A recent development that impacted the coin's price was the announcement of a dinner with President Trump for the top 220 holders of $TRUMP tokens. This event, scheduled for May 22 in Washington, D.C.., caused the coin's price to surge up to 71%, reaching an intraday peak of $16.17 before settling at $13.39. The event also includes a VIP tour of the White House for the top 25 holders. It's important to note that Trump is participating as a guest and not soliciting funds. The dinner is organized by FightFightFight LLC, a company affiliated with Trump.
Despite these fluctuations, $TRUMP remains a speculative asset with no intrinsic value other than its association with Donald Trump. The coin is primarily a collectible token, and its price movements are influenced by events and announcements related to Trump.
Given the current price of $15.37, the coin's value is subject to rapid changes based on market sentiment and news developments. Investors should exercise caution and be aware of the high volatility associated with this token.