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President Donald Trump has announced plans to raise tariffs on Indian goods following India’s oil trade with Russia. Trump said India is making money from oil purchased from Russia while ignoring the ongoing war in Ukraine. Probable Trump Tariffs Raise Risks Straining On U.S.-India Ties In a statement on TruthSocial, Trump criticized India for buying
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After a massive plunge, the time for meme coins to hold has returned as Donald Trump is fully focused on crypto. During his election time, Trump had promised to make crypto made in America, and a significant development is being made in the current time, especially as he has recently hosted ‘Crypto & AI Innovators Dinner’, and another is due later for the specific crypto users. Let’s discuss.
In the May 5 crypto dinner, titled ‘Crypto & AI Innovators Dinner, ’ the U.S. President has confirmed the date for the awaited timeline of the next dinner. The dinner is exclusively reserved for the top 220 TRUMP coin holders, set to happen on May 22. So, Official Trump (TRUMP )is among the top meme coins to hold, but other cryptos like MAGA (MAGA), MAGA (TRUMP), Dogecoin (DOGE), and PEPE (PEPE) could also face a bullish push under this crypto-focused event’s influence.
According to the official announcements, users with high TRUMP coin holdings can participate in Donald Trump’s 22 May crypto dinner. However, only the top 250 people would be chosen, so investors must continue to hold their meme coin holdings. Due to this news, the TRUMP coin price has surged effectively, trading at $11 with high trading volume.
MAGA and TRUMP are two other popular Trump-themed meme coins that always show movements with Trump news. Some crypto experts forecasted a similar reaction with the May 22 dinner. The successful completion of the event could fuel their prices. At present, they trade at $0.00001148 and $0.1911 after a surge with the announcement.
Dogecoin is the most popular and biggest meme-themed cryptocurrency on the market. Although it has no direct connection with Trump, it is among the top meme coins to hold due to its general demand and historical performance. If the bull’s dominance set in this category with Donald Trump dinner, DOGE hodling could turn fruitful. At present, it trades at $0.1698 with experts anticipating a 2x Dogecoin price rally.
PEPE was the most bullish crypto of 2024 with multiple ATH peaks and constant rallies. Although the downtrend also affected its price, the quick recovery boosted its demand. The same stands true for 2025 as investors await a further bullish stimulus for the higher rally, which could happen with Trump’s May 22 event. With additional research, investors can consider this top meme coin to buy, currently trading at $0.000007995.
The Donald Trump crypto dinner on May 5 received criticism, especially regarding the conflict of interest and high spending, as one plate cost $1.5 million. However, despite that, Trump remains optimistic on crypto, calling this something he wants to do, and if they don’t, China will do it.
I’m not profiting from anything. All I’m doing is I started this long before the election. I want crypto.
Now the eyes are on the May 22 crypto dinner, inviting 250 top TRUMP holders for dinner and top 25 holders for a private reception and White House Tour. With research, investors can consider Official Trump, MAGA, TRUMP, and a few other meme coins to hold for significant returns.
The post Top 5 Meme Coins to Hold Before Donald Trump May 22 Crypto Dinner appeared first on CoinGape.
Paul Atkins, a pro-crypto lawyer, has become the new head of the Securities and Exchange Commission (SEC). He replaces Gary Gensler, an official who focused on litigation, filing lawsuits against multiple companies. Therefore, it is likely that some altcoins, such as Hedera Hashgraph (HBAR), Ripple (XRP), and Solana (SOL), will surge 10X after this change in leadership at the agency.
The crypto market is expected to thrive after the new change in leadership. A likely catalyst for this is that the agency is expected to approve most of the 72 crypto ETFs filed by companies such as Franklin Templeton, Canary, and Grayscale.
Additionally, the SEC is likely to avoid filing major lawsuits against the crypto sector. XLM, XRP, and SOL will all be beneficiaries of these events.
Hedera Hashgraph is one of the top altcoins that could surge 10x after the recent events at the SEC. That’s because Canary has applied for a spot HBAR ETF, which will likely be approved in the coming months.
HBAR price has also formed a falling wedge pattern on the daily chart. The two lines are nearing their confluence level, while the price has moved slightly above the upper side. Additionally, top oscillators, such as the Relative Strength Index, have formed a bullish divergence pattern, indicating a strong surge.
Therefore, the HBAR token is likely to experience a strong bullish breakout in the coming months, with a target of $0.2500.
XRP is another top altcoin to buy due to its history with the SEC. The SEC recently concluded its litigation with Ripple, allowing the company to engage in transactions with other financial services industry entities.
The agency is also expected to approve some or all of the ETF applications by companies like Grayscale, Canary, Bitwise, and 21Shares. Such a move is expected to lead to over $8 billion in inflows.
XRP price has formed a falling wedge chart pattern, pointing to an eventual rally in the coming weeks. If this happens, the price to watch will be $3, up by 43% from the current level.
Solana is also one of the top altcoins to buy and hold for 10x gains in the near term. Like XRP and HBAR, several companies like Canary and Bitwise have applied for a spot SOL ETF.
The coin has also formed a cup-and-handle pattern on the weekly chart. It has a depth of about 96%. Therefore, measuring the same distance from the upper side of this pattern will bring the next target to $500.
Solana may also benefit from the growing ecosystem, and the fact that some companies like Upexy and Janover have started accumulating the token.
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CME has announced that its XRP and Micro XRP futures have hit a major milestone. On July 11, more than $235 million worth of these futures were traded in a single day. This took the cumulative notional volume since inception to surpass $1.6 billion. Rising Institutional Interest in CME XRP futures Shown in Record Trading
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