Trump crypto soars as president offers dinner to top holders



Since the US president pledged to hold two exclusive meetings for its leading investors, the value of Donald Trump's cryptocurrency has skyrocketed.



According to the $Trump meme coin's website, the president will host a special gala dinner with the 220 largest holders on May 22. The invitation is dubbed the "most EXCLUSIVE INVITATION in the world."



Coinbase, a cryptocurrency trading site, reports that following the news, $Trump surged by almost 70%. However, it is still well behind the all-time high of around $74 (£42.40) that was attained soon after its January introduction.



One of the many cryptocurrency-related initiatives started by companies connected to Trump—who has referred to himself as the "crypto president"—is the digital currency.