$TRUMP
The Trump meme coin, officially known as $TRUMP, has recently experienced a significant surge in value, capturing the attention of the cryptocurrency market. Launched on January 17, 2025, just days before Donald Trump's inauguration, the coin initially saw a remarkable 220% increase within hours, reaching a market capitalization of $4.25 billion. Blockchain News, Opinion, TV and Jobs+9Business Insider+9The Financial Express+9Business Insider+2Hindustan Times+2Wikipedia+2
A major catalyst for the recent price spike was the announcement of an exclusive gala dinner hosted by President Trump for the top 220 holders of the $TRUMP coin. This event, scheduled for May 22 at the Trump National Golf Club in Washington, D.C., includes a VIP reception and a special tour for the top 25 token holders. Following this announcement, the coin's value surged over 60%, reaching an intraday peak of $16.17 before settling at $13.39, marking its highest level since early March. DIE WELT+2Reuters+2Business Insider+2Business Insider+1bitrue.com+1
The $TRUMP coin is hosted on the Solana blockchain platform, with a total supply limit of 1 billion tokens. Initially, 200 million coins were released to the public, while the remaining 800 million are held by Trump-owned companies. The coin's popularity has been further bolstered by its listing on major trading platforms like Robinhood, where it experienced a 26.67% increase in value, crossing the $60 mark. DIE WELT+8Wikipedia+8Hindustan Times+8CoinMarketCap
