$TRUMP

The $TRUMP meme coin has experienced a significant resurgence, surging over 60% following an announcement that President Donald Trump will host a private gala dinner for the top 220 coin holders on May 22 at Trump National Golf Club in Washington, D.C. The top 25 buyers are additionally promised a VIP reception and 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.

Despite ethical concerns raised by critics who argue the event exemplifies using presidential office for personal financial gain, the White House claims the president’s assets are managed by his children, denying conflict of interest. The coin, initially launched before Trump’s January 20 inauguration, has generated at least $350 million in fees for entities tied to the president.