#DinnerWithTrump

The price of Donald Trump's cryptocurrency has skyrocketed after the U.S. president promised to host two special events for his top investors.

The website for the meme coin $Trump says that its 220 largest holders will receive an invitation to a private gala dinner with the president on May 22, describing it as the "MOST EXCLUSIVE INVITATION in the world."

According to the cryptocurrency trading platform Coinbase, $Trump jumped more than 70% after the announcement. But it remains well below the record of over $74 (£42.40) reached shortly after its launch in January.

The digital coin is one of several cryptocurrency-related initiatives launched by companies linked to Trump, who has called himself the "president of cryptocurrencies."

author: initiatives launched by companies linked to TrumpArticle information

Author, João da Silva

Role, Business reporter, BBC News