The $TRUMP token recently surged over 70% to a high of $16.17 after President Trump announced a private dinner on May 22, inviting the first 220 token holders to attend, before dropping back to $13.39.

The token was launched in January 2025, with the initial price quickly rising to $75, but subsequently falling over 80%. This dinner event is seen as a marketing strategy to boost the price; however, the event terms state that Trump may be unable to attend due to force majeure, in which case a limited edition NFT will be offered as compensation.

Additionally, participants are required to cover their own expenses and undergo background checks. The association of the token with political figures has raised concerns about conflicts of interest and ethical issues. Investors should carefully assess their investment risks.