Trump's $TRUMP Coin Surges 60% After Exclusive Dinner Invitation

On April 24, 2025, President Donald Trump's meme cryptocurrency, $TRUMP, experienced a significant surge of over 60% following an announcement of a private gala dinner for the top 220 token holders. The event, scheduled for May 22 at Trump National Golf Club in Washington, D.C., offers the top 25 investors additional perks, including a VIP reception and a special tour with the president .

This initiative is part of a broader push by Trump and his family into cryptocurrency ventures, including launching the exchange World Liberty Financial and expanding Trump Media & Technology Group’s crypto finance operations . While the White House asserts that the president's assets are managed by his children, critics argue the event exemplifies using presidential office for personal financial gain .

The TRUMP coin, initially launched before Trump’s January 20 inauguration, has generated at least $350 million in fees for entities tied to the president .