$TRUMP Sure—here’s an expanded breakdown of the memecoin, what's driving its popularity, and the broader implications:

What is $TRUMP?

is a memecoin launched on the Ethereum blockchain, inspired by former President Donald Trump. It's one of several politically-themed cryptocurrencies, but what makes it unique is its direct branding and promotional ties to Trump himself.

While originally seen as a novelty token, it's gained legitimacy and attention due to Trump's active acknowledgment of it, especially in 2025.

Recent Surge in Popularity

The recent rise in value and interest is due to a bold marketing move:

Dinner Invitation Campaign: Trump announced a black-tie-optional dinner gala for the top 220 token holders, with VIP treatment for the top 25 holders.

Top 25 perks: Private reception, exclusive tour of Trump's facilities, and likely photo ops and political clout.

Date: May 22, 2025.

Location: A Trump-owned club in Washington, D.C.

Leaderboard Competition: To qualify, participants must hold from April 23 to May 12, with rankings based on a mix of total tokens held and duration of holding—discouraging quick buy-ins and sell-offs.

Market Impact

Price Action: After the dinner announcement, the price of $TRUMP surged by over 60%, at one point hitting $14.70 before stabilizing near $12.

Market Cap: Gained around $700 million