#TRUMP晚宴
$TRUMP What is it?
$TRUMP is a meme coin based on the Solana blockchain, launched on January 17, 2025. The coin’s price skyrocketed from about $7–$8 to over $75, but then plummeted by 88% by early April. The coin is controlled by CIC Digital LLC and Fight Fight Fight LLC, which are held by the Trump family, owning about 80% of the supply.
Dinner Event Stimulates Price Surge
On April 23, 2025, the $TRUMP team announced that they would invite the first 220 coin holders to a private dinner on May 22 in Washington, D.C. The top 25 will have the opportunity to participate in a VIP reception with the President and a White House tour. Following the announcement, the coin price surged over 60% in one day, reaching $14.70.
Controversy and Criticism
Critics point out that Trump may be using presidential powers for personal gain, raising potential conflicts of interest. The White House denies this, stating that the assets are managed by his children. This has also raised concerns about the blurred lines between politics and cryptocurrency.
Current Market Situation
As of April 24, 2025, the price of $TRUMP is approximately $12.20, with a daily trading volume exceeding $500 million and a market capitalization of about $2.5 billion.