The crypto market has recently seen a notable accumulation wave of TRUMP tokens, a meme coin linked to the Trump family, despite ongoing political disputes around the Trump Gala Dinner event. These activities indicate substantial interest from major investors, commonly referred to as \"whales,\" and underscore the TRUMP token's potential for growth amid a fluctuating market.

The accumulation momentum for the TRUMP token intensified as large investors continued to execute significant transactions. On April 28, 2025, a whale transferred 190,987 TRUMP tokens from Binance, boosting its total holdings to 1.389 million tokens, which equates to $20.59 million. This investor, identified under the alias \"MeCo,\" currently ranks second among the top holders competing for a place at the Trump Gala Dinner, just behind Justin Sun.

On the same day, another whale increased its holdings by acquiring an additional 92,460 TRUMP tokens, placing it among the top 125 holders. Prior to this, on April 27, a skilled trader exchanged 1.18 million Fartcoins for 78,671 TRUMP tokens. On April 26, a prominent whale reinvested initial profits along with fresh funds, purchasing $5.73 million worth of TRUMP tokens.

Additionally, on that date, a whale withdrew 413,530 TRUMP tokens from a centralized exchange (CEX). These transactions clearly demonstrate a trend: major investors are amassing TRUMP tokens to ensure their participation in the Trump Gala Dinner, an exclusive gathering limited to top token holders.

Despite these activities, TRUMP has displayed encouraging market performance signals. Data from BeInCrypto reveals that the price of TRUMP surged by 84% over the previous week, surpassing many other cryptocurrencies. The spot trading volume of TRUMP on Binance also experienced a dramatic increase of 202% within nine days. Nonetheless, these positive indicators have not mitigated the intense political controversy surrounding the Trump Gala Dinner.

On April 25, 2025, two U.S. Senators, Adam Schiff and Elizabeth Warren, addressed a letter to the U.S. Office of Government Ethics, urging an investigation into the event due to their belief that it contravenes federal ethics regulations. The Senators voiced concerns that the event might represent a \"pay-to-play\" scheme, where investors pay for political access, as Trump had promised a private dinner on May 22, 2025, for the top participants.

Following this announcement, the value of the TRUMP token exceeded $100 million, raising suspicions that the Trump family could be capitalizing on their political influence for financial gain. Schiff and Warren also questioned whether Trump or his family had received guidance on profiting from digital assets during his term. Additionally, they sought clarification on what measures exist to prevent the acquisition of political access through investments in TRUMP tokens.

This controversy has prompted wider inquiries regarding the intersection of cryptocurrency and politics, especially as more public figures participate in the crypto market. Furthermore, as previously reported by BeInCrypto, there is speculation that Trump might utilize the Trump Gala Dinner to promote a new NFT project.

In conclusion, the accumulation surge of TRUMP tokens to attend the Trump Gala Dinner highlights the meme coin's strong financial allure due to its social and political importance. Positive price and trading volume data strengthen investor trust in TRUMP's growth prospects. Nevertheless, the political controversies linked to the event also present considerable risks. Investors must stay alert, carefully tracking market trends and relevant legal aspects.

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