Donald Trump is making headlines with his exclusive dinner invitation to top holders of his memecoin, TRUMP. The coin's value surged 58% to $14.32 after the announcement, which promises a private dinner with Trump at his Washington, D.C. golf club on May 22.
The top 220 holders of the TRUMP coin will receive an invitation to the dinner, with the top 25 holders getting an ultra-exclusive VIP reception with Trump, along with a behind-the-scenes tour.
This move has sparked significant interest in the TRUMP coin, with its value increasing by 66% to 70% in a short span.The coin's price jump is a welcome relief for investors who had seen steep losses in recent weeks.
It's worth noting that Trump has been actively promoting his memecoin, with his organization owning around 80% of the coin's supply. The former president has also been vocal about his support for the cryptocurrency industry, pledging to make the United States a global hub for digital finance.
