$BTC

The price of President Donald Trump's meme coin, $TRUMP, surged 54% on Wednesday, (April 24, 2025) afternoon after the official account and website of the coin announced plans for an exclusive gala dinner. The event is promised for the 220 largest coin holders and is scheduled to take place next month.

According to CoinDesk, $TRUMP was trading at a price of US$14 or around Rp236,271 on Wednesday afternoon. This increase occurred after the announcement regarding the dinner event at Trump's golf club outside Washington on May 22.

However, the price of the coin is still far from its peak in January, which was around US$75 ahead of the presidential inauguration. Meme coins like $TRUMP generally decline after an initial spike due to lacking real utility.