President Trump's meme coin, which had dropped 88% from its recent peak, saw a surge on Wednesday following an announcement on its website inviting the top 220 token holders to an "intimate private dinner" with the former president.
After the invitation was shared on the $TRUMP coin’s website and X account, the token's value jumped by as much as $5.32, or 58%, reaching $14.32 by Wednesday afternoon. Despite the spike, the increase only partially recovered losses from its previous high of $75.35, recorded on January 19, the day before Trump’s inauguration.
