$TRUMP
The (MAGA) memecoin, inspired by Donald Trump, is currently trading around $0.2095, down 3.37% on the day. This dip follows a recent surge driven by a major announcement: Trump’s campaign is offering an exclusive dinner for the top 220 holders of the token at one of his golf clubs near Washington, D.C.
This move sparked a buying frenzy, with some investors purchasing over $1 million worth of tokens to secure a spot. Reports suggest that more than $100 million in total was poured into the token following the announcement. The initiative has drawn sharp criticism, with many calling it a “pay-to-play” scheme that monetizes access to the former president.
Questions have also arisen around transparency, especially regarding who the top holders are and the fact that affiliated companies may control a significant portion of the token supply.
Despite the recent hype, today’s dip may signal a short-term correction. Analysts and traders are keeping a close watch on how the campaign uses the token moving forward—and whether further incentives or regulatory concerns will affect its momentum.
Overall, it continues to blur the lines between politics, meme culture, and crypto speculation.
