$TRUMP $TRUMP TRUMP Pumps Due to Presidential Dinner
The official price of Trump (TRUMP), a meme coin managed by Solana and closely tied to American President Donald Trump, rose by up to 70% on Wednesday after the announcement of an invitation to more than 200 major holders for dinner with Trump at his golf club in the Washington, D.C. area.
As of Thursday morning, TRUMP, which ranks fiftieth among digital assets, was fluctuating around $12, up 32% since this time yesterday. The all-time high for TRUMP was approximately $73 on January 19, one day before the inauguration.
The market capitalization of TRUMP is now about $2.5 billion. About three-quarters of all existing tokens are still locked. A company owned by Trump holds a significant portion. TRUMP tokens worth $300 million that were previously locked were added to trading on April 18, according to CoinDesk, citing Tokenomics data. In July, another $600 million worth of TRUMP tokens will be unlocked.
At the dinner, Trump will discuss the future of cryptocurrencies, according to Politico, citing the meme coin's website.
Not a moment of "Where were you when...?" but it seems historic. Previous American presidents haven’t done this. They discussed the future of cryptocurrencies with cryptocurrency holders during a meal, dinner