$TRUMP TRUMP Coin Surges Amid Plans for Exclusive Dinner with Donald Trump

The $TRUMP meme coin surged up to 71% on Wednesday following news that former President Donald Trump will reportedly attend a private dinner with the top 220 holders of the token. According to the project's official website, the event is scheduled for May 22.

Initially launched just days before Trump’s inauguration in January, the token spiked to an intraday high of $16.17 before pulling back to $13.39 by early afternoon in New York—a 41% gain, marking its highest level since early March.

The announcement has sparked debate over the legal and ethical implications of tying access to a former president directly to ownership of a cryptocurrency. Some critics are questioning whether such a move blurs the lines between political influence and speculative investing.