Trump’s crypto coin surges after dinner invite for top holders
The top 220 holders of the digital asset will be invited to a black-tie dinner.
Donald Trump’s meme cryptocurrency, $TRUMP, has seen a sharp rise in value after an attention-grabbing offer promised a private dinner with the US President for its wealthiest holders.
The official website for the coin unveiled a new campaign stating that the top 220 holders of the digital asset will be invited to a black-tie dinner at Trump National Golf Club in Washington, D.C., on May 22.
A special reception with the president is also planned exclusively for the top 25 holders, giving participants unprecedented access to Trump in what is being described as one of the most exclusive events of the year.
The announcement sent the token’s value soaring by more than 70% in just a few hours, reversing part of a steep decline the coin had faced in recent months. Despite the jump, the current price remains well below the all-time high of over $75 reached shortly after its January launch.
Originally released just days before Trump’s second inauguration, the $TRUMP coin is part of a broader suite of Trump-linked digital ventures. These include NFTs, crypto platforms, and now investment products through his media company, all promoting the former president’s self-proclaimed identity as the "crypto president."