TRUMP Meme Coin Dinner Announcement Triggers $2.5B On-Chain Surge!
The TRUMP meme coin is making serious waves!
After an announcement on April 23, holders were promised a VIP dinner — and possibly a meet-and-greet with President Donald Trump himself!
According to Kaiko research, the news triggered a huge surge in TRUMP on-chain transfers, reaching a massive $2.5 billion!
Key highlights:
Top 220 holders: Exclusive Dinner Invite
Top 25 holders: Personal meet-and-greet with the President
TRUMP price jumped 60% ($9 to $14.50)
Trading volume hit highest levels since February
TRUMP dominated nearly 50% of all meme coin volume on CEXs last Wednesday!
Even smaller wallets got in the action:
75% of active wallets transferred less than $10K
47.2% of them made tiny transfers (under $1K) on Solana!
Controversy brewing:
Not everyone’s happy — critics and ethics advocates say rewarding buyers blurs the lines between politics and personal gain.
Senator Jon Ossoff even called for Trump's impeachment over the event!
Meanwhile, suspicious movements hint at potential involvement from Justin Sun, founder of Tron and Trump supporter.
(Arkham Intelligence spotted some interesting wallet activities after the announcement!)
What’s next?
Although activity cooled slightly, Kaiko expects another wave of intense action as the May 12 deadline approaches.
To qualify for the dinner, participants must hold TRUMP consistently from April 23 – May 12.
More fireworks likely incoming!
Stay tuned!
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