived but historic experiment in Web3 coordination. In November 2021, a group of crypto enthusiasts formed a decentralized autonomous organization (DAO) with the ambitious goal of purchasing one of the original copies of the U.S. Constitution at a Sotheby’s auction.
With only 13 known physical copies, the event attracted massive public attention and intense bidding competition.
Although the DAO ultimately lost the auction and has since been dissolved, its native token, PEOPLE, remains active and continues to trade in the crypto market.
The token has recently formed golden crosses—a bullish technical signal that occurs when short-term moving averages cross above long-term ones—suggesting growing upside momentum.
If this strength continues, PEOPLE could be on track to test key resistance levels at $0.0174, $0.0193, and potentially even $0.0239.
Official Melania Meme (MELANIA)
MELANIA, the meme coin inspired by former First Lady Melania Trump, was launched just days after the TRUMP token and has remained closely tied to its narrative.
While MELANIA has seen a significant drop from its all-time high, it could benefit indirectly from the hype surrounding Donald Trump’s upcoming Gala Dinner for top TRUMP holders.
As attention builds around TRUMP and its community, spillover interest could reignite momentum for tokens like MELANIA, especially among traders chasing political meme coin trends.
Hedera’s Long/Short ratio has soared to a 30-day high, signaling a bullish shift in market sentiment.
This comes amid severe market volatility and huge long liquidations across many assets. With growing bullish sentiment, HBAR could reverse its downward trend and record gains in the near term.
HBAR Shows Bullish Signs as Long Positions Surge
Despite a broader market downturn that has weighed on altcoin prices, HBAR is bucking the trend in terms of investor positioning.
Coinglass data shows that many traders are entering long positions on the token, indicating growing confidence in a potential upside move. This is reflected by its Long/Short, which currently sits at a 30-day high of 1.06 at press time.
The long/short ratio measures the proportion of long positions (bets on price increases) to short positions (bets on price declines) in the market. A ratio below one means there are more short positions than long positions.
Conversely, as with HBAR, when an asset’s long/short ratio is above one, more traders are holding long positions than short positions, indicating a bullish market sentiment.
Further, HBAR’s open interest has climbed, supporting this bullish outlook. As of this writing, it is at $142 million, rising 3% in the past 24 hours. Notably, during this period, HBAR’s price is down 2%.
When an asset’s price falls, but open interest rises, it suggests that traders are still actively entering new positions, potentially anticipating a future price rebound despite the current decline.
A combined reading of HBAR’s long/short ratio and rising open interest amid falling prices signals that the majority of its traders have a bullish outlook. This indicates that even with price declines, HBAR traders anticipate an upward trend in the near future.
Profit-Taking Threatens HBAR’s Rally
At press time, HBAR exchanges hands at $0.15. The gradual resurgence in bullish sentiment and new demand could reverse its current downtrend and push HBAR toward $0.17.
