$TRUMP skyrocketed more than 70% on April 24, 2025, after former President Donald Trump announced a special event: a private dinner for 220 holders of the most tokens. This event, scheduled to take place on May 22 at Trump National Golf Club in Washington, D.C., promises a VIP reception and a special tour for the top 25 individuals.
This announcement sparked a wave of FOMO (fear of missing out) within the investment community, causing the price of $TRUMP to surge from around $7.14 to a peak of $16.17 before adjusting to about $12.15.
This is a typical example of using the "access economy" strategy – providing exclusive access to drive demand and token value. However, this event also raised concerns about conflicts of interest and the use of political positions to promote personal interests.
