$TRUMP
$TRUMP Coin Surges Amid Exclusive Dinner Invitation with President Trump
The $TRUMP meme coin has experienced a significant surge, climbing over 60% following an announcement that former President Donald Trump will host an exclusive dinner for the top 220 holders of the cryptocurrency. The event is scheduled for May 22, 2025, at the Trump National Golf Club in Washington, D.C. The top 25 investors will receive additional perks, including a VIP reception and a special tour.
This initiative is part of a broader push by Trump and his family into cryptocurrency ventures, including launching the exchange World Liberty Financial and expanding Trump Media & Technology Group’s crypto finance operations. Trump, aspiring to be America's first "crypto president," has relaxed crypto regulations, sparking concerns about conflicts of interest and ethics violations.
Critics argue that the event exemplifies using presidential office for personal financial gain. The coin, initially launched before Trump’s January 20 inauguration, has generated at least $350 million in fees for entities tied to the president. Amid previous expectations of a token collapse, the event and a 90-day delay on unlocking 40 million new tokens have rejuvenated investor interest.
As of the latest data, the live price of OFFICIAL TRUMP is $12.34 per TRUMP/USD, with a current market cap of $2.47 billion USD. The 24-hour trading volume stands at $