On May 21, 2025, the $TRUMP
experienced a significant price increase, trading at approximately $13.75—a 90% surge since April. This uptick is largely attributed to anticipation surrounding an exclusive dinner hosted by President Donald Trump, scheduled for May 22, at his golf club near Washington, D.C. The event is set to welcome the top 220 holders of the TRUMP memecoin, with the top 25 receiving additional perks, including a private White House tour.
Among the notable attendees is Justin Sun, founder of the Tron blockchain, who has confirmed his position as the largest holder of the TRUMP memecoin, with a stake valued at approximately $19 million.
However, the event has sparked criticism from Democratic lawmakers and interest groups, who argue that it represents a monetization of political access. Protests are planned to coincide with the dinner, highlighting concerns over the intertwining of political influence and cryptocurrency investments.
Despite the controversy, the TRUMP memecoin's market capitalization has reached $2.9 billion, reflecting strong investor interest.
As the dinner approaches, the cryptocurrency community and political observers alike are watching closely to see how this unprecedented fusion of politics and digital assets unfolds.$MEME
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